Public Policy Making in Zimbabwe

Exchange rates play a pivotal role in the relationships between individual economies and the global economy. Almost all financial flows are processed through the exchange rate, as a result the movements and fluctuations of the exchange have a significant impact on international competitiveness, trade flows, investment decisions and many other factors within the economy. Due to the increasing globalisation of the world economy, trade and financial flows are becoming more accessible

The political and economical issues spread beyond the government and to the community in Zimbabwe. For 15 years prior, the economy is Zimbabwe had been slowly fading but after the recent election the unemployment rate rose to eighty percent (“Govt” 1, 2). The number for jobless people increased to a massive number of nearly 200,000 making the eleventh year high up to 3.33 million (“Bankruptcies” 1, 2). This made it extremely challenging for families to afford things like education, health care, and even housing. As a result, this forced people to turn to crime and corruption just to try and make a living. While the citizens were turning to crime, the government was wasting all it’s money for personal needs. It was also discovered that the government had been paying more than 40,000 to what was referred to as “ghost workers” appearing on their payroll (“Govt” 1, 2). As a result of this, Zimbabwe was part of a huge fraud situation with the Nigerian Deposit Insurance. They were accounted for seventy-four cents for all fraud counts (“Our” 1). Soon after this scandal, Zimbabwe had no choice but to declare bankruptcy making the country record, 1082 bankruptcies as of 2008 (“Bankruptcies” 1, 2). After the fraud situation the government tried to cover up by creating an Anti-Corruption Commission (ACC). The government was interested in fixing

As for the Treasury Bonds, nobody in his normal senses will buy bonds in a dying country. The government is broke, the Reserve Bank is broke; how on earth can investor splash money in an economy like that? I have two billionaire friends who live in West Virginia and Vermont who are ready to invest in Zimbabwe,

The regions around Robert Mugabe have fallen apart under loose governments. Robert Mugabe of Zimbabwe ran a beautiful, prosperous nation straight into the ground. Also like The Democratic Republic of Congo’s Joseph Kabila, who is said to play video games while his country falls apart(Gettleman 1). Kagame routinely stays up to 2 or 3am to go through issues of The Economist or study progress reports from red-dirt villages across his country. He is constantly searching for better, more efficient ways to save the billion dollars his government gets each year from donor nation. These things show exactly what other nations in the region should be trying to do with the money they are given. This matters because although Kagame runs his country in a way new to Africa, what he does for his country works and shows what others should be doing. Staying up for long hours and working hard to help Rwanda has benefit the country and many of Rwanda's neighboring countries could learn from looking at what Kagame

Foreign to Africa has caused little to no outside investment in business within the continent and a sizable portion of the continent’s savings are

In addition to the drought, Zimbabwe suffers from hyper-inflation as a result of Mugabe's "reforms". He seized all of the farms from white farmers and redistributed them to his supporters. When Mugabe took power in 1980 after the British ceded control of the country, Zimbabwe was poised to be one of the world's most promising economies. Mugabe's policies have thrown the country into economic chaos, however, with its output less than half of what is was nearly 40 years ago.

Yet for these countries, world trade in reality plays a major role. In many Sub-Saharan countries, foreign trade (measured in terms of imports and exports) represents more than fifty percent of their GDPs. This is due to a lack of infrastructure and machinery to process the available raw materials which leaves countries overdependent on imports, not adequately balanced by corresponding exports. This dependence on finished imports would be curtailed if these nations had enough capital to purchase machinery to process their raw-materials and sell the finished product locally or export them. However, in order to obtain enough capital to fulfill such drastic projects, they need outside help in the form of private investors.

This past rainy season there has been numerous floods mainly in southern zimbabwe. Since this past December, 249 people have died and thousands are homeless. Many of the victims are waiting for any international or government aid. The president has not sent any form of aid to the people or hospitals. All he has mentioned so far was that it was a “National disaster.”This is not suspicious as there are still many victims of 2014 flood who are still homeless and unable to go back to normal life due to not receiving aids. In the past, Mugabe has given people aid that did not benefit them such as a few bread and water or a couple of tshirts. I used situational irony, hyperbole, understatement and sarcasm I exaggerated how useless his aids are by showing how him dancing for them is the same as the aid he provides. Also the quote, “We have said we will never collapse, never ever. We may have our droughts, our poverty, but as a people, we shall never collapse, never ever.” is what he actually said about the people of zimbabwe, but in reality, the people are collapsing and as time pass the rate of the country and its people falling is increasing. Emmerson Mnangagwa, the vice president of Zimbabwe wants to be the president and due to his background it is most certain he does not agree with Robert Mugabe ideas, but he publicly says he supports the president's corrupt ideas in hopes of getting closer

Given the nature of its business, Jaguar is faced with three types of exchange rate exposure (1) Transaction, (2) Translation and (3) Economic . Transaction exposures arise whenever the firm commits (or is contractually obligated) to make or receive a payment at a future date denominated in a foreign currency. Translation exposures arise from accounting based changes in consolidated financial statements caused by a change in exchange rates. In this case we primarily focus on the Economic exposure -also known as Operating exposure or Competitive exposure- of Jaguar.

Many of the contemporary issues in South Africa can easily be associated with the apartheid laws which devastated the country. The people of South Africa struggle day by day to reverse “the most cruel, yet well-crafted,” horrific tactic “of social engineering.” The concept behind apartheid emerged in 1948 when the nationalist party took over government, and the all-white government enforced “racial segregation under a system of legislation” . The central issues stem from 50 years of apartheid include poverty, income inequality, land ownership rates and many other long term affects that still plague the brunt of the South African population while the small white minority still enjoy much of the wealth, most of the land and opportunities

Afternoon once again some more on Zimbabwe...DISCUSS THE RISE AND EXPANSION OF THE MUTAPA STATE. (NOV 2008)

With China, Zimbabwe would “never walk alone” claimed Emerson Mnangagwa, speaker of the Zimbabwe parliament (qtd in Obiorah 39). Nonetheless, several experts have condemned the Chinese government for fueling the ongoing conflicts in Zimbabwe and for helping the authoritarian government in its repression of any opposition. China has been heavily criticized for shipping armament to Zimbabwe that would ultimately distributed to the military and the militia that would help keep the opposition down during the 2008 elections. Although China adopts its non-interference stance, such types of trades are ultimately affecting the country. The delivery of those arms coincided with a time of extreme hostilities in the country and many pointed fingers at the Chinese government for blatant human rights violations (Spiegel and Le Billon 324, 330).

The country is a key investor within the East African commmunity, while the largest chunk of intraregional trade is due to Kenya. However, economic

• Financial management effort: To minimize the risk of exchange-rate fluctuation and transactions processes of export activity the financial management needs more capacity to cope the major effort

Great Eastern Toys is a company in Hong Kong that exports a huge percent of its total sales to the North American and European markets and hence is exposed to currency risk. Previously, the company was occupied with expanding their business and the company 's management had never given much attention to currency risk until their recent meeting with their banker. The banker pointed out that the depreciation of the European currencies during the previous two years had resulted in a substantial loss of income. The company 's management was indeed convinced that they should begin to devote more time and manage their currency position. In this report, we are going to explore the different options for Great Eastern Toys to hedge