GMRI CAPITAL- Relentless Research

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.

You are here: Home

Managing change in Zimbabwe

Monday, 09 August 2004
Zimbabwe needs fresh leadership for the Zimbabwe Economy to recover. Zimbabwe can be likened to a very poorly performing Company. And its CEO is non other than President Mugabe, and if the company is to have any chance of recovery its imperative that the CEO who led the company to its ruin must be “retired”. I have already written extensively about Zimbabwe’s Economic problems. In this article I seek to suggest ways to resolve the Economic decay. Even if Zimbabwe was to get a Finance Minister from planet Jupiter and RBZ Governor from the Outer Space Zimbabwe’s Economy would never recover as long as President Mugabe remains the CEO of Zimbabwe Inc.
Last Updated ( Sunday, 18 May 2008 )
Read more...