Kevin Magaisa

author ,economist, businessmen, for a better Zimbabwe and a better tomorrow

[Kevin Magaisa @KevinMagaisa]

@News24 Stupid article

[Kevin Magaisa @KevinMagaisa]

@BYOpedigree @sholard_mancity At 8 percent economic growth l will take that who says the economy is not growing ??whats your case for no industrialization the problem last time is we had no foreign currency inflows not rainfall think before you talk if we dont produce we can import it

[Kevin Magaisa @KevinMagaisa]

@KMarazanye We are leading now forget the last

[Kevin Magaisa @KevinMagaisa]

@gwaPikisani @EkeShakwe @KMarazanye @ProfJNMoyo @samkebusiness @lashiasn @ibbosnr @rangamataire @waynegazov @JMaedzenge @Sarungano_1 But today tiriku tonga Oksalayo

[Kevin Magaisa @KevinMagaisa]

@RutendoN2 Nivea

[Kevin Magaisa @KevinMagaisa]

@mehlulisizwe Cook 😂😂😂

[Kevin Magaisa @KevinMagaisa]

@Savheya_Happie @grok what is Zimbabwe unemployment rate educate

[Kevin Magaisa @KevinMagaisa]

@PrinceOfMutasa @chashe @wicknellchivayo @MinisterMikeM @RealPeterNdlovu @DrGraceNMugabe @bellagushaz Peter ndlovu was there with Scotland FC he is the manager there

[Kevin Magaisa @KevinMagaisa]

@PhillipKaphaizi @cemambo @ChickenInnZW @ReserveBankZIM Also, that argument of monetary growth is high makes it sounds like money is everywhere Zig itself started from a low monetary base so as a aggregate when you increase a lot of something small you dont get a lot zig out there 1 billion and gdp is 56 billion

[Kevin Magaisa @KevinMagaisa]

@PhillipKaphaizi @cemambo @ChickenInnZW @ReserveBankZIM things you mentioned are still there IMTT, backlog in payments etc export retention why is they no inflation now ?Bond notes had a backdoor criminal element was printing money to burn on the streets which was stopped these are things you dnt learn in class

[Kevin Magaisa @KevinMagaisa]

@PhillipKaphaizi @cemambo @ChickenInnZW @ReserveBankZIM No no your missing the point entirely l am saying the option not to use cash is because of arbitrage not that money supply is not growing , in any case that figure your citing looks high because the currency started from a very low base

[Kevin Magaisa @KevinMagaisa]

@PhillipKaphaizi @cemambo @ChickenInnZW @ReserveBankZIM Notes are just too risky too many leakages

[Kevin Magaisa @KevinMagaisa]

@KevinMagaisa @cemambo @ChickenInnZW @ReserveBankZIM Different rates were caused by policy failures and inconsistencies. IMTT was a major reason. Delays in payment was another reason.

[Kevin Magaisa @KevinMagaisa]

@PhillipKaphaizi @cemambo @ChickenInnZW @ReserveBankZIM On the street such that physical cash ended up having a different exchange rate to electronic money, its this leakages that have been targeted and stopped to prevent an unofficial growth of money supply

[Kevin Magaisa @KevinMagaisa]

@PhillipKaphaizi @cemambo @ChickenInnZW @ReserveBankZIM Your talking about monetarism and monetary policy your off the mark we are talking about restoring the fundamentals so central bank can control the growth of money which is vital in controlling inflation they were cartels that were hording cash and selling it

[Kevin Magaisa @KevinMagaisa]

@PhillipKaphaizi @cemambo @ChickenInnZW @ReserveBankZIM 😂😂 obviously professor!! Zimbabwe is not a pefrect market physical cash has been leaking onto the streets for decades (black market) through dark unexplained channels its this illeagal unofficial unregulated uncontrollable money supply they are curtailin

[Kevin Magaisa @KevinMagaisa]

@_Tee__G Stop lying tsek

[Kevin Magaisa @KevinMagaisa]

@ViceroyHan @stats_wire Next year bro 2027