Wednesday, January 16, 2019
Jeffrey Gogo Much has been said about the mining of crypto currencies and how the process guzzles electricity. Could crypto-mining pose a threat to the electricity dynamics in Zimbabwe in the future? Mining is a process that creates new digital coins by solving complex mathematical problems using very powerful computers, day...
LONDON - World stocks drifted lower on Friday as the latest exchange of trade threats between the United States and China dampened risk appetite, while Italian bonds and shares in the country’s banks sold off on signs of renewed government tensions in Rome. The MSCI All-Country World Index, which tracks shares in...
Jeffrey Gogo In Zimbabwe things financial tend to catch-on rather slowly. But when they do, they do so with a bang. And then as quickly as they emerged, die out unnoticed. Think about the mania over Zvihuta, Matapiri emusaki, Ayini dzesimbi etc! It is a common social trait of the...
We have looked at investing in capital markets in Zimbabwe, the basics of investing and why it is prudent to do so in this environment. We also looked at the various options available, as in shares or stocks and bonds, cash equivalents such as savings and cheque accounts, certificates...
Tawanda Musarurwa HARARE - President Emmerson Mnangagwa today launched C-Trade, in one of the biggest developments around Zimbabwe’s capital markets in recent years. C-Trade is an online and mobile trading platform for the trading of shares on the Zimbabwe Stock Exchange and the alternative trading platform, the Financial Securities Exchange (Pvt) Limited...
Jeffrey Gogo Cryptocurrency exchange Golix crashed this week, as panicky investors feared the worst on speculation the platform may have been attacked by hackers, making off with 12 Bitcoins, or the equivalent of over $200 000. Golix went offline the morning of January 21 for more than 14 hours in an...
Investments are never the same, and knowing about them, why one needs to invest, what to invest in, when to invest and how much to invest are questions that are frequently asked. We continue from last week where we endeavour to answer some of those questions that will fill...
Golden Sibanda Zimbabwe will proceed with plans to levy 15 percent on raw platinum exports starting next year, if producers fail to comply with Government policy and directive for miners to build beneficiation facilities. Mines and Mining Development Minister Walter Chidhakwa said in an interview Government had no plans to...
Kudzanai Sharara The Zimbabwe Stock Exchange recorded its biggest monthly turnover since dollarisation after the October 2017 turnover breached the monthly record turnover achieved in September 2017. Turnover for the month of October amounted to $168,8 million. The previous highest was $89,8 million recorded in September 2017 and before that,...
--- Industry strategy seeks to grow hectarage by 2 000ha --- To generate $25 million export earnings Business Writer --- Zimbabwe’s coffee industry requires at least $65 million to boost production mainly by small scale farmers, according to the sector’s five year development draft strategy. At least 4 700 hectares would be planted...