An adviser to government on the ease-of-doing business, Ashok Chakravarti, called for an investigation into the externalisation of funds, as it had emerged that US$5 billion could have been siphoned out of the country since dollarisation in 2009.
Sep 26
ZESA Secures 100 Megawatts From Mozambique
Chasi confirmed that he appointed economist Ashok Chakravarti as Chair of the interim ZESA board.
Sep 12
Advisory team for RBZ
Prosper Ndlovu, Business Editor FINANCE and Economic Development Minister, Professor Mthuli Ncube, has appointed a nine-member Monetary Policy Committee that will render an advisory role to the Reserve Bank of Zimbabwe (RBZ). The move is in keeping with global trends where monetary policy committees assist governments in stabilising the economy through devolved decision making in areas …
Sep 11
Zimbabwe establishes monetary policy committee in stability bid
The MPC members include Kumbirai Katsande, a former managing director of Nestle SA’s Zimbabwean unit, and Douglas Munatsi, the former chief executive officer of ABC Holdings, which owns lender BancABC. Also included are Eddie Cross, a former opposition politician, and Ashok Chakravarti, an economics professor at the University of Zimbabwe.
Aug 14
Zim needs 200 bureaux de change-Study
Economist, Professor Ashok Chakravarti says the need to licence more bureaux de change institutions will also create a platform for more foreign currency to be channelled in the formal systems for the benefit of the economy and strategic sectors
Jun 30
US$ ban piles pressure on employers
The government should channel its entire surplus towards cushioning workers in the face of rising costs and declining incomes, economist Ashok Chakravarti has said.
Jun 28
Don’t peg prices against USD: Experts
“Ever since we dollarised, everybody has been benchmarking against the US dollars,” said former University of Zimbabwe economics lecturer Professor Ashok Chakravarti.
Jun 25
Focus on stabilisation of exchange rate: Economist
PROMINENT economist and former Government advisor, Professor Ashok Chakravarti, says efforts should now be redirected at stabilising the exchange rate to protect the value of the Zimbabwean dollar and stimulate production.
May 11
RBZ: Sanctions have not affected Zim banking
Last week an economic advisor to Mnangagwa, Ashok Chakravarti told a conference in the US that he had faced problems wiring money for his child’s school fees studying in that country.
May 07
‘US sanctions cripple business growth in Zimbabwe’ – top economist
THE sanctions imposed on Zimbabwe by the West and its allies continue to frustrate the country’s efforts to achieve meaningful investment due to negative destination perception, prominent economist and former Government advisor, Professor Ashok Chakravarti, has said.