Via Harvard Business Review, commentary on investment opportunities in Zimbabwe post-Mugabe: After being denounced for years for its dictatorship and destructive economic policies, Zimbabwe entered a new chapter in November 2017, following the military’s removal of president Robert Mugabe, who ruled the country for 37 years. Mugabe’s ouster and replacement with his one-time deputy, Emmerson […]
Read more »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 »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 »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 »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 »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. […]
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