One inspiring story about entrepreneurship is that of the launch of WhatsApp. It was founded by Brian Acton and Jan Koum, former employees of Yahoo! In January 2009, after purchasing an iPhone and realizing the potential of the app industry on the App Store, Koum and Acton began discussing a new type of messaging app …

Piggy has always advocated for individuals and households to consider ways of generating passive income. This is basically money that you make but does not require you to do a lot of active work to continue earning it. One interesting way of generating passive income streams is investing in dividend paying stocks. Infograph on Investing …

Piggy recalls that the trading of CFI Holdings was suspended in 2018 because of several reasons such as the failure to comply with listing rules and corporate governance issues. As a result, most shareholders have had their funds trapped in the stock for some time now. It has also been reported that these breaches were …

The Securities and Exchange Commission of Zimbabwe (SECZ) recently hosted the third episode of the “Women in Capital Markets” webinar series. The webinar, which was titled “How to invest: Practical Steps to Take” covered the basics of how to start investing on Zimbabwe’s Capital Markets. Sunday Mail Editor, Victoria Ruzvidzo, moderated the discussion with SECZ …

Readers that follow global markets might have come across the GameStop saga. Piggy has also written about this fascinating story. It is really about the “power and madness of crowds” as retail online traders banded against Hedge Funds that were “shorting” GameStop Corp shares (https://piggybankadvisor.com/2021/02/25/the-madness-and-power-of-crowds/). At the centre of the saga, is a trading strategy …

Globally, there has been massive campaigns amongst financial industry players and regulators against money laundering and terrorist financing. This is because the international community has witnessed the use of increasingly sophisticated methods to move illicit funds through financial systems across the globe. This has also called for the need of improved multilateral cooperation to fight …

One of Piggy’s favourite drama series is “Billions”. It is an American television drama series premiered on Showtime and has produced five complete seasons to date. The series is set in large financial centers, most notably New York and Connecticut. It tells the story of how Hedge Fund Manager Axelrod’s aggressive tactics to secure high …

Piggy has noted that there has been an increasing interest for day trading. An ordinary person with a computer connected to the internet can now try to compete with professional traders in different banks across the world. Most of the day trading involves the global foreign exchange market. This is basically an international network that …

Piggy’s first experience in a Bank Treasury Dealing room was the same as that of a casino floor. The atmosphere was charged, everyone was focused on their machines (PCs) and over-head screens were displaying different economic indicators and investment rates. It was busy and dealers spent most of the time on the phone, quoting some …

The Securities and Exchange Commission of Zimbabwe (SECZ) hosted its second webinar on Exchange-Traded Funds (ETFs) on the 16th of April. The webinar which ran under the theme “Tried and Tested but New to Zimbabwe,” marked the end of SECZ’s webinar series on ETFs. ETFs have become one of the most popular investment vehicles for …

Most readers might have heard economic commentators on CNBC citing the term “capital markets”. The term is also used when companies come to issue new securities and are looking to raise capital for expansion. In this article, Piggy explains how this market operates and investigates some of the common financial instruments traded. Generally, a market …

Most readers might have watched “The Social Network”’, a 2010 American biographical drama film adapted from Ben Mezrich’s 2009 book “The Accidental Billionaires”. The film portrays the founding of social networking website Facebook and the resulting lawsuits. Since its release, The Social Network has been cited as inspiring involvement in start-ups and social media. It …