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Taiwan is an island km from China, which means that it could theoretically defend itself from anything except Chinese nuclear weapons. Beijing is unlikely to use nukes on fellow Chinese people. Getting Chinese troops onto the island in sufficient numbers by seaborne landings and air-drops would be a military operation fraught with risk and fully prepared Taiwanese armed forces could conceivably defeat it.

However, they are not remotely prepared for that now. But other American officials have doubtless been breaking the bad news to the Taiwanese government as gently as possible. The low allocation is not in isolation, it follows a protracted decline stretching from the beginning of the current year.

Is this a big deal? Yes it is. The amount allocated per week is a reflection of supply, inasmuch as it may also reflect on demand. The overall picture points towards dwindling supply levels on the auction market. This is a worrying trend. The auction market is the main open market for the exchange of forex and if supply is dwindling there is high risk of market failure. However, there are many other factors at play which could be influencing the levels of auction market trades.

The government resolved to settle a portion of dues to its contractors in foreign currency and this allocation means the contractors do not have to come to the market directly. The resources which would otherwise have been directly traded on the market are exchanged via forex payments.

However, this reduces competitive bidding. The other reason why forex trades may be coming off on the auction market is the advent of gold coins. The government has set aside a forex allocation for the procurement of gold and the production of gold coins. This means that forex, which was meant to be supplied on the forex market is reduced on one hand and the local currency which was meant to bid forex on the respective market is partially redirected towards gold coins purchases.

There is partially a compensatory effect in terms of forex redirected and local currency redirected, for the purpose of gold coins purchase. However, much of the money chasing gold coins is institutional driven and most of it coming from pension funds, asset management firms, operating companies with high levels of cash holdings.

This group of spenders are not typical auction market participants and thus the compensatory effect is only in part. If it is true that a significant portion of the coins will be snapped up by investment related entities who are not necessarily auction market participants, it would follow that the demand for forex either on the auction or parallel market will remain high.

The decline in weekly allocation comes on the backdrop of a huge leap in forex earnings as measured by exports by value. It would be expected that if inflows swell, all else being equal, supply of forex on the market will increase rather than decrease. However, this justifies the earlier assertion that flows are being channelled elsewhere as the government attempts to circumvent the drastic depreciation of the local currency.

The panacea to a depreciating currency is removal of censures on the currency market. The currency market needs to be fully liberalised. The only possible reason why the government is not willing to fully liberalise the market is because it may not trust itself with money supply.

The government, as we have known it, has the propensity to issue currency and borrow in an extraordinary way, such that money supply will blow out of proportion. The price the government pays for retaining a grip on the auction market is the huge parallel market premiums and the inflation, which follows a weakening currency. Here are some travel tips for those who are lucky enough to travel during the holidays.

I prefer staying at home with family and friends and then travel when it is not busy on the roads. It works on my blood pressure to queue up for everything and anything. If I can avoid it I would rather relax at home. A number of times I have heard some people especially females say we have to go away because it is a holiday.

No you do not have to. You have to go away because you have to. But again never try and understand the fairer sex, just do as they want and you will be in good books for life.

There is no doubt that holidays are a time of great joy, but it can be a time of great peril as well. With more people on the road than during many other times of the year, probability of accidents is too high.

In order to make it to and from your destination safely and prevent road traffic injuries, here are some basic holiday driving tips. Holiday driving can be hard on your vehicle. Your vehicle uses more fuel and other chemicals to continue running and keeping occupants cool. Heat can be tough on tyres. During all the running around that takes place during the holidays, it is easy to forget errands like oil changes and replacing worn brake pads. But do not make the mistake of putting these items off; an ounce of prevention is worth a pound of cure when it comes to holiday travel car safety.

My Nissan Hardbody once broke down between Harare and Masvingo all because I had not changed oil for a very long time. Leave early Planning your journey means you are in control of most facets of the trip.

You do not want a chaotic trip like from the movie Are we there yet, where there is one challenge after another. Avoid getting into an accident related to traffic jams or impatient drivers on the road by leaving plenty of time to get to your destination.

Whether it is a trip to Cape Town or Nyanga, remember that many other people will need to get to the same places you do, and all are in a hurry.

Leaving earlier than you need to can be a sound investment in your life and health during the holidays. Watch Carefully Many individuals choose holidays to overindulge in alcohol, or they can be sleep-deprived due to the stress of the season.

Likewise, make sure that if you are drinking alcohol at a party, or think you are too tired to drive home, designate someone to transport you. There is no reason to risk a run-in with the cops. I know in Zimbabwe we now hardly have speed traps but who knows the cops might surprise you one of these days resulting in a lengthy delay or worse. Speeding is not the only sort of traffic citation cops write, so be doubly cautious.

Some practices you might take for granted at home, overtaking on the shoulders of the road, are illegal. Just because you get away with a lot of illegalities, holiday times might change that for the cops will be on the roads. Change the oil and buy new tyres If you are going on a cross-country trip and you are 1 kilometres away from your next scheduled oil change, go ahead and get it done early. You will probably get a better deal at home than trying to have the service performed on the road.

Either choice is probably better than putting it off until you get return. Similar advice on the tyres: If they are close to the end of their useful tread life, replace them. Nothing screws up a road trip more than getting in an accident, and having good tyres improves handling and braking performance more than any other factor. Set your tyre pressure Most people are driving around on underinflated tyres, sacrificing a km or in some conditions, more per litre in fuel economy.

Inflate your tyres to the pressure recommended by the manufacturer, and do it when the tyres are cold. Air pressure can increase by several pounds per square inch as the tyres heat up.

Use a real tyre pressure gauge, not the one built into the air hose. Besides maximising fuel economy, correctly inflated tyres will improve handling and are more resistant to punctures. Plan your route Whether you are on GPS or not, there is a wealth of information available online about your route. There are also applications of this sort available for mobile devices, including GPS units and smart phones. Regardless of which method you use, the information is there for the taking and can help prevent wasting time in traffic.

Adjust your seat to the right position to make it comfortable for longer periods of time. Have the entertainment items — movies, audio books, games, art supplies — most useful to the kids on hand and where they can be easily reached. Put snacks and water bottles where the driver and passengers can easily reach them. At every stop, take a look around the cabin of the vehicle.

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This amount is on the low side to be able to shift or control the market. So small that the market can be cornered and manipulated, which explain why the RBZ indicated that another batch of the coins was due for release. When a market is thin and shallow, it becomes a heaven for financial gymnastics and mecca for speculating. The market has to be widened and deepened by introducing more coins of smaller denominations to attract more participants as currently a majority of working Zimbabweans are excluded from directly participating in the gold coin market.

This partly defeats the purpose of the gold coins. As can be expected, unfortunately, there are a few misconceptions about the coins. This is not the case as the buying and selling system, mechanics, terms and conditions make arbitrage virtually impossible.

The gold coin is an investment opportunity to hedge against inflation, store value and diversify risk for medium- to long-term investors, not speculation free for all.

In financial markets, arbitrage happens when a market participant makes profits without being exposed to risk. Profit is normally a result of one taking some risk and reward of being a risk taker. So for arbitrage to happen you need to simultaneously buy and sell the gold coins, resulting in locking entry price and exit price ensuring that the price cannot shift whilst the transaction is being executed.

Simultaneously buying and selling an asset ensures there is no risk in price movements, assuming the buyer and seller both honour their obligations. Now coming to gold coins, such arbitrage opportunity does not exist as there is a mandatory holding period of days, in which, you have to hold on to the gold coins once you buy them.

So you cannot buy the gold coins today and sell them next week even if there was a ready buyer. The additional requirements, such as know your customer KYC make speculating and financial gymnastics less likely as the issuing authority can easily trace, who is holding the coins.

This is critical in generating market confidence and market goodwill, which is required to enhance the attractiveness of gold coins as high quality asset desirable for any serious portfolio manager, in addition to the general public, who may have excess liquidity to invest. The gold coins are ideal for medium to long-term investors, who are seeking to diversify their portfolios and hedge against inflation.

The gold coins have prescribed asset status, which means they will be highly sought after by pension funds, insurance and assurance companies. This means these financial market players now have a wider choice to reach their compliance levels by investing in gold coins. Whilst the amount released is relatively small, what is more important is the idea and concept being introduced by the RBZ.

The linking of gold to currency pushes the country towards the Gold Standard. The Gold Standard implies that a currency can be readily exchanged for gold worth the amount of currency involved. This is exactly what the RBZ has introduced albeit at a very limited scale and without directly announcing it. It goes without saying that the RBZ, ministries of Finance and Economic Development and Mines and Mining Development need to come up with proper sustainable structure to mine and build significant gold reserves as previously most gold was being exported.

A currency that is linked to a highly valuable commodity is stable and is expected to outperform just paper money, which is not directly backed by a valuable commodity. The Russian rouble is a ready example of what happens when a currency is directly linked to a valuable commodity.

If the gold coins are released in sufficient quantities on a sustainable basis, then the local currency should stabilise. This will reverse the trend, whereby holders of ZWL flee to the USD safety as there are no other ready acceptable alternatives. If done sustainably and at the correct scale, this effectively means Zimbabwe will be running a Gold Standard currency as opposed to Fiat money, which is effectively paper money backed by nothing much except a promise to pay by the Central Bank.

The RBZ needs to fine tune the mechanics around it such that the market is wide and deep enough to stabilise the local currency. A long road ahead with the usual humps and bumps! The idea behind the Gold Standard is that all the currency issued is backed by actual and real gold stored owned and controlled by the issuing Authority where. The central bank would therefore be limited from printing excess money as it is limited by the amount of gold in its reserves.

This helps to limit and avoid inflation and hyperinflation, which are phenomena driven by excessive money printing beyond the production capacity available. As a result that currency exchange is closely related to gold as such its value and worth is stable and predictable. This is what the RBZ is pushing towards. It remains to be seen how determined the authorities are to see this vision through. In this piece I will explore how this can be done in the local governance space to position the country on a trajectory of sustainable socio-economic growth and political stability.

Importance of loca lgovernamce Having defined local governance as that sphere of interaction of policies, decisions and actions that happen at the most basic level of social and political organisation, it is also critical to then show its importance within the realm of economic development and social transformation.

Ishwor Thapha in an article Local Government: Concept, Roles and Importance for Contemporary Society July , defines local government as a relatively autonomous multi-purpose institution, providing a range of services with tax raising capacity. Local government is not only important, but imperative to locate local governance in the economic and social evolution of a nation state, especially a developmental state, such as Zimbabwe aspires to be.

Local governance is important in the sustainable economic growth and development of any given polity for the following reasons:. It is that sphere of governance that is close to the people. This is in theory anyway, because geographical proximity may not necessarily translate into actual access. The local government tier or structure provides essential services to citizens on a day-to-day basis or ideally is meant to provide critical services, such as clean water, sewer reticulation, refuse collection, street lighting, roads and other essential services.

It is the basis of a thriving democracy as people are able to make decisions about issues that affect their lives on a daily basis. I would like to argue that in the absence of well-defined local governance architecture, economic growth and social transformation can be stunted. We must as Zimbabweans rethink and reimagine our local governance landscape, correctly positioning it as an enabler of economic growth and development and ultimately a qualitative improvement in the standards of living of ordinary Zimbabweans and indeed corporate citizens.

Assuming that our collective desire as a nation is a country epitomised by sustainable economic growth, development, access to basic services for citizens and increased incomes leading to quality standard of living, it is imperative to then position local governance in this equation. Ease of doing business has been a central tenet in policy-making in Zimbabwe for over 20 years.

Ease of doing business facilitates growth of economies through easier access to permits and licences for investors. Centralisation has inhibited processes and procedures which facilitate ease of doing business and this is largely due to the fact that local tiers of government, such as local government are plagued with a multiplicity of bottlenecks, such as but not limited to:.

Our quest for devolution of power to the lower tiers of government namely provincial and local government must take into cognisance that devolution is not an end in itself but a means to an end.

We must rethink or re-imagine why we want devolution and what it will achieve. Section of the Constitution is a great place to start in that it outlines the following devolution imperatives:. To transfer the responsibilities and resources from the national government in order to provide solid provincial economies; and. Indeed, this framework provided by the Constitution is a good place to start in re-imagining devolution as a tool of:.

Giving the powers of local governance to the people. What does this look like? What does this mean? How can we imagine these powers and how will they be manifested in statutes of law? How will communities manage their own affairs? How will this contribute to economic growth, equity and inclusiveness? A new legal framework has to be thought through and formulated, principally an enabling devolution Act. Also key is aligning other Acts of parliament with the desired decentralised and devolved dispensation.

Rethinking development planning The Traditional Leaders Act and the Rural District Councils Act create a framework for development planning from village to district level. In theory, development planning begins at village level through the village development committees Vidcos , which are chaired by village heads and these plans are then taken to the village assembly, which is a broader space chaired by the village head again.

Village plans then proceed to the ward development committee Wadco , chaired by the councillor before going to the ward assembly, which is chaired by the headman. Ward plans are then taken to the rural district development committee consisting of line ministries, specific councillors and heads of departments before going to the rural district council.

This development process whilst being fairly good needs to be rethought and the following changes roped in:. Village development committees and assemblies should have elected chairpersons. Once most village heads are male it means virtually almost all Vidcos will be headed by men, which is a clear negation of the leave-no-one-behind principle seeing that women will be excluded. A clear planning template must be provided for village and ward plans.

Currently an individual sitting under a tree can draw up a village plan because there is no template. Capacity and roles of Vidcos and Wadcos — a lot of village development committees have become appendages of the ruling party instead of being agents of development.

Videos and Wadcos must be trained on their roles and responsibilities so that they deliver their development role. De-dualisation of rural local governance — traditional leaders and councillors are often at loggerheads in the local development planning process because their respective roles are not well understood. This is accentuated by the fact that at district level there is a District Development Coordinator, formerly District Administrator and Chief Executive Officer who again clash a lot of times thus affecting local development.

However, economic analyst Victor Bhoroma said this does little to help the workers in both the civil service and private sector as disposable incomes were being eroded by inflation. Economist Alice Chenjerai said revenue enhancement measures were critical as the economy was still recovering from the Covid related stress. She said any such measures, particularly through taxation, must be carefully calibrated to ensure that they do not create any disincentives against investment, consumption and production process.

It means the tax rate is increased in line with the growth rate of nominal GDP. This royalty rate will also apply to the lithium sector. Bhoroma said by reviewing the platinum royalty rate, the government was looking at extra revenue streams in line with regional practices on taxing the extractive sector.

Dhlamini said the rebate on equipment for scientific research was welcome given that most tertiary institutions have innovation as part of their core mandate. Bhoroma said the move would spur scientific research in the country considering the fact that Zimbabwe has very limited investment in research and development.

Ncube also provided Vat registered operators with the option to pay duty in foreign currency to facilitate offsetting of output and input tax in the same currency. According to Bhoroma, this was largely expected because the Treasury is looking at improving its foreign currency coffers and meet core and non-core expenditure. However, he said, this calls for the government to institute a free market-determined rate on foreign exchange to ensure that businesses are not indirectly taxed due to exchange rate disparities that lead to foreign exchange losses.

Dhlamini said this will aid the accounting of transactions for most companies by giving them that particular option. It makes accounting and reporting on financial statements easier.

Economist Justice Dzama said the issue of incorporating the US dollar component in the Vat of retailers would enable the government to collect the US dollar component from the shops without tax evasion. Our business reporter Tanyaradzwa Nhari TN spoke to Muchanyuka on various issues including the tasks and challenges she faces in her new role. Below are excerpts:.

Working for airlines gave me the opportunity to sit in leadership positions of the Tourism Business Council of Zimbabwe TBCZ where I became the president of the organisation. To break this down, we are faced with the need to promote domestic tourism, increase regional receipts as well as to prioritise Mice meetings, incentives, conferences and exhibitions tourism.

TN: Which areas do you think require immediate attention in the tourism industry? WM: To work with enabling sectors, especially on accessibility. A destination that is not accessible becomes difficult to promote and is less appealing to potential tourists. It is therefore critical that our road and air networks talk to the needs of tourism for both the local and international visitor.

The sector has been recovering well as evidenced by the performance of the first quarter, compared to the last 24 months.

It is now hard to imagine a time when a fax was considered the height of sophistication or a pager was the only way to reach someone when they were out of the office.

Due to technology, letter writing may have dwindled substantially worldwide over the years but billions of people are participating in the written word in the electronic form as never before, says the inventor of email V A Shiva Ayyadurai.

Email has explosively supported the growth of letter writing globally. Today, unlike some decades ago, where penning letters was limited to the few who could afford education, billions are now writing letters in electronic form. In fact, I believe what is going on is that people are realising that you use short messaging, like texting, SMS, chat, Twitter , etc. Email did precisely what I predicted, back in ; it took over the postal mail process and system of writing letters.

Mumbai-born Ayyadurai has a book The Email Revolution: Unleashing the Power to Connect, published by Allworth Press, in which he demonstrates how organisations can realise the infinite potential of email to strengthen their brands and reach their audiences in incredibly creative ways.

According to the author, email was designed for formal business communication, and as long as we participate in business, email will be here. He realised that email, if adopted widely, beyond its value economically and productivity-wise, would also have immense social implications. He, however, regrets that the postal service of the US in did not heed his advice and embrace email, to become a provider of an email service such as Gmail or Hotmail.

They all confused short messaging and community messaging with formal messaging. Email is not texting. Ayyadurai believes another smart kid can definitely create another more convenient mode of communication. Email has had a profound impact on society through how humans communicate.

It has drastically reduced the use of traditional mail. Think about it, it is usually the first piece of information you hand over to a new acquaintance or business.

Think of all the things you need an email address for. Try setting up an Instagram account, ordering something online or applying for a job without one.

It shows that neglecting the potentially transformative role of high knowledge-intensive services, such as information and communications technology services and financial services, is among the key reasons why export diversification remains a challenge in Africa. Unctad recommends that for export diversification strategies to be impactful in Africa, policies need to be in place that enhance inclusive access to innovative financing technologies, including for small-and-medium-sized enterprises.

Leveraging high knowledge-intensive services to increase productivity and improve competitiveness in the private sector will be key to achieving higher value-added diversification and growth under the AfCFTA. While some countries have added new product lines to their export basket, insufficient progress has been made in steering the industrial sector into high-value-added manufactured goods that are key to successful sector growth and effective integration into the high-value segments of regional and global value chains.

In addition, such trade is comprised mainly of traditional services, such as transport, suggesting limited access to a variety of fundamental competitive services inputs from within the continent. Exporting firms, particularly new entrants and small-scale ones, need to secure external financing to cover the high costs of entering export markets.

Deeper integration in these areas would help build fair and efficient markets, improve competitiveness, and attract even more FDI by reducing the risks of shifting regulations and policies.

To maximise its benefits, the first step will be to conclude planned negotiations on investment, e-commerce and intellectual property. Now they have gone a step further by investing in the future of Zimbabwean rugby by unveiling a sponsorship package for the Junior Sables. We were watching when they were playing in the Barthes Cup in Kenya.

He highlighted the positives which came from the qualifiers that include the move by local rugby players to French clubs on professional contracts after they impressed during the qualifiers. As money experts, we strive to do good. The high-profile tournament will give an opportunity for the participating teams to prepare for the World Rugby U20 Championship next year. The Junior Sables, who are the reigning African champions after winning the Rugby Africa Under Barthes Trophy in Kenya early this year, will be competing in the tourney which features the hosts Canada, Chile, and Uruguay.

The United States Speaker of the House of Representatives has long supported Taiwan and she will be aware that both the government and the people are in need of some reassurance at the moment. The likelihood of a Chinese invasion of Taiwan is rising and the prospect of direct US military support in that event is falling.

Pelosi is not a military strategist, but she cannot have failed to notice the changing tone of the military briefings she gets on the subject from the US Navy and Air Force. They can no longer guarantee that they would prevail in a war fought 12 km from home to thwart a Chinese invasion of Taiwan. This used to be just a device to get around the awkward contradiction between recognising the Communist regime in Beijing and protecting the separate existence of the island state of Taiwan — but everybody assumed that the US would fight for that if necessary.

Now strategic ambiguity is mostly a way to disguise the fact that Washington would probably not intervene directly to stop a Chinese invasion of Taiwan. China has accumulated so many ballistic and cruise missiles along its east coast that the US Navy is reluctant to risk its carriers in those waters in wartime, and only one air base within range of Taiwan is available for USAF strike aircraft.

Beyond these tactical and operational considerations, there is the immense strategic fact that neither China nor the US wants to risk a nuclear war.

However, China might be able to conquer Taiwan without resorting to nuclear weapons. Well, if the Taiwanese are still standing after three weeks and the Chinese military turn out to be another paper tiger, maybe then he would send help. Taiwan is an island km from China, which means that it could theoretically defend itself from anything except Chinese nuclear weapons.

Beijing is unlikely to use nukes on fellow Chinese people. Getting Chinese troops onto the island in sufficient numbers by seaborne landings and air-drops would be a military operation fraught with risk and fully prepared Taiwanese armed forces could conceivably defeat it. However, they are not remotely prepared for that now. But other American officials have doubtless been breaking the bad news to the Taiwanese government as gently as possible. The low allocation is not in isolation, it follows a protracted decline stretching from the beginning of the current year.

Is this a big deal? Yes it is. The amount allocated per week is a reflection of supply, inasmuch as it may also reflect on demand. The overall picture points towards dwindling supply levels on the auction market. This is a worrying trend. The auction market is the main open market for the exchange of forex and if supply is dwindling there is high risk of market failure.

However, there are many other factors at play which could be influencing the levels of auction market trades. The government resolved to settle a portion of dues to its contractors in foreign currency and this allocation means the contractors do not have to come to the market directly. The resources which would otherwise have been directly traded on the market are exchanged via forex payments.

However, this reduces competitive bidding. The other reason why forex trades may be coming off on the auction market is the advent of gold coins. The government has set aside a forex allocation for the procurement of gold and the production of gold coins. This means that forex, which was meant to be supplied on the forex market is reduced on one hand and the local currency which was meant to bid forex on the respective market is partially redirected towards gold coins purchases.

There is partially a compensatory effect in terms of forex redirected and local currency redirected, for the purpose of gold coins purchase. However, much of the money chasing gold coins is institutional driven and most of it coming from pension funds, asset management firms, operating companies with high levels of cash holdings. This group of spenders are not typical auction market participants and thus the compensatory effect is only in part. If it is true that a significant portion of the coins will be snapped up by investment related entities who are not necessarily auction market participants, it would follow that the demand for forex either on the auction or parallel market will remain high.

The decline in weekly allocation comes on the backdrop of a huge leap in forex earnings as measured by exports by value. It would be expected that if inflows swell, all else being equal, supply of forex on the market will increase rather than decrease. However, this justifies the earlier assertion that flows are being channelled elsewhere as the government attempts to circumvent the drastic depreciation of the local currency.

The panacea to a depreciating currency is removal of censures on the currency market. The currency market needs to be fully liberalised. The only possible reason why the government is not willing to fully liberalise the market is because it may not trust itself with money supply. The government, as we have known it, has the propensity to issue currency and borrow in an extraordinary way, such that money supply will blow out of proportion.

The price the government pays for retaining a grip on the auction market is the huge parallel market premiums and the inflation, which follows a weakening currency. Here are some travel tips for those who are lucky enough to travel during the holidays.

I prefer staying at home with family and friends and then travel when it is not busy on the roads. It works on my blood pressure to queue up for everything and anything. If I can avoid it I would rather relax at home. A number of times I have heard some people especially females say we have to go away because it is a holiday.

No you do not have to. You have to go away because you have to. But again never try and understand the fairer sex, just do as they want and you will be in good books for life. There is no doubt that holidays are a time of great joy, but it can be a time of great peril as well.

With more people on the road than during many other times of the year, probability of accidents is too high. In order to make it to and from your destination safely and prevent road traffic injuries, here are some basic holiday driving tips. Holiday driving can be hard on your vehicle. Your vehicle uses more fuel and other chemicals to continue running and keeping occupants cool.

Heat can be tough on tyres. During all the running around that takes place during the holidays, it is easy to forget errands like oil changes and replacing worn brake pads.

But do not make the mistake of putting these items off; an ounce of prevention is worth a pound of cure when it comes to holiday travel car safety. My Nissan Hardbody once broke down between Harare and Masvingo all because I had not changed oil for a very long time. Leave early Planning your journey means you are in control of most facets of the trip.

You do not want a chaotic trip like from the movie Are we there yet, where there is one challenge after another. Avoid getting into an accident related to traffic jams or impatient drivers on the road by leaving plenty of time to get to your destination. Whether it is a trip to Cape Town or Nyanga, remember that many other people will need to get to the same places you do, and all are in a hurry. Leaving earlier than you need to can be a sound investment in your life and health during the holidays.

Watch Carefully Many individuals choose holidays to overindulge in alcohol, or they can be sleep-deprived due to the stress of the season. Likewise, make sure that if you are drinking alcohol at a party, or think you are too tired to drive home, designate someone to transport you. There is no reason to risk a run-in with the cops. I know in Zimbabwe we now hardly have speed traps but who knows the cops might surprise you one of these days resulting in a lengthy delay or worse.

 
 

 

Video Copilot Optical Flares Complete Package Free Download.Video copilot optical flares full version free free

 

It is full offline installer standalone setup of Video Copilot Optical Flares. Video Copilot Optical Flares Complete Package is a plug-in used for designing as well as animating the realistic lens flare in After Effects. You can easily build, edit as well as customize the Lens Flares with some impressive speed and simplicity. You can easily rename as well as rearrange the objects and you can also show BG in the Preview window.

Video Copilot Optical Flares Complete Package comes in very handy for creating impressive 3D animation, music videos, graphic transitions, compositing and for special effects. You can easily add the final touches to the Motion Graphics. You can also simulate Concert ir the Stadium lighting.

You can also build virtual Light Array for the music videos. All in all Video Copilot Optical Flares Complete Package is an imposing application used for designing as well as animating the realistic lens flare in After Effects. You can also download Digital Film tools Rays Plugin. This would be compatible with both 32 bit and 64 bit windows. Get Into PC. Follow Us. Copyright GetIntoPC.

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Neat Video is a video noise reduction plug-in for After Effects. The plug-in efficiently reduces random noise, film gain, analog interference, flicker, jitter of details and compression artifacts. Neat video includes adaptive spatial and temporal filters that together provide the most accurate video noise reduction currently available. Rowbyte develops software programs that help artists create beautiful Motion Graphics and realistic Visual Effects. Read story Video Copilot Element 3D 1.

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Element 3d v2 2 license file. Views: 2, Also, element 3d v2 2 crack free download from this site for free. Is this a big deal? Yes it is. The amount allocated per week is a reflection of supply, inasmuch as it may also reflect on demand. The overall picture points towards dwindling supply levels on the auction market. This is a worrying trend. The auction market is the main open market for the exchange of forex and if supply is dwindling there is high risk of market failure.

However, there are many other factors at play which could be influencing the levels of auction market trades. The government resolved to settle a portion of dues to its contractors in foreign currency and this allocation means the contractors do not have to come to the market directly. The resources which would otherwise have been directly traded on the market are exchanged via forex payments.

However, this reduces competitive bidding. The other reason why forex trades may be coming off on the auction market is the advent of gold coins. The government has set aside a forex allocation for the procurement of gold and the production of gold coins. This means that forex, which was meant to be supplied on the forex market is reduced on one hand and the local currency which was meant to bid forex on the respective market is partially redirected towards gold coins purchases.

There is partially a compensatory effect in terms of forex redirected and local currency redirected, for the purpose of gold coins purchase.

However, much of the money chasing gold coins is institutional driven and most of it coming from pension funds, asset management firms, operating companies with high levels of cash holdings. This group of spenders are not typical auction market participants and thus the compensatory effect is only in part.

If it is true that a significant portion of the coins will be snapped up by investment related entities who are not necessarily auction market participants, it would follow that the demand for forex either on the auction or parallel market will remain high. The decline in weekly allocation comes on the backdrop of a huge leap in forex earnings as measured by exports by value.

It would be expected that if inflows swell, all else being equal, supply of forex on the market will increase rather than decrease. However, this justifies the earlier assertion that flows are being channelled elsewhere as the government attempts to circumvent the drastic depreciation of the local currency. The panacea to a depreciating currency is removal of censures on the currency market.

The currency market needs to be fully liberalised. The only possible reason why the government is not willing to fully liberalise the market is because it may not trust itself with money supply. The government, as we have known it, has the propensity to issue currency and borrow in an extraordinary way, such that money supply will blow out of proportion. The price the government pays for retaining a grip on the auction market is the huge parallel market premiums and the inflation, which follows a weakening currency.

Here are some travel tips for those who are lucky enough to travel during the holidays. I prefer staying at home with family and friends and then travel when it is not busy on the roads. It works on my blood pressure to queue up for everything and anything. If I can avoid it I would rather relax at home. A number of times I have heard some people especially females say we have to go away because it is a holiday.

No you do not have to. You have to go away because you have to. But again never try and understand the fairer sex, just do as they want and you will be in good books for life.

There is no doubt that holidays are a time of great joy, but it can be a time of great peril as well. With more people on the road than during many other times of the year, probability of accidents is too high. In order to make it to and from your destination safely and prevent road traffic injuries, here are some basic holiday driving tips.

Holiday driving can be hard on your vehicle. Your vehicle uses more fuel and other chemicals to continue running and keeping occupants cool. Heat can be tough on tyres. During all the running around that takes place during the holidays, it is easy to forget errands like oil changes and replacing worn brake pads.

But do not make the mistake of putting these items off; an ounce of prevention is worth a pound of cure when it comes to holiday travel car safety. My Nissan Hardbody once broke down between Harare and Masvingo all because I had not changed oil for a very long time. Leave early Planning your journey means you are in control of most facets of the trip. You do not want a chaotic trip like from the movie Are we there yet, where there is one challenge after another.

Avoid getting into an accident related to traffic jams or impatient drivers on the road by leaving plenty of time to get to your destination. Whether it is a trip to Cape Town or Nyanga, remember that many other people will need to get to the same places you do, and all are in a hurry. Leaving earlier than you need to can be a sound investment in your life and health during the holidays.

Watch Carefully Many individuals choose holidays to overindulge in alcohol, or they can be sleep-deprived due to the stress of the season. Likewise, make sure that if you are drinking alcohol at a party, or think you are too tired to drive home, designate someone to transport you. There is no reason to risk a run-in with the cops. I know in Zimbabwe we now hardly have speed traps but who knows the cops might surprise you one of these days resulting in a lengthy delay or worse. Speeding is not the only sort of traffic citation cops write, so be doubly cautious.

Some practices you might take for granted at home, overtaking on the shoulders of the road, are illegal. Just because you get away with a lot of illegalities, holiday times might change that for the cops will be on the roads.

Change the oil and buy new tyres If you are going on a cross-country trip and you are 1 kilometres away from your next scheduled oil change, go ahead and get it done early. You will probably get a better deal at home than trying to have the service performed on the road. Either choice is probably better than putting it off until you get return. Similar advice on the tyres: If they are close to the end of their useful tread life, replace them.

Nothing screws up a road trip more than getting in an accident, and having good tyres improves handling and braking performance more than any other factor. Set your tyre pressure Most people are driving around on underinflated tyres, sacrificing a km or in some conditions, more per litre in fuel economy. Inflate your tyres to the pressure recommended by the manufacturer, and do it when the tyres are cold.

Air pressure can increase by several pounds per square inch as the tyres heat up. Use a real tyre pressure gauge, not the one built into the air hose.

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How can we imagine these powers and how will they be manifested in statutes of law? How will communities manage their own affairs? How will this contribute to economic growth, equity and inclusiveness? A new legal framework has to be thought through and formulated, principally an enabling devolution Act.

Also key is aligning other Acts of parliament with the desired decentralised and devolved dispensation. Rethinking development planning The Traditional Leaders Act and the Rural District Councils Act create a framework for development planning from village to district level.

In theory, development planning begins at village level through the village development committees Vidcos , which are chaired by village heads and these plans are then taken to the village assembly, which is a broader space chaired by the village head again. Village plans then proceed to the ward development committee Wadco , chaired by the councillor before going to the ward assembly, which is chaired by the headman. Ward plans are then taken to the rural district development committee consisting of line ministries, specific councillors and heads of departments before going to the rural district council.

This development process whilst being fairly good needs to be rethought and the following changes roped in:. Village development committees and assemblies should have elected chairpersons. Once most village heads are male it means virtually almost all Vidcos will be headed by men, which is a clear negation of the leave-no-one-behind principle seeing that women will be excluded.

A clear planning template must be provided for village and ward plans. Currently an individual sitting under a tree can draw up a village plan because there is no template. Capacity and roles of Vidcos and Wadcos — a lot of village development committees have become appendages of the ruling party instead of being agents of development. Videos and Wadcos must be trained on their roles and responsibilities so that they deliver their development role.

De-dualisation of rural local governance — traditional leaders and councillors are often at loggerheads in the local development planning process because their respective roles are not well understood.

This is accentuated by the fact that at district level there is a District Development Coordinator, formerly District Administrator and Chief Executive Officer who again clash a lot of times thus affecting local development. However, economic analyst Victor Bhoroma said this does little to help the workers in both the civil service and private sector as disposable incomes were being eroded by inflation.

Economist Alice Chenjerai said revenue enhancement measures were critical as the economy was still recovering from the Covid related stress. She said any such measures, particularly through taxation, must be carefully calibrated to ensure that they do not create any disincentives against investment, consumption and production process.

It means the tax rate is increased in line with the growth rate of nominal GDP. This royalty rate will also apply to the lithium sector. Bhoroma said by reviewing the platinum royalty rate, the government was looking at extra revenue streams in line with regional practices on taxing the extractive sector.

Dhlamini said the rebate on equipment for scientific research was welcome given that most tertiary institutions have innovation as part of their core mandate. Bhoroma said the move would spur scientific research in the country considering the fact that Zimbabwe has very limited investment in research and development. Ncube also provided Vat registered operators with the option to pay duty in foreign currency to facilitate offsetting of output and input tax in the same currency.

According to Bhoroma, this was largely expected because the Treasury is looking at improving its foreign currency coffers and meet core and non-core expenditure. However, he said, this calls for the government to institute a free market-determined rate on foreign exchange to ensure that businesses are not indirectly taxed due to exchange rate disparities that lead to foreign exchange losses.

Dhlamini said this will aid the accounting of transactions for most companies by giving them that particular option. It makes accounting and reporting on financial statements easier. Economist Justice Dzama said the issue of incorporating the US dollar component in the Vat of retailers would enable the government to collect the US dollar component from the shops without tax evasion.

Our business reporter Tanyaradzwa Nhari TN spoke to Muchanyuka on various issues including the tasks and challenges she faces in her new role. Below are excerpts:. Working for airlines gave me the opportunity to sit in leadership positions of the Tourism Business Council of Zimbabwe TBCZ where I became the president of the organisation.

To break this down, we are faced with the need to promote domestic tourism, increase regional receipts as well as to prioritise Mice meetings, incentives, conferences and exhibitions tourism.

TN: Which areas do you think require immediate attention in the tourism industry? WM: To work with enabling sectors, especially on accessibility. A destination that is not accessible becomes difficult to promote and is less appealing to potential tourists. It is therefore critical that our road and air networks talk to the needs of tourism for both the local and international visitor. The sector has been recovering well as evidenced by the performance of the first quarter, compared to the last 24 months.

There has been significant growth in the domestic market, so naturally this becomes an area of interest and will have our attention. We will promote the ZimBho campaign. We will also be paying attention to Mice tourism promotion because we believe this is a green field. We are also trying to reposition the destination in the source markets to competitively appeal to the international traveller. This will be a position we seek to consolidate and improve. It is our plan to regain our lost position and surpass it.

In this plan, we have anchored everything on three pillars in order to achieve our set objectives and goals. These are domestic tourism, regional tourism and international tourism. We pay particular attention to domestic tourism development, promotion and culture change. This will help us to increase the earning capacity of the sector which in turn will aid the international receipts.

We will use digital marketing as a tool to promote the destination to both local and international tourists. Our strategy will weigh on the promotion and hosting of Mice events to contribute to the total receipts.

TN: Domestic tourism has long been a low hanging fruit and that mostly has to do with pricing, yet, so much potential lies in it. For example, in India, the Taj Mahal attracts significantly lower fees for locals as compared to foreigners and the numbers are balanced out in the increased numbers of Indians who visit the attraction.

How do you plan to promote domestic tourism and deal with pricing issues? WM: I must say the ZimBho campaign has done well and we need to ride on its success to build sustainability. However, there is a need to cooperate more with industry so that they arrange promotions that suit the different market segments. As for pricing issues, these remain a point of engagement with industry to ensure that products are accessible and affordable and at the same time that industry remains viable.

Will this help and if so in what way? WM: Firstly, allow me to acknowledge the important role that the government has played in the recovery from the effects of the Covid pandemic. There are many inputs that the sector needs that require foreign currency and allowing players to retain forex revenue will assist them to meet those needs and most funds channelled towards upgrading of facilities.

WM: We cannot exactly prescribe what they should use the funds for but it would be great if as a destination we focused on upgrading the product through refurbishments and training of personnel.

The infrastructure needs attention in most areas and this may go a long way in the transformation of the product. TN: Pricing levies and charges are being affected by the continued depreciation of the Zimbabwean dollar. As a result, operators are feeling the effects as these costs are passed on to tourists.

It is a tax imposed on the consumer not the player. The player simply collects on behalf of the central government. Some of the issues are dealt with at macro-level and are beyond the ZTA. We can only play our role as an authority to make a positive contribution to the economy.

TN: There have been several promotions to promote Zimbabwe to locals. While that has helped increase domestic tourism the pace is still slow. Is there any plan you have to do things to promote local visits differently?

WM: We believe that ZimBho has done well. We will continue to promote it countrywide. However, there is more that can be done towards growing domestic tourism and we are exploring the different promotional options. We have come up with several strategies that we will soon be unveiling. TN: Power cuts have become an issue for hotels. Just recently, we heard how the five-star hotel, Meikles, is asking guests to use buckets for hot water.

Intelligently speed up or slow down your sequence with visually stunning results. The Nuke version supports up to three layers of matting for difficult multi-layer content and external motion vectors for 3D animations that need to be reformatted for different frame rates. Reduces noise using feature-sensitive spatial filtering along with time-based optical flow methods.

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The pro version supports a matte layer to generate more accurate results and control blur differently in separate areas. A highly optimized plug-in for simulating out-of-focus effects and the industry’s first and only to fully support deep data. The most advanced noise reduction plug-in for Nuke to efficiently and accurately fix digital noise, compression artifacts, dust and scratches, film grain, and flicker. Optical Flares is a plug-in for designing and animating realistic lens flares quickly and easily inside of Nuke.

Mocha Pro is the Academy Award-winning planar tracking tool for match moves, roto-masking, object removal, stabilization, and more. Available as a standalone application and as an OFX plug-in for Nuke. Silhouette Paint is a paint and tracking plug-in that delivers advanced bit, HDR raster-based tools for cloning, matte painting, and retouching.

Now available as an OFX plug-in for Nuke. Genifect is a post-effect suite with effects for transforming text and simple graphics into bevels with realistic lighting. Baselight for Nuke enables you to add high-quality, complex color correction to your shots quickly using a comprehensive set of powerful grading tools and other features available on full Baselight systems.

Higx Point Render is a fast and powerful rendering engine for Nuke, that lets you create, modulate and render dense energy effects. NNSuperResolution by Pixelmania is an upscale plugin powered by state-of-the-art algorithms using artificial intelligence. Over the last decade, Red Giant’s products such as Magic Bullet Suite and Trapcode Suite have become the standard in film and broadcast post-production. Magic Bullet : Color correction, finishing and film looks.

RE:Vision Effects has over 19 years of experience in developing software tools and systems designed to give motion picture and video artists creative freedom. The company has been widely acclaimed because of the in-house know-how in video image processing, 2D and 3D graphics and stereo 3D algorithms. Boris FX is a leading developer of visual effects software and plugins for film, video, and photography creative professionals. Cycore Systems has developed some award winning effects such as Final Effects, Studio Effects and Cult Effects that have become the industry standard in the film and video industries.

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