The Markets Mirror: Unpacking the forex market: A comprehensive guide for Zim investors
Forex trading is essentially the buying of one currency while simultaneously selling another, aiming to profit from changes in their relative values.
By Isaac Jonas
Jan. 19, 2025
Is there trouble in paradise: Case of OK Zim?
In 2023, OK Zimbabwe highlighted how the volatile financial environment, exchange rate fluctuations, and electricity shortages had a corrosive effect on its revenues and operations.
By Blessing Nyatanga
Jan. 17, 2025
The tale of Zim's 'torn' money buying brigade
Extremely worn out United States dollars (USD) are also rejected. For the money-buying brigade, damaged banknotes represent a business opportunity.
By Ophar Mavuri
Nov. 27, 2024
Why Zig-arising diaspora remittances will not work
Diaspora remittances were only US$294 million when the country dollarised in 2009 and have been growing at a compound annual growth rate of 14% over those 14 years.
By Rufaro Hozheri
Aug. 30, 2024
Forex deposits reach 80% amidst ZiG struggles
According to the 2024 mid-term budget review, total banking sector deposits amounted to ZiG42,1 billion and foreign currency deposits accounted for about 80% of the total deposits.
By Mthandazo Nyoni
Jul. 28, 2024
Zimbabweans turn to medicinal herbs as the cost of drugs soars
Many of the vital drugs that patients require are readily available in private hospitals and pharmacies, but are unaffordable to the majority of Zimbabweans.
By Caiphas Chimhete
Jun. 22, 2024
InnBucks, beyond what meets the eye
My first interaction with Innbucks was at a Simbisa outlet back in 2021, and just like any new product on the market, it was under some promotion of some sort.
By Rufaro Hozheri
Apr. 26, 2024
Richest Forex Traders in Tanzania
The landscape of forex trading in Tanzania is evolving rapidly, with a new generation of traders making significant strides in the industry
By The Standard
Apr. 22, 2024
Navigating Zim's currency conundrum
Structured currencies are monetary systems backed by tangible assets such as gold or commodities, offering stability and intrinsic value.
By Mark Mtombeni
Apr. 21, 2024