{"id":73506,"date":"2023-02-03T18:09:18","date_gmt":"2023-02-03T16:09:18","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/we-are-in-trouble-ceos-tell-government"},"modified":"2023-02-03T20:43:44","modified_gmt":"2023-02-03T18:43:44","slug":"we-are-in-trouble-ceos-tell-government","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/we-are-in-trouble-ceos-tell-government","title":{"rendered":"\u201cWe Are In Trouble\u201d, CEOs Tell Government"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>Captains of industry have warned that more companies will collapse if the government continues disrespecting market fundamentals.<\/p>\n

CEO Africa Roundtable board chairman Oswell Binha said markets are central in government decision-making. He said:<\/p>\n

These guys called CEOs are in trouble. The mortality rate of industry will continue. I don\u2019t know what the accountants are doing because we need to get the reports.<\/p>\n

And those financials need to be clear so that they are not qualified. In this current scenario, it\u2019s not clear where we are going.<\/p>\n

If the government is to sort this monetary lockjaw, fiscal lockjaw, markets are central in decision-making.<\/p>\n

To the Government, my advice is that it doesn\u2019t matter how much pronunciation you make. It doesn\u2019t matter how many mega deals you are signing.<\/p>\n

At the end of the day, the success of any monetary regime and fiscal regime is on the basis of respecting market fundamentals.<\/p>\n

It\u2019s important to understand that when you read more of arbitrage, more of cartels, more of cross-border crime, it\u2019s an indication of weaknesses of some of the institutions. And the government needs to respond to that.<\/p>\n

Zimbabwe is experiencing high inflation which has resulted in rising energy prices, currency volatility, and a liquidity crunch.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. Captains of industry have warned that more companies will collapse if the government continues disrespecting market fundamentals. CEO Africa Roundtable board chairman Oswell Binha said markets are central in government decision-making. He said: These guys called CEOs are in trouble. The mortality rate of industry will continue. I don\u2019t know what the […]<\/p>\n","protected":false},"author":84,"featured_media":73505,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,8,35,12],"tags":[1493,2189,10634,6836,11297,19],"class_list":{"0":"post-73506","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-head-lines","9":"category-homepage-english","10":"category-policy","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-captains-of-industry","14":"tag-ceo-africa-roundtable","15":"tag-oswell-binha","16":"tag-zimbabwe"},"yoast_head":"\n\u201cWe Are In Trouble\u201d, CEOs Tell Government - zimbabwe<\/title>\n<meta name=\"description\" content=\"Captains of industry have warned that more companies will collapse if the government continues disrespecting market fund ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/we-are-in-trouble-ceos-tell-government\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cWe Are In Trouble\u201d, CEOs Tell Government\" \/>\n<meta property=\"og:description\" content=\"Captains of industry have warned that more companies will collapse if the government continues disrespecting market fund ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/we-are-in-trouble-ceos-tell-government\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-03T16:09:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-03T18:43:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/02\/postQueueImg_1675435175.80.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"889\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/we-are-in-trouble-ceos-tell-government\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/we-are-in-trouble-ceos-tell-government\",\"name\":\"\u201cWe Are In Trouble\u201d, CEOs Tell Government - 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