•Personal Finance •Fintech •Financial Literacy
SA
Joined August 2018
- Tweets22
- Following24
- Followers8
- Likes345
What is the best investment option for a Zim resident
30%Stock Market
2%Treasury Bills
60%Real Estate
9%Cryptocurrency
47 votes • Final results
Finance Guyy retweeted
If we are to combine and compare market caps for both exchanges, Delta is the most valuable company in Zim and it’s market cap is 22% of the total.
The total market cap after factoring in parallel rates is around $3,37 Bln
During USD era, many invested in different policies with reputable companies but their investments were converted to #RTGS at 1:1 gedye.
Investment confidence was significantly reduced
Investment in #Zim is a challenge because
✓ there are no effective alternative investment co for better returns
✓ stock market and money marker perform below inflation rate
✓ high taxes
✓ poor banking services (you cant easily access your money)
✓ many ponzi schemes
Was Zim Emerging Entreprise Market (ZEEM) a white elephant project?
What happened to it?
@zsetech
Everything in #Zimbabwe has become a “Mushika-Mushika” business model from Real Estate to Retailing.
90% of economic agents are involved in the informal sector, which leads to informal business structures and models
