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SWF shift the balance of power

The current shift of financial power from multi-national organizations such as World Bank, I.F.C and others to Sovereign Wealth Funds presents developing nations such as Zimbabwe with a new source of foreign direct investment. A sovereign wealth fund (SWF) is a state-owned fund composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds have gained world-wide exposure by investing in several Wall Street financial firms. These firms needed a cash infusion due to losses resulting from the credit crunch caused by the mortgage meltdown which started in the USA.

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Sell Indian Equities, Buy in South Africa, Morgan Stanley Says

Monday, 20 April 2009

By Michael Patterson

April 17 (Bloomberg) -- Investors should sell stocks in India, the top-performing major emerging market during the past month, and buy equities in South Africa, the worst performer, Morgan Stanley said.

ZANU determined to continue looting

Saturday, 11 April 2009
The recent demotion of ICT Minister Hon. Nelson Chamisa by the ZANU PF leader Mr Robert Mugabe only serves to confirm how insincere ZANU-PF remains about genuine partnership with the opposition. ZANU PF has a defined plan to weaken and decimate the opposition ahead of elections .
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Zimbabwe ministerial retreat a critical step

Sunday, 05 April 2009
The on-going Zimbabwe Ministerial retreat conference in Victoria Falls is an important step in trying to create a normal environment for Economic recovery. It is important to note that this was facilitated by the World Bank. Whilst the people are understandably angry about a gathering at a major tourist attraction area this is a gathering which forms part of the national healing process and creating a national unity of purpose sense.
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