Zimbabwe: The Hottest Stock Market Of 2017 (But Good Luck Getting Out)
September 4th, 2017
Via Investment Frontier, a look at Zimbabwe’s equity market: The Zimbabwe Industrial Index, which is the main index on the exchange that contains every company except for a handful of mining stocks, is up almost 64% on the year in USD terms. The next best stock market, Latvia’s OMX Riga, is up a mere 52% on the […]
Read more »Zimbabwe: Africa’s Best-Kept Secret?
February 25th, 2015
Via How We Made It In Africa, an interesting look at Zimbabwe: I don’t know what I was expecting when I arrived in Zimbabwe. It certainly wasn’t to land in the most developed country I had ever visited in Africa aside fromSouth Africa (and I have been in quite a few countries throughout the continent). After years […]
Read more »Zimbabwe: A Baffling Billion Dollar Bailout Bet
September 14th, 2012
Courtesy of the Financial Times, a look at Zimbabwe’s latest efforts to use financial engineering to escape its fundamental monetary problems: Since dollarisation in 2009, policymakers in Zimbabwe have failed to solve the problems created by weak banks in a bankrupt econokmy with an overcrowded financial sector. Policy – driven by politicians not technocrats – […]
Read more »Intrepid Investing: Zimbabwe
November 10th, 2009
Courtesy of The Telegraph, an interesting look at Zimbabwe as an opportunity for intrepid investors since the Movement for Democratic Change took over Zimbabwe’s economy earlier this year. As the the article notes: “…Prices were doubling every 24 hours, a feat matched only by Hungary in 1946. Zimbabwe was surviving on dollar and rand remittances […]
Read more »China’s Look East To Africa Goes South…
December 26th, 2008
Via Africa-Asia Confidential, an interesting report on how the economic meltdown and spread of cholera across Zimbabwe and into South Africa has emboldened China, India, and Japan – which have been promoting the virtues of Asia’s non-intervention in African politics – to make increasingly direct criticisms of the Zimbabwe African National Union-Patriotic Front (ZANU-PF) regime. […]
Read more »Zimbabwe: Point of No or Full Return?
June 29th, 2008
Via Public Radio’s excellent Marketplace program, an interesting look at investment interest in Zimbabwe, a country whose economy has been in free fall since 2000 when Mugabe endorsed a violent land seizure program and where, today, four out of five adults are unemployed and the inflation rate tops 165,000 percent. As the interview notes: “…During […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.