Zimbabwe's Casino Economy


Book Description

This is the remarkable first-hand account of the tenure of the Governor of the Reserve Bank of Zimbabwe, from December 2003 until November 2008. A close colleague of President Robert Mugabe, he explains why he cherishes that opportunity to serve him and his country. A number of beliefs underpin his account of his tenure: every nation seeks development in terms of economic growth, equity, social cohesion, political stability, democracy and human rights as well as sovereignty or national autonomy in international affairs, and his account is therefore in a development context, the object of public policy. He contends that Zimbabweans have been denied the pursuit of development which is in a precarious state, because of "illegal economic sanctions imposed on Zimbabwe by Britain and its allies who have sought regime change in the country and because of serious gaps and weaknesses in the policy response to the sanctions by both the government and the business community in our country". The result of political turmoil and market failure is that order and stability have been compromised and the Zimbabwe economy is now drive by a casino ethic, with devastating effects. He outlines the Reserve bank response to the challenges, and concludes by mapping a socio-economic roadmap for reform and recovery. After an introductory bio-professional note, the chapters cover: The Invisible Hand's Dirty Politics; The Market Economy as a Casino Economy; Corrupting Banking and the Stock Exchange; Illegal Sanctions as Terrorism; When Things Fell Apart; Taking a New Direction; Tackling the Casino Economy; Beyond the Casino Economy.




Zimbabwe: The Link Between Politics and the Economy


Book Description

In this accessible and authoritative book, Godfrey Kanyenze provides a comprehensive and far-reaching analysis of the socio-economic development in Zimbabwe in light of the expanding authoritarianism and the ongoing destruction of democratic institutions during the four decades after independence. Kanyenze describes the various phases of the socio-economic development starting with 1980 when the people of Zimbabwe saw their hard-won independence and new democracy as a promise for a "better life for all". Kanyenze highlights how by dismantling all barriers of economic and legal restraint, and that despite being necessary, The land reform programme put the political and financial interests of the elite before those of the people which continues to this day. Kanyenze reveals the governmental attacks on civil society, and notes how economic policy was not even part of an "authoritarian bargain", an implicit arrangement between ruling elites and citizens whereby citizens relinquish political freedom in exchange for public goods. And he concludes this analysis with a current update of Zimbabwe today, where citizens have nothing -neither political freedom nor public goods. This impressive and gripping account of an authoritarian capitalist system and a country in decline is a must-read for students, researchers, policymakers and those who want to better understand how politics and the economy, interests, conflicts, and power work together.




Zimbos Never Die?


Book Description

This book seeks to explore how the Zimbabwean society and its institutions have survived if not succumbed to continuous economic crises in the country. From the 1990s Zimbabwe experienced a sustained economic decline challenged by both internal and external strains. Coupled with internal mis-governance and corruption, the nation plunged into a political and economic crisis which culminated in the second highest world inflation rate for an economy that is not at war. In the face of the harsh and continuously deteriorating economic environments, Zimbabweans as individuals as well as part of institutions adopted various strategies to negotiate and survive the economic scourge. Contributors include Wellington Bamu, Nathaniel Chimhete, Anusa Daimon, Innocent Dande, Sylvester Dombo, Tinotenda Dube, Rudo Gaidzanwa, Tafara Evelyn Kombora, Ushehwedu Kufakurinani, Bernard Kusena, Eric Kushinga Makombe, Albert Makochekanwa, Blessed Masawi, Ivo Mhike, Joseph P. Mtisi, Joseph Mujere, Wesley Mwatwara, Pius S. Nyambara, Tinashe Nyamunda, Mark Nyandoro, Takesure Taringana and Nicola Yon (Mutimurefu).




'Progress' in Zimbabwe?


Book Description

Zimbabwe's severe crisis - and a possible way out of it with a transitional government, and the new era for which it prepares the ground - demands a coherent scholarly response. 'Progress' can be employed as an organising theme across many disciplinary approaches to Zimbabwe's societal devastation. At wider levels too, the concept of progress is fitting. It underpins 'modern', 'liberal' and 'radical' perspectives of development pervading the social sciences and humanities. Yet perceptions of 'progress' are subject increasingly to intensive critical inquiry. Their gruesome end is signified in the political projects of Robert Mugabe and ZANU-PF. John Gray's Black Mass: Apocalyptic Religion and the Death of Utopia indicates this. It is expected that participants will engage directly in debates about how the idea of 'progress' has informed their disciplines - from political science and history to labour and agrarian studies, and then relate these arguments to the Zimbabwean case in general and their research in particular. This book was published as a special issue of the Journal of Contemporary African Studies.




Relationality and Resilience in a Not So Relational World?


Book Description

This book critically examines the relevance of the increasingly popular theories on relationality by interfacing those theories with the African [Shona] modes of engagement known as chivanhu [often erroneously narrowly translated as tradition]. In other words, the book takes seriously concerns by African scholars that much of the theories that have been applied in Africa do not speak to relevance and faithfulness to the continent. Situated in a recent Zimbabwean context marked by multiple crises producing multiple forms of violence and want, the book examines the relevance of relational ontologies and epistemologies to the everyday life modes of engagements by villagers in a selected district. The book unflinchingly surfaces the strengths and weaknesses of popular theories while at the same time underlining the exigencies of theorising from Africa using African data as the millstones. By meticulously and painstakingly unpacking pertinent issues, the book provides unparalleled intellectual grit for the contemporary and increasingly popular discourses on (de-)coloniality and resilience in relation to the African peoples and their [often deliberately contested] environments, past, present and future. In other words, the book loudly sounds the bells for the battles to decolonise and transform Africa on Africas own terms. This is a book that would be extremely useful to scholars, activists, theorists, policy makers and implementers as well as researchers interested not only in Africas future trajectory but also in the simultaneities of temporalities and worlds that were sadly overshadowed by colonial epistemologies and ontologies for the past centuries.




Economy for and Against Democracy


Book Description

Political constitutions alone do not guarantee democracy; a degree of economic equality is also essential. Yet contemporary economies, dominated as they are by global finance and political rent-seekers, often block the realization of democracy. The comparative essays and case studies of this volume examine the contradictory relationship between the economy and democracy and highlight the struggles and visions needed to make things more equitable. They explore how our collective aspirations for greater democracy might be informed by serious empirical research on the human economy today. If we want a better world, we must act on existing social realities.




Zimbabwe@40


Book Description

Zimbabwe @ 40 is a celebration of the country's four decades of independence and statehood. Forty years is a relatively short period in a nation's life, but it is a formative period: what lessons can be learnt from the successes and failures, challenges and opportunities of the last 40 years? What should be avoided in the next 40? Lloyd Sachikonye and David Kaulemu have assembled a distinguished team of scholars to address these questions, and the book focuses on issues that characterise the country's development trajectory: the linkage between values and institutions; defects in its democracy; the 'curse' of mineral and agricultural endowment; the impact of migration; and the social exclusion of women and young people. The book is written from a depth of commitment to a just, peaceful and prosperous Zimbabwe, and represents a 'work in progress', reflecting the continuing research, evaluation and dialogue that each of the authors is engaged in, and signalling the nature and direction of future such work. As the editors conclude: 'None of the chapters are pessimistic, nor are they negative about the country. They are realistic about the gravity of the historical moment the nation faces and the high moral, political and economic mountains we must climb before we can see the Promised Land. Yet they are full of hope - they are convinced that we have not come to the end of history.'




Powered by Faith


Book Description

This book investigates the impact of Pentecostalism on the participation of women in business in Harare, Zimbabwe. Chapters in this volume trace the history of women’s participation in business and highlight how Pentecostalism serves as a major motivating factor. The central argument is that there is a way in which selected women’s businesses are “powered by the Spirit.” Contributors to the volume utilize case studies of selected Pentecostal churches and ministries to highlight how the religious ideologies of these churches galvanize them to engage in business. They also draw patterns of similarity and difference across the different Pentecostal churches. The volume demonstrates how Pentecostalism both facilitates and militates against women’s participation in business concerning a specific setting in Zimbabwe.




China’s New Role in African Politics


Book Description

China's rise to global power status in recent decades has been accompanied by deepening economic relationships with Africa, with the New Silk Road's extension to Sub-Saharan Africa as the latest step, leading to much academic debate about the influence of Chinese business in the continent. However, China's engagement with African states at the political and diplomatic level has received less attention in the literature. This book investigates the impact of Chinese policies on African politics, asking how China deals with political instability in Africa and in turn how Africans perceive China to be helping or hindering political stability. While China officially operates with a foreign policy strategy which conceives of Africa as one integrated monolithic area (with the Forum on China-Africa Cooperation (FOCAC) the flagship of inter-continental cooperation), this book highlights the plurality of context-specific interaction patterns between China and African elites, demonstrating how China's role and relevance has differently evolved according to whether African countries are resource-rich and geostrategically important from the Chinese perspective or not. By looking comparatively at a range of different country cases, the book aims to promote a more thorough understanding of how China reacts to political stability and instability, and in which ways the country contributes to domestic political dynamics and stability within African states. China’s New Role in African Politics will be of interest to researchers from across Political Science, International Relations, International Law and Economy, Security Studies, and African and Chinese Studies.




A Companion to African Literatures


Book Description

Rediscover the diversity of modern African literatures with this authoritative resource edited by a leader in the field How have African literatures unfolded in their rich diversity in our modern era of decolonization, nationalisms, and extensive transnational movement of peoples? How have African writers engaged urgent questions regarding race, nation, ethnicity, gender, and sexuality? And how do African literary genres interrelate with traditional oral forms or audio-visual and digital media? A Companion to African Literatures addresses these issues and many more. Consisting of essays by distinguished scholars and emerging leaders in the field, this book offers rigorous, deeply engaging discussions of African literatures on the continent and in diaspora. It covers the four main geographical regions (East and Central Africa, North Africa, Southern Africa, and West Africa), presenting ample material to learn from and think with. A Companion To African Literatures is divided into five parts. The first four cover different regions of the continent, while the fifth part considers conceptual issues and newer directions of inquiry. Chapters focus on literatures in European languages officially used in Africa -- English, French, and Portuguese -- as well as homegrown African languages: Afrikaans, Amharic, Arabic, Swahili, and Yoruba. With its lineup of lucid and authoritative analyses, readers will find in A Companion to African Literatures a distinctive, rewarding academic resource. Perfect for undergraduate and graduate students in literary studies programs with an African focus, A Companion to African Literatures will also earn a place in the libraries of teachers, researchers, and professors who wish to strengthen their background in the study of African literatures.