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‘Zim loses US$20bn through cartels’ The Zimbabwe Independent
TATIRA ZWINOIRA
Zimbabwe may have been prejudiced of US$20 billion over the years through corruption due to the acrid relationship between politics and economics that has seen the entrenchment of cartelism in the country.
According to a new report titled
Cartel Power and Dynamics in Zimbabwe by South Africa’s
Maverick Citizen, a supplement of the
Daily Maverick newspaper, Zimbabwe may be losing up to US$5 billion annually due to operations of the cartels that now run its politics and economy.
“Zimbabwe’s institutions for regulating property rights, law and finance have been ensnared, and are actively abused to facilitate rent-seeking by cartels. The study finds three types of cartels: the first being collusive relationships between private sector companies; the second being abuse of office by public officeholders for self-enrichment; and the third and main type being collusive rel
The Zimbabwe Independent
TATIRA ZWINOIRA
Zimbabwe may have been prejudiced of US$20 billion over the years through corruption due to the acrid relationship between politics and economics that has seen the entrenchment of cartelism in the country.
According to a new report titled
Cartel Power and Dynamics in Zimbabwe by South Africaâs
Maverick Citizen, a supplement of the
Daily Maverick newspaper, Zimbabwe may be losing up to US$5 billion annually due to operations of the cartels that now run its politics and economy.
âZimbabweâs institutions for regulating property rights, law and finance have been ensnared, and are actively abused to facilitate rent-seeking by cartels. The study finds three types of cartels: the first being collusive relationships between private sector companies; the second being abuse of office by public officeholders for self-enrichment; and the third and main type being collusive relationships between public officials and
US Reliance on the World To Escape an Economic Crisis – Watching America watchingamerica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watchingamerica.com Daily Mail and Mail on Sunday newspapers.
Depending on the state, the cost of a comfortable retirement varies from as little as $858,000 to as much as $1.5 million. Generally, states in the Northeast and the West tend to be more expensive places to retire, while those in the Midwest and South are less expensive.
It is important to note that these estimated costs are not a reflection of recommended retirement savings, as they do not account for any savings interest or investment income, nor do they account for retirement income, such as pensions or Social Security. In some parts of the country, state and local governments have relatively large budgets for these and other programs, reducing the financial burden of retirement on the individual.