Category: Investment
ZSE Direct is going to be down due to scheduled maintenance
ZSE Direct is taking the night off… For good reason, of course.
ZSE marks biggest year in a decade at the close of 2020 trade
The Zimbabwe Stock Exchange (ZSE) closed off 2020 with the highest figures the exchange has posted in decade.
ZSE Direct KYC (Know Your Client) requirements have been changed
The ZSE has issued a circular that outlines the new KYC requirements for new registrations as well as existing ZSE Direct accounts.
Duplicating business models from global brands in Zimbabwe
Innovation. Disruption. Original. These are some of the buzzwords in the entrepreneurship arena that every player wishes to be associated with. There have been several new ideas that came in and shook up their respective industries from Apple with the first most adopted graphical user interface computer to Uber destroying the taxi industry in several […]
Local EduTech Startup Attends UNICEF Incubation Program In Egypt
[Image Source: Generation Unlimited] Local software startup, Team Amigo is in Egypt from the 20th-24th of January as part of their incubation program for winning the Generation Unlimited Youth Challenge 2018/19. Team Amigo won the $20 000 challenge for developing an application that delivers learning materials to students at low cost. [Update]: Amigo’s Academic Portal […]
Months of Cassava Smartech Contribute 89% Of Econet’s Profits Last Year
Econet recently put out their financial results for the year ended 28 February and one of the questions many had was whether these results would include any detail regarding the performance of Cassava Smartech and they do but there is one caveat. The results only cover Cassava’s first 8 months and not the full year. […]
EcoCash’s I-nvesta Platform Allows Users To Trade Shares On C-Trade Through EcoCash
If you open EcoCash’s menu there’s a lot that may pass you by because we often use a few particular functions. One such feature that has been there for a long time and we constantly missed was the EcoCash I-nvesta menu. I-nvesta is (and has been for quite a long time) available on the EcoCash […]
SECZ Conducting User Experience Survey For C-Trade Users
When C-Trade –Zim’s first digital investment- platform was announced we were very excited about how many doors would be opened to first time investors who hadn’t had a chance to do so previously. There were a few user experience issues that were met by those of us who enthusiastically tried to sign up only to […]
MMM’s Investment Scheme Might Be Making A Comeback: Be Very Careful
Earlier this year, MMM Zimbabwe’s Ponzi scheme was laid to rest along with its founder. It seems mavro-BTC which was taking advantage of the Bitcoin craze last year and earlier this year had all but lost steam. The normal MMM which doesn’t rely on Bitcoin us back though and there have been some rumours. When […]
NetOne To Enter Joint Venture With South Africa’s Telkom?
Finance Minister Mthuli Ncube is the man of the moment and when he speaks Zimbos listen. Last week Mthuli spoke about the privatisation of state-owned parastatals and it seems like there is a 6-9 month timeline for that to happen. In line with this privatisation, South African Telecommunications company Telkom is said to be in […]
Econet Releases Statement Warning Investors To Trade Wisely
Econet released a statement earlier this week advising their investors to think twice before making any decisions to either sell/buy more shares. The statement sent out by Charles Banda –Group Secretary- read: The Board of Directors of the Company wish to advise all shareholders, debenture holders and members of the investing public that the Board […]
C-Trade Answers Some Of The Frequently Asked Questions About Their Trading Platform
We have talked at length about C-Trade. From a how-to on the sign-up process, why their platform is a great thing, and how to buy the shares once you’ve signed up. Since their launch in July however, the reception has been mixed. Though they have quickly grown and have amassed about 7000 new traders there have […]
Four Investors Are Looking To Pump Money Into NetOne
Earlier this year, the Minister of ICT & Cyber Security Supa Mandiwanzira expressed the Governments interest to finally let go of Mobile Network Operators Telecel and NetOne: We have had inquiries on buying equity, interest in government-owned networks, with some offering to buy entire shareholding and some offering to partner with the government and inject […]
What Type Of Investment Is Right For Your Business?
As the saying goes, you have to ‘speculate to accumulate’. As anyone with a stock trading account will attest, when it comes to the market this means taking some form of calculated risk in a bid to make your funds grow further. In a business context, the principle is the same. In order to achieve […]
Mr President Before You Give Tax Incentives To Foreign Investors For Job Creation, Have You Looked At Startups?
Today’s Herald carried a headline that said, ‘ED mulls tax incentives to lure investors.’ The Herald wrote: Tax holidays and incentives, the President said, will help attract more attract foreign investment into the country, which will go a long way in creating decent jobs for the populace and help the country to attain the Government’s […]
Make Zimbabwe Great Again (part 2) – How Strong Intellectual Property Rights Laws Can Help Foster A Culture Of Innovation
Growing up in Zimbabwe as a teen in the early 90’s I used to rent DVD’s from the Video Club without understanding what laws we were breaking; however, I did save my pocket money to purchase the Notorious BIG’s original Deluxe Album. It cost about USD $50 (yes the double disc was and still is […]
Buyer beware: the basic risks when investing
Caveat Emptor is the cute Latin term that is translated “Buyer beware.” This is legal mambo jambo to let you know that whatever you are about to buy, you are buying at your own risk. It is important to move our discussion of investing on capital markets to the uncomfortable subject of risk. Risk is […]