Great Zimbabwe University Young Economists Forum

27/02/2019

20/06/2018

Lets talk about the economics of foreign direct investments. IS ANY POSITIVE AMOUNT OF FDI almost always good for a nation like ours?

14/06/2018

Zimbabwean prices are shockingly rising. what is the economic explanation and how can we stop the charade from the economic perspective.

10/03/2018

Economists who did the job 09/03/2018

26/02/2018

Hello Economists. we welcoming 2018 in style. Economists are taking a look at world Economic growth and the associated shocks. To want extend did the current world growth spured into your country. Are the current changes if any a result of internal policy shift or a general response to world fundamentals. if any policies are the causes lets here about them.

17/10/2017

3 445 GRADUATE AT SPECIAL GRADUATION CEREMONY
President Mugabe on Friday, 13 October 2017, capped 3 445 graduates at Great Zimbabwe University's colourful 11th graduation ceremony held at the university’s permanent site near Great Zimbabwe Monuments.
The graduates were drawn from the university’s five schools, namely: Robert Mugabe School of Education and Culture; Garry Magadzire School of Agricultural and Natural Sciences; Simon Muzenda School of Arts, Culture and Heritage Studies; Julius Nyerere School of Social Sciences and Munhumutapa School of Commerce.
In his address, Vice Chancellor Professor Rungano Zvobgo said the 11th graduation ceremony was a special one.
“We have come back to our natural home, here, right next to the Great Zimbabwe World Heritage site as assigned by Your Excellency. Today we graduate a total of 3 445 graduands, which is a whopping 902 percent from the 920 who graduated at the university’s inaugural graduation in 2012. The figure is also a 66 percent increase from the 2 078 who graduated in 2016,” said Professor Zvobgo.
Prof Zvobgo said the university was preparing to move its main campus from Masvingo Teacher’s College to the new site. He said challenges associated with any major developments next to a world heritage site were delaying construction work.
The Vice Chancellor said GZU had complied with the Ministry of Higher and Tertiary Education, Science and Technology Development's call to all Universities to establish faculties of Medicine, Technology, Engineering, Cultural and Heritage Studies.
He said the university acquired land and the construction of a School of Medicine had commenced, with the first enrolment expected in August next year. The university has also set its sights on establishing an agricultural and science research centre in Chivi District, where farmers will get skills in small-grain farming.
Among the graduates, 2 756 were undergraduates, while 689 were postgraduate students, with 43 percent of the graduates being female. Among the postgraduates, 44 percent were also female.

22/09/2017

Zimbabwe’s Finance Minister on Wednesday said the southern African nation would not be able pay $1.8 billion in arrears to the World Bank and African Development Bank (AfDB) until economic...

13/09/2017

Good morning family

I woke up this morning thinking about the fact that Zimbabwe more than half its population living below the poverty line. As few as 10% of the population are considered wealthy. The demography of these privileged few is a far cry from the representation of the make up of Zimbabwe communities.

I always marvel at social media commentators who maintain that our western friends brought us Civilization and without them Africa would have been condemned to eternal barbarism. One thing missing from this narrative is that Civilization equally came with poverty. Our friends brought their Civilization packaged in Colonialism which promoted the commodification of natural resources. Before we were Civilized and Colonized, we used to have enough animals and roots for food. I personally believe that even if we were never colonized, Africa was still going to experience Civilization - another topic for another day.

When our colonizers invaded us, they created a system that discriminated the indigenous people and denied them the right to participate in economic activities. They parceled fertile land to themselves, gave each other mining rights and even zoned their urban residential areas as more valuable. When education was formalized, they made sure that indigenous people are deprived of empowering education that includes research and critical thinking.

Come the democratic dispensation, the discriminatory systems have not been completely abolished. Globalization is increasing poverty in developing states. International investors have become the new sophisticated colonizers. Migration has left the local poor fighting for opportunities with economic refugees. This poverty cycle can only be broken by the reconfiguration of ownership of resources, creation of equal opportunities in economic activities, equipping local communities to identify and pursue business opportunities. This will call for symbiotic strategies amongst the Academia, Business Community, Civil Society and Government. This is a holistic socioeconomic transformation program which is capable of eradicating poverty in Africa.

12/09/2017

The Economist World Economic Forum Economics ສະຖາບັນ ເສດຖະກິດການເງິນ Institute of economics and finance

Among the recommendations of the 1974 World Population Conference in Bucharest was the elaboration of empirical and inductive demographic-economic models to assist in planning. 1 of the disadvantages of existing models and systems of national income accounting was that income distribution was ignored in favor of the total value of production. Demographic variables were not regarded as endogenous. By the early 1970s, the societal changes attendant on rural exodus and urban unemployment, the increasing absorption of traditional structures into the modern sector, and changes in the roles of women and young people had become obvious, and the need for new models that would reflect such changes was clear. Some macromodels designed to assist medium and long range planning were 1st elaborated in the mid 1970s; the Bachue development models were particularly promising because of their improved database. New models were developed which incorporated consumption problems based on basic needs. An increased focus on the interaction of macroeconomic variables with microsociological and demographic variables, the household and family, and employment and the labor market became necessary. The Bachue models, which had been the most successful of recent models in integrating economic and sociodemographic structures and variables, usually include 4 principal modules which cover demography and the educational system, the economy, employment, and income distribution; basic needs models include a 5th module. The Bachue models are based on a general equilibrium model subject to certain constraints, while the basic needs models are based on dynamic disequilibrium models. A major problem of the models is that technological progress is fundamentally exogenous; there is no intimate link between productivity and elevation of the educational level of the labor force. To avoid unmanageable complexity, households are reconstructed for each period on the basis of the demographic and economic data in the model.

12/09/2017

Economics World Economic Forum The Economist សាកលវិទ្យាល័យសេដ្ឋកិច្ចនិងហិរញ្ញវត្ថុ University of Economics and Finance
TODAY SHOW.
Among the recommendations of the 1974 World Population Conference in Bucharest was the elaboration of empirical and inductive demographic-economic models to assist in planning. 1 of the disadvantages of existing models and systems of national income accounting was that income distribution was ignored in favor of the total value of production. Demographic variables were not regarded as endogenous. By the early 1970s, the societal changes attendant on rural exodus and urban unemployment, the increasing absorption of traditional structures into the modern sector, and changes in the roles of women and young people had become obvious, and the need for new models that would reflect such changes was clear. Some macromodels designed to assist medium and long range planning were 1st elaborated in the mid 1970s; the Bachue development models were particularly promising because of their improved database. New models were developed which incorporated consumption problems based on basic needs. An increased focus on the interaction of macroeconomic variables with microsociological and demographic variables, the household and family, and employment and the labor market became necessary. The Bachue models, which had been the most successful of recent models in integrating economic and sociodemographic structures and variables, usually include 4 principal modules which cover demography and the educational system, the economy, employment, and income distribution; basic needs models include a 5th module. The Bachue models are based on a general equilibrium model subject to certain constraints, while the basic needs models are based on dynamic disequilibrium models. A major problem of the models is that technological progress is fundamentally exogenous; there is no intimate link between productivity and elevation of the educational level of the labor force. To avoid unmanageable complexity, households are reconstructed for each period on the basis of the demographic and economic data in the model.

30/08/2017

Afternoon, we have secured a bus to ferry students to attend Dr Munongo's Memorial Service (Mass) at 2:30 in Msvo.The bus will pick students at 1pm at Round About and LC.....The bus is strictly for the Mass and not for the trip to Zaka.

Thank you

Message from our Patron Mr R Sunge

29/08/2017

Good afternoon comrades family and friends.

29 /08 /2017

On behalf of Great Zimbabwe University Young Economists Forum (GZUYEF), it is with a great sense of shock and sadness that i do hereby express my deep sorrow over the passing on of our beloved lecturer Dr S. Munongo. Your passing on has left a void which will never be filled, your proffessionalism you always expressed through care and love with students will forever be missed.

Reveletions 14:13 And I heard a voice from heaven saying, "White this: blessed are the dead who die in the lord from now on, "Blessed indeed ", says the spirit, "that they may rest from their labors for their deeds follow them "

Tim 4:7 "He has fought a good fight, he finished the race, he kept the faith "

May his Soul Rest In Eternal Peace

Bernard Musukutwa.....GZUYEF Secretary General