Markets Analyst, Journalist, Sometimes on radio, Sometimes on TV.
Money & Markets Podcast, Stock Market for Dummies
#GetTheBag
Blessed beyond measure!!
On the highway today, we decided not to play music but read a novel, Tambaoga. To and from we had finished the book. What an Epic novel. Someone should make a movie out of some of these.
If you invested US$100 in CBZ shares in Jan 2020, the value of shares wld be US$1,000 as of Friday.
This week I am starting a stock market for dummies podcast.
Here's the link if you want to learn.
#Zimparly
@OpenParlyZw
imagine if we could do the same in constructing hospitals, schools etc...now we are doing it for parliamentarians who for years now have not done anything meaningful. we are deriving very limited benefit from parliamentarians. Useless!
There are 2,755 billionaires in the world, according to Forbes. Only 15 are black. Strive Masiyiwa is at number 7 πππ ahead of Oprah, Jay Z, Michael Jordan, Rihanna
So Meikles Hotel, now owned by Albwardy Investment, will be run by Hyatt Regency under a management contract.
Here is what they plan to do with nearby Africa Unity Square.
Maths dzeCortina ndadzitadza.
Me: How much ice cream?
Him: USc75
Me: Ok give me one and change
Him: Here is your change ZWL100
Me:Is ZWL100 equivalent to USc25?
Him: Yes
Me: So can I give you ZWL300 for ice cream?
Him: No haikwane bring ZWL600
Gave him back his ice cream
So
@MthuliNcube01
got a cool US$46 mln sugar tax from Delta alone. The tax is just for one quarter, imagine after a full year, and also for the full market. Theoretically cancer machine challenges should be solved in a short space of time.
I asked a friend why he had opened a
@ZSE
account but had not started buying shares yet. He said he would start once his finances are in order.
At that point, he was buying me PIZZA plus a drink costing $1,000.
With the same $1,000 he could start his investment journey!
Was not sure how pple feel about exposing the plates. But this car had 3 passengers in front and the driver was almost sitting outside. Then another was sitting by the left window side. Sometimes we blame the mushikashika guys, but why do we board such vehicles? Pic by my son.
So Egypt is quietly building its new city (administrative capital)
Some of the structures looking like those in Dubai.
The massive scale at which they are doing this is frightening.
Hatina zera navo!
Controversial decision but good for the kids. My grade 7 son is up by 5 am, in class by 7 am, leaves class at 4:30 pm. He comes back with homework that he does till 7 pm. Saturday he is in class from 7 am to 1 pm. Sunday the teacher sends homework. He deserves holiday break.
Good morning guys.
My DM is overwhelmed and will not be able to reply soon.
So if it's about wanting to learn about stock markets, please join the group below.
Gold coins will only make sense if we are buying them with our ever-eroding ZWL. If it's USD what's the point. Would rather keep what's liquid and hardly changes value. Gold changes in value. Gold makes sense if sold in ZWL because it reduces pressure on USD.
I have written 14 books in economics and there is no economic term called *de-dollarisation*.
Don't worry about the currency you are using to trade.
So please abandon this de-dollarisation debate and focus on the stability of the Zim dollar
- Mthuli Ncube.
Its reported gvt wants to pay US$3.5 bln compansation to white farmers for the developments made of the farms. Who should foot this bill? Those who benefited or the tax payer? If we dont talk about it now, the tax payer will again pick the bill that benefited PEPs
@shingaiRndoro
Fixing public transport issue
A thread.
There is no doubt ZUPCO is overwhelmed and is still far from providing adequate and efficient transport system.
My suggestion to Minister
@MhonaFelix
is as follows. 1/
I am struggling to understand why the RBZ insists the auction is working when a country that received forex inflows of US$5 bln (from Jan to 7 August) and saw outflows of US$3.5 bln still witnessed an exchange rate rally.
@mthimz
@baba_nyenyedzi
@ChiedzaMadzima
@miriranguva
My 8 year old son, grade 4.
His prayer tonight.
"God we pray that we pass at school, even though we don't know when we will open."
This touched me πͺπͺ
He also prayed that we remain Covid free says "Ndokumbira kuti mhuri yangu isaite Covid"
God hear his prayer pliz.
So the Governor was asked to be transparent.
He was accussed of not consulting.
He then revealed whom he consulted and how wide the consultations were, he is now being crucified.
You can't make this up.
Hereβs something that is beautiful: Normalise passing the ball. Itβs simple. When you see something thatβs useful to others, share it. Pass the ball. When they do well, you do well too. Do not be selfish. I always pass the ball. -
@Wamagaisa
.
Edzai mashares zvakare
@ZSE_ZW
@InfoMinZW
I always say such statements with a huge bearing on the economy should NEVER be reduced to a tweet, but must only be communicated with full explanation with someone ready to clarify issues. A proper presser
@GGuvamatanga
by the time you explain irreparable damage would be done
They are being sanctioned for βproviding material, logistical, or technical support to the Government of Zimbabweβ.
Someone gets sanctioned for providing support "to the government of Zim" and they say sanctions are targeted?
Who suffers when the Gvt is not supported?
Some returns we are seeing on the
@ZSE_ZW
would make you look like a fiction teller if you tell people.
In Feb we spoke about a certain counter with
@baba_nyenyedzi
.
If one had put US$500 that would be worth US$11,000.
Or a bond millionaire with Z$1,65 million.
The biggest investment one can make is an investment in knowledge.
I am offering basic
@ZSE_ZW
tutorials to church youth groups.
So if u have or you are in a church youth WhatsApp group talk to your mates and you can invite me for a presentation.
It's FREE! DM for details.
Just some appreciation of the company behind this brand.
We bought a pack in PnPay but somehow the packet had jecha and we could not eat them.
Called the company direct and they drove more than 20km with a replacement.
Thats customer care!
#FuelCrisis
. Its utter madness to subsidise fuel for an executive and other well to do people driving fuel gazzling vehicles.
If anyone wants to enjoy a social safety net then subsidise public transport only and make sure its efficient.
@fortunechasi
@GGuvamatanga
Meikles Hotel is sort of a national pride when it comes to hotels. We often tell ourselves that it is a five star hotel, but if we were ever in doubt the work that is being done now will take it there.
Watch below the new kitchen!
Good evening all stock market investors.
I will be speaking at this event this Thursday. What an honour!
I want it to be as relevant as it can be to the retail investor, and I need help. Please take the poll below it will help me speak accordingly.
So I follow this guy. he talks sense every time...but he follows this lawyer who is negative about everything. so my guy's retweets of the lawyer end up on my timeline....left with no choice but to unfollow the guy..coz the lawyer's negativity is suffocating.
No currency in this world will be good for
#Zim
as long as we do not fix impediments to production. So for the umpteenth time, our problems have nothing to do with currency but production. Stop corruption, improve ease and cost of doing business.
@NoelNyasha
@vargoe21
Lol...econet had a 795% return, unifreight 16,000%
On average zse returned 315%.
US$100 was Z$10K in January, plus a 315% gain thats Z$41,500 back to USD thats US$188.
But if she invested in Econet thats US$725.
If Unifreight thats US$7,318
If CBZ then US$90.
Now go invest!
Been saying this in my two minutes of fame on radio. informalisation of the economy replacing a tax paying business with a non-compliant one will have massive long-term effects that we will struggle to get out of.
The blitz yemushikashika should come to business. Munhu wese tax!
The things that keep us going. It took me a day to reply. I didn't have words.
I know there is risk in investing, but what does not have risk. Just last week we saw crops destroyed by frost.
Do what you can, invest in what you can.
Tanha dzaunosvikira. Edzai maShares!
Unless you are just taking advantage of price volatility the cheapest stock isnβt worth investing in if the company
canβt increase its profits.
Yes it's price might rally,but without
growth, eventually those gains will dry upβ& sometimes βeventuallyβ
means βjust about now.β
*Did you know*
As a shareholder of any ZSE listed company you have the following rights.
1. The right to receive the financials of the company.
2. The right to receive a dividend when it has been declared and,
3. The right to attend and vote at AGMs.
The
@ZSE
is the most rewarding stock market in Africa this year.
Have you thought of buying shares yet?
Actively trading and investing in a successful company's stocks helps to diversify your ability to create income.
Why would OK Zim or any other big retailer or tuckshop go to a middlemen/wholesaler for products instead of going for cheaper products from a manufacturer in SA or Zambia.
Local manufacturer is the biggest loser
We are told 80% of the economy is now trading in USD, yet ZWL$100 billion was looking for forex today.
Who is bidding, and where is all that money coming from?
The President called it "a paradox"
Was privileged today to be part of a panel with Finance Deputy Minister D Mnangagwa, Dumisani Sibanda & RBZ Deputy Governor I Matshe to talk about the Zim Economy & Monetary Policy.
I spoke about the pain points that need to be addressed to have long term stability of ZiG.
So today I took time to explore the new Zsedirect application. What a cool easy to use platform, you transact wakafara even if your stocks are in the negative.
#ItWillEndInWealth
Plastic investors. U lose 5mln and u run for the exit door. They never had downstream linkages with local clothing manufacturers, no skills transfer, they imported 100% products. They just wanted the US$ which was an easy picking at some point.
Pep Stores exit Zim. South Africaβs largest (non-grocery) retail chain, Pepkor, is closing its outlets in Zimbabwe, whose economic crisis has hit sales hard. Pep stores lost US$4.7million in Zim last year.
Spent the last night trying to reconcile what
@GGuvamatanga
said at
#zedcon
yesterday.
I was left with two question only.
Is the economy benefiting more from the big retailer or from tuckshops?
From a government/treasury where do we still have more work to be done?
Next to my hse there r 30 houses built all at once by one of the suspended RBZ officials. His contractors told me he was at the same time building 100 in Chinhoyi. Taingoti vanhu vane mari dzavo, which is still true till proven guilt.
@HumbaMakombe44
@capitalkfm
This bread is by Innscor's Bakers Inn bread manufacturer. Its exactly the same with the existing Bakers Inn bread. My thinking they are angling for a name change of their bread to deal with the confusion with the name of their bread and the fast food outlets owned by Simbisa
Was talking to a friend about the Old Mutual ETF educational presentation done today. At most, it had 120 viewers.
My friend said *I feel like the people who really need them can't afford data to participate.*
I just showed him the picture below. A socialite was dancing!
#Zim
national payment system
71% value of transactions goes thru RTGS platform 1st week of May.
19% thru
@EcoCashZW
including genuine transactions.
While the later has compliance issues, to really say it is mainy to blame for currency plunge is not being honest with ourselves
#Bitcoinscam
alert, just got told there are pple in H-town that have formed pyramid schemes around bitcoin. Using it's performing etc & claim that's where they are investing in & promise huge returns, yet its just a Ponzi.Close relative got scamed & culprits vanished.
@FinLitBae
Investors on th Zimbabwe Stock Exchange have on average gained 42% this month alone.
If you also want to start your investment journey, below I share some insights.
Investment is for all body. Retweet for awareness.
The stock market is very weak at the moment. It can fall even further.
But all the same those who invested same time last year are still better off than those who kept money even USD under the pillow.
The stock. Market does diversifies your income streams.
#MuzarabaniOil
In layman terms the 3.9 tcf of natural gas can give us 500 megawatts of power for 40 years and the 181 million barrels can give us enough fuel for the next 20 yrs at current consumption levels of 25K barrels a day
@BusinessWeeklyZ
@capitalkfm
@NoelNyasha
.
Approximately 40% of pension fund's assets are in stocks listed on the ZSE. Challenges cozed by Covid19 meant pension funds have to sale shares to make payouts to pensioners and for insurers to settle claims.
#OpenZSE
@SECZIM
@IPECZW
@GGuvamatanga
@MthuliNcube
Leaving no one behind.
We all started as dummies/beginners but some in these groups are now millionaires.
The stock market is for all body!
Join the investment community.
3. Give them pick up and drop zones in the CBDs.
If any kombi is seen breaking laws of the road, police can just note the colour and number plate and fine bill to the who Warren Park Kombi Association. This will force them to discipline their members.
I for one welcome this. My salary was now worth zero so we might as well try something new than continue on a path that is not working. I also know redollarisation would not work. So welcome Zimdollar.
No
#CurrencyBoard
after all.
Our trust is now on Dr Mushayavanhu's word.
To many things that RBZ would do in the past, like printing money, he said "Not under my watch"
We have his word against what he will do.
As usual I give him benefit of doubt. Good luck Governor!
My father in rural Makonde will not be able to sell just two goats unless with US$. That's basically what the mobile money decision with a limit at $5000 has done.
Caledonia Mining to raise US$3 mln on the
@VFEX_ZW
, engages
@IH_Group
to facilitate listing.
Caledonia is one of the most profitable mines in the country and has grown it's quarterly dividend payments by 89% since 2019.
The latest dividend is US$0.13
So there was congestion this morning, and this kombi crossed over to oncoming traffic, turned and started reversing for a kilometre to the rothmans traffic lights. Tiri musango hwenje!
For more than a decade now, Zim government can only collect on average US$4 billion, hardly enough to meet its many needs.
New tax proposals have been met with outcry.
How do we grow the revenue base?
After keeping us in the dark since December, the
@ReserveBankZIM
has revealed that Reserve Money grew by 307% year on year. Reserve money refers to the currency in circulation plus commercial banksβ deposits with the central bank. Or more simple..money created.
Minister
@MthuliNcube
in an interview with
@Andy_HC_KL
says the way people are investing on ZSE is also a sign of indiscipline in the market. In April $11bln found its way to ZSE. Yesterday,even after the measures, $1bln was invested. Who is investing n what's source of money?
βThe figures are large. I donβt know how gold leaves the airport, but it leaves, we are told on some flights. How it leaves, whether scanners go off at an opportune time or not, I donβt know" - Mthuli Ncube a few weeks ago.
The scanners did not turn off today.
Stolen and modified
US$1,000 invested in [CBZ, Masimba, Cafca, ZBFH, Art, Bindura] in January this year would be worth.....
Nvm, it doesn't matter to you at all because you didn't invest in January
Stop looking back at the missed opportunities, and simply start investing TODAY
In order to make good investments on the
@ZSE_ZW
, you also need to know how to manage your money.
To invest, you must have saved. To save you must have a budget and goals.
Join muvhangeri wemari
@FinLitBae
now on
With the world on lockdown. Once u use your US$ its going to take long b4 u get more...remmitances will dry up, so will exports slowdown, and illegal gold buyers are locked away...heading for tough times
@kmugova
@wallstreet_god
@bmusonza
@kedukudzi