Jonathan Munemo
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Articles by Jonathan Munemo
Zimbabwe wants digital payments to build trust in its newest currency
Zimbabwe’s central bank wants people to use the ZiG, a gold-backed local currency launched in April 2024, alongside the US dollar. A proposed real-time payment system based on Indian technology could help make the ZiG easier and cheaper to use. But digital payments will strengthen the currency only if people have good reasons to trust it.
Zimbabwe wants digital payments to build trust in its newest currency. Why technology alone won't be enough to save the ZIG
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Zimbabwe wants digital payments to build trust in its newest currency. Why technology alone won't be enough to save the ZiG
India, Oct. 26 -- Zimbabwe's push for digital payments with the ZiG, a gold-backed currency, aims to enhance trust and usability. However, success hinges on public confidence, institutional control, and voluntary adoption. Lessons from Cambodia and Namibia show that while technology can improve convenience, trust in the currency must be built through credible monetary policies and transparent systems.
Zimbabwe wants digital payments to build trust in its newest currency. Why technology alone won’t be enough to save the ZiG
iPhones 12 hours ago iPhone Duo one day later: Here’s why its quirks don’t make it any less incredible 9to5Mac - Michael Burkhardt • 12h Yesterday, I picked up my iPhone Duo at Apple Fifth Avenue, and it’s been a wonder to use. Of course, the phone isn’t perfect, but after my first day of usage, I’m looking forward to daily driving it – even if it has a couple quirks.
Zimbabwe wants digital payments to build trust in its newest currency. Why technology alone won’t be enough to save the ZiG
Zimbabwe’s central bank wants people to use the ZiG, a gold-backed local currency launched in April 2024, alongside the US dollar. A proposed real-time payment system based on Indian technology could help make the ZiG easier and cheaper to use. But digital payments will strengthen the currency only if people have good reasons to trust it.
Zimbabwe wants digital payments to build trust in its newest currency. Why technology alone won’t be enough to save the ZiG
Zimbabwe’s central bank wants people to use the ZiG, a gold-backed local currency launched in April 2024, alongside the US dollar. A proposed real-time payment system based on Indian technology could help make the ZiG easier and cheaper to use. But digital payments will strengthen the currency only if people have good reasons to trust it.
Afrique: Le monde a changé - Les pays africains doivent repenser leur modèle de croissance économique
La perturbation prolongée du trafic maritime dans le détroit d'Ormuz a mis en évidence la vulnérabilité des économies africaines face aux chocs géopolitiques. Les prix des carburants sont restés élevés, mettant à rude épreuve les économies qui dépendent fortement des importations de pétrole en provenance du Moyen-Orient. C'est le cas notamment de l'Éthiopie, du Kenya, du Mozambique, de l'Afrique du Sud, de la Tanzanie et de l'Ouganda.
Le monde a changé : les pays africains doivent repenser leur modèle de croissance économique
La perturbation prolongée du trafic maritime dans le détroit d’Ormuz a mis en évidence la vulnérabilité des économies africaines face aux chocs géopolitiques. Les prix des carburants sont restés élevés, mettant à rude épreuve les économies qui dépendent fortement des importations de pétrole en provenance du Moyen-Orient. C'est le cas notamment de l’Éthiopie, du Kenya, du Mozambique, de l’Afrique du Sud, de la Tanzanie et de l’Ouganda.
The world has changed – African countries must rethink how they grow their economies
The prolonged disruption of shipping through the Strait of Hormuz has exposed how vulnerable Africa’s economies are to geopolitical shocks. Fuel prices have remained elevated, squeezing economies that depend heavily on petroleum imports from the Middle East. These include Ethiopia, Kenya, Mozambique, South Africa, Tanzania, and Uganda.
World has changed and African States must rethink how they grow economies
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World has changed and African States must rethink how they grow economies
A photograph taken on May 20, 2021, shows the container ship Cap Carmel, owned by a Denmark-based shipping line and sailing under the flag of Singapore, docked at the berth of the Lamu Port on the inauguration day of the harbour's first berth. [AFP] The prolonged disruption of shipping through the Strait of Hormuz has exposed how vulnerable Africa’s economies are to geopolitical shocks. Bold Reporting Takes Time, Courage and Investment. Stand With Us. Subscribe now and enjoy 50% off annual plans.
The world has changed. African countries must rethink how they grow their economies
© 2026 Tolerance.ca ® Inc. All reproduction rights reserved. All information reproduced on the Web pages of www.tolerance.ca (including articles, images, photographs, and logos) is protected by intellectual property rights owned by Tolerance.ca ® Inc. or, in certain cases, by its author. Any reproduction of the information for use other than personal use is prohibited.
The world has changed. African countries must rethink how they grow their economies
The prolonged disruption of shipping through the Strait of Hormuz has exposed how vulnerable Africa’s economies are to geopolitical shocks. Fuel prices have remained elevated, squeezing economies that depend heavily on petroleum imports from the Middle East. These include Ethiopia, Kenya, Mozambique, South Africa, Tanzania and Uganda.
Afrique: Le commerce mondial devient une arme - Comment les économies africaines peuvent-elles se protéger ?
« Aujourd'hui, tout le monde reconnaît que le commerce est autant une question de sécurité qu'une question économique. » C'est ce qu'a déclaré Christine Lagarde, présidente de la Banque centrale européenne, en février 2026, lors d'un discours prononcé à la Conférence de Munich sur la sécurité. Même si elle parlait de l'Europe, ses propos résonnent fortement en Afrique.
Le commerce mondial devient une arme : comment les économies africaines peuvent‑elles se protéger ?
« Aujourd’hui, tout le monde reconnaît que le commerce est autant une question de sécurité qu’une question économique. » C'est ce qu'a déclaré Christine Lagarde, présidente de la Banque centrale européenne, en février 2026, lors d'un discours prononcé à la Conférence de Munich sur la sécurité. Même si elle parlait de l’Europe, ses propos résonnent fortement en Afrique. Les 54 économies du continent sont confrontées à une triple tension à laquelle il n’existe pas de solution facile.
When global trade becomes a weapon, how can African economies protect themselves?
“TODAY, everyone recognises that trade is as much a security issue as an economic one.” European Central Bank president Christine Lagarde made this comment in February 2026, while addressing the Munich Security Conference. Although she was speaking about Europe, her words matter profoundly for Africa. The continent’s 54 economies face a three-way tension that has no easy resolution. Firstly, they must stay integrated enough with the world economy to grow.
Africa: When Global Trade Becomes a Weapon, How Can African Economies Protect Themselves?
"Today, everyone recognises that trade is as much a security issue as an economic one." European Central Bank president Christine Lagarde made this comment in February 2026, while addressing the Munich Security Conference. Although she was speaking about Europe, her words matter profoundly for Africa. The continent's 54 economies face a three-way tension that has no easy resolution.
When global trade becomes a weapon, how can African economies protect themselves?
“Today, everyone recognises that trade is as much a security issue as an economic one.” European Central Bank president Christine Lagarde made this comment in February 2026, while addressing the Munich Security Conference. Although she was speaking about Europe, her words matter profoundly for Africa. The continent’s 54 economies face a three-way tension that has no easy resolution. Firstly, they must stay integrated enough with the world economy to grow.
When global trade becomes a weapon, how can African economies protect themselves?
© 2026 Tolerance.ca ® Inc. All reproduction rights reserved. All information reproduced on the Web pages of www.tolerance.ca (including articles, images, photographs, and logos) is protected by intellectual property rights owned by Tolerance.ca ® Inc. or, in certain cases, by its author. Any reproduction of the information for use other than personal use is prohibited.
Zimbabwe’s ZiG: devaluations won’t fix a currency that’s in trouble because of government overspending
© 2024 Tolerance.ca ® Inc. All reproduction rights reserved. All information reproduced on the Web pages of www.tolerance.ca (including articles, images, photographs, and logos) is protected by intellectual property rights owned by Tolerance.ca ® Inc. or, in certain cases, by its author. Any reproduction of the information for use other than personal use is prohibited.
Zimbabwe’s ZiG: devaluations won’t fix a currency that’s in trouble because of government overspending
The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the official exchange rate from 13.9 ZiG per US dollar to 24.4 ZiG per US dollar. The ZiG (Zimbabwe Gold) is the nation’s newest currency and was launched in April 2024. The unexpected devaluation was prompted by the need to contain resurgent exchange rate pressure which started back in August due to higher food import costs and a slide in mineral export sales.
Afrique: Les pays africains confrontés à une dette élevée, des exigences de dépenses accrues et l'effondrement de leurs monnaies - Voici quelques solutions politiques utiles
Les pays africains très endettés sont confrontés à des compromis difficiles entre le service d'une dette coûteuse, le soutien à des besoins de développement élevés et croissants et la stabilisation des monnaies nationales. La dette publique a augmenté dans au moins 40 pays africains au cours de la dernière décennie.
Les pays africains confrontés à une dette élevée, des exigences de dépenses accrues et l'effondrement de leurs monnaies : voici quelques solutions politiques utiles
Les pays africains très endettés sont confrontés à des compromis difficiles entre le service d'une dette coûteuse, le soutien à des besoins de développement élevés et croissants et la stabilisation des monnaies nationales. La dette publique a augmenté dans au moins 40 pays africains au cours de la dernière décennie.
African countries are struggling with high debt, demands to spend more and collapsing currencies: the policy fixes that could help
Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls, and unfavourable exchange rate pressures.
African countries are struggling with high debt, demands to spend more and collapsing currencies: the policy fixes that could help
By Jonathan Munemo, Professor of Economics, Salisbury University Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls, and unfavourable exchange rate pressures.
Zimbabwe election: economic woes add to tensions
There are many reasons for trepidation among millions of Zimbabweans as they gear up to cast their votes at the end of this month. Chief among them are the relentless and ruthless attempts by the ruling ZANU-PF party under President Emmerson Mnangagwa to cling onto power. Weighing equally on voters’ minds will be the dire state of the country’s economy. Jonathan Munemo sets out just how bleak things are for ordinary Zimbabweans.
ANALYSIS | Zimbabwe heads to polls amid high inflation, slumping currency and cost of living crisis
Zimbabwe's next president will need to push for reforms in governance to tackle deep underlying problems. Otherwise the country will remain locked in a seemingly endless battle to ward off the economic crisis that is being acutely felt by voters, writes Jonathan Munemo. Zimbabwe is facing a host of pressing challenges that voters dearly want the next president to address.
Zimbabwe heads to the polls amid high inflation, a slumping currency and a cost of living crisis
By Jonathan Munemo, Professor of Economics, Salisbury University Zimbabwe is facing a host of pressing challenges that voters dearly want the next president to address. Persistently high inflation, elevated interest rates, and a slumping and volatile Zimbabwe dollar… Read complete article © The Conversation -
Zimbabwe heads to the polls amid high inflation, a slumping currency and a cost of living crisis
Zimbabwe is facing a host of pressing challenges that voters dearly want the next president to address. Persistently high inflation, elevated interest rates, and a slumping and volatile Zimbabwe dollar have combined to fuel a cost of living crisis for households and battered business activity. These will be among the key economic concerns weighing on Zimbabweans as they prepare to cast their votes at elections scheduled for late August.
Next Zim President faces uphill task
The next president will, therefore, need to push for reforms in governance to tackle deep underlying problems. Otherwise the country will remain locked in a seemingly endless battle to ward off the economic crisis that is being acutely felt by voters. ZIMBABWE is facing a host of pressing challenges that voters dearly want the next president to address.
G7, US production shifts, Russia & China
I’m old enough to remember the first computers being introduced into newsrooms. That was over 40 years ago. They were big and ugly. Every piece of them – from their inelegant architecture to the microchips driving them – was manufactured in Japan. Then the pendulum began to swing, and by the turn of this century China was establishing itself as the king of computer manufacturing. Particularly microchips. Now the pendulum is swinging back in spectacular fashion.
OPINION | US laws to promote home-grown industries will hurt African economies
As US allies respond with inward looking protection measures of their own and align with the US to create a global supply chain less reliant on China, worsening economic fragmentation could have far-reaching consequences for countries in Africa, writes Jonathan Munemo. For more financial news, go to the News24 Business front page. The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China.
US laws to promote home-grown industries will hurt African economies - Grazia Daily News
The Biden administration has actually ratcheted up protectionism and commercial policy amidst rising financial stress with China. Legislation passed in 2022 opened numerous billions of dollars in aids to stimulate domestic production of renewable resource and electrical lorries, and to support other decarbonisation objectives. The legislation is likewise created to support homegrown tactical markets such as high-end semiconductors while constraining China’s access to such innovations.
US laws to promote home-grown industries will hurt African economies
© 2023 Tolerance.ca ® Inc. All reproduction rights reserved. All information reproduced on the Web pages of www.tolerance.ca (including articles, images, photographs, and logos) is protected by intellectual property rights owned by Tolerance.ca ® Inc. or, in certain cases, by its author. Any reproduction of the information for use other than personal use is prohibited.
US laws to promote home-grown industries will hurt African economies Original
The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in subsidies to spur domestic production of renewable energy and electric vehicles, and to support other decarbonisation goals. The legislation is also designed to support homegrown strategic industries such as high-end semiconductors while constraining China’s access to such technologies.
Zimbabwe’s budget plans open door for growth Original
By Jonathan Munemo, The Conversation When Zimbabwe’s finance minister Mthuli Ncube presented the national budget for 2023 to Parliament in November 2022, he placed high emphasis on a raft of initiatives designed to spur strong economic growth and unleash economic transformation. These included financing of infrastructure projects, education, health, value chains and other public investments.
Zimbabwe's budget plan plans open door for development
When Zimbabwe’s money preacher Mthuli Ncube provided the nationwide allocate 2023 to Parliament in November 2022he put high focus on a boating of campaigns developed to stimulate solid financial development and release financial makeover. These consisted of funding of facilities jobs, education and learning, wellness, worth chains and various other public financial investments.
Zimbabwe’s budget plans open door for growth. But only if high interest rates don't derail them
© 2023 Tolerance.ca ® Inc. All reproduction rights reserved. All information reproduced on the Web pages of www.tolerance.ca (including articles, images, photographs, and logos) is protected by intellectual property rights owned by Tolerance.ca ® Inc. or, in certain cases, by its author. Any reproduction of the information for use other than personal use is prohibited.
Zimbabwe’s budget plans open door for growth. But only if high interest rates don't derail them
When Zimbabwe’s finance minister Mthuli Ncube presented the national budget for 2023 to Parliament in November 2022, he placed high emphasis on a raft of initiatives designed to spur strong economic growth and unleash economic transformation. These included financing of infrastructure projects, education, health, value chains and other public investments.
Kenyan Senator ejected from parliament over alleged ‘period stain
Ejected Kenyan minister Gloria Orwoba A Kenyan senator is reported to have been sacked from parliament after attending a session while wearing a white suit stained red in an apparent menstrual activism campaign. Gloria Orwoba, of the ruling coalition, is due to table a motion on a bill to provide free sanitary pads on Wednesday as part of efforts to end period poverty.
OPINION | The US dollar is getting stronger: African countries are feeling the pain and have few policy options
The dollar is strengthening as Africa is already being hit hard by rising inflation triggered by war in Ukraine. As dollar power increases, it is amplifying inflationary pressures across the continent, writes Jonathan Munemo. For more financial news, go to the News24 Business front page. The US dollar has been advancing rapidly in response to the Federal Reserve’s resolve to keep raising policy rates for longer to regain control of stubbornly high inflation. This has far-reaching consequences.
No justification for child sexual abuse
Letters to the Editor SEXUAL exploitation of little girls is on the rise. There have been cases of sexual exploitation of innocent girls in Epworth, Beitbridge, Chitungwiza and Hopley, to mention a few places. It is a shame that older men, who are looked up to in families, are turning into perpetrators. There can never be justification for older man to have sex with little girls. It’s rape. It’s criminal.
US dollar getting stronger: African countries have few policy options
Jonathan Munemo THE US dollar has been advancing rapidly in response to the Federal Reserve’s resolve to keep raising policy rates for longer to regain control of stubbornly high inflation. This has far reaching consequences. The US dollar is prominently used around the world as an international medium of exchange and as a global reserve currency. The dollar is strengthening as Africa is being hit hard by rising inflation triggered by war in Ukraine.
The US dollar is getting stronger: African countries are feeling the pain and have few policy options
The US dollar has been advancing rapidly in response to the Federal Reserve's resolve to keep raising policy rates for longer to regain control of stubbornly high inflation. This has far reaching consequences. The US dollar is prominently used around the world as an international medium of exchange and as a global reserve currency. The dollar is strengthening as Africa is already being hit hard by rising inflation triggered by war in Ukraine.
The US dollar is getting stronger: African countries are feeling the pain and have few policy options
The US dollar has been advancing rapidly in response to the Federal Reserve’s resolve to keep raising policy rates for longer to regain control of stubbornly high inflation. This has far reaching consequences. The US dollar is prominently used around the world as an international medium of exchange and as a global reserve currency. The dollar is strengthening as Africa is already being hit hard by rising inflation triggered by war in Ukraine.
Budget deficit, Mthuli skating on thin ice
Mthuli Ncube THE $4,5 trillion 2023 national budget presented by Finance minister Mthuli Ncube on Thursday has set tongues wagging. Firstly, $4,5 trillion is way above the $3,9 trillion projected revenue for 2023 by $600 000 billion. The problem starts the moment one considers how government plans to bridge this colossal gap between revenues and expenditure, which is called a budget deficit.
Africa risks losing out on trade ... as rich countries cement relationships with trusted partners
Over the past few years, the world’s supply chains have been strained and disrupted by the Covid-19 pandemic, Russia’s invasion of Ukraine, and rising geopolitical tensions. These started with the US-China trade war and then intensified following the war in Ukraine.
Jonathan Munemo - The Southern Eye
AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.
Africa Risks Losing Out On Trade As Rich Countries Cement Relationships With Trusted Partners
Africa Risks Losing Out On Trade As Rich Countries Cement Relationships With Trusted Partners analysis By Jonathan Munemo Over the past few years, the world's supply chains have been strained and disrupted by the COVID pandemic, Russia's invasion of Ukraine, and rising geopolitical tensions. These started with the US-China trade war and then intensified following the war in Ukraine.
Africa risks losing out on trade as rich countries cement relationships with trusted partners
Over the past few years, the world’s supply chains have been strained and disrupted by the COVID pandemic, Russia’s invasion of Ukraine, and rising geopolitical tensions. These started with the US-China trade war and then intensified following the war in Ukraine.
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