The price controls appear like a sign of desperation... but I don't think they will have the desired results.

The concern obviously of a supplementary budget is the impact on the budget deficit, which will grow for the current fiscal year and will continue to feed into the inflationary cycle.

The signal the market is getting from the governor is that yes, inflation will remain an enemy but attempts to bring it down have failed and that corruption is now a bigger animal that needs to be vigorously dealt with.

Even the IMF payment is nothing much to cheer about because nothing on the ground has changed, the government's policies are still lopsided and the economy is still in trouble.

Also there are issues to do with Zimbabwe's pariah status which have influenced especially companies from the West. Most of them will be taking a cue from their governments.

The signals are not there for foreign investors to come and commit money at the fair when they may not get any returns.