Posts in category

Piggy’s Articles

Piggy’s Articles

According to The Economist, the global suicide rate has fallen by 38% from its peak in 1994. As a result, over 4.0 million lives have been saved. The decline has happened at different rates and times in different parts of the world. One of the major reasons for the decline is greater social freedom, female …

“Sir, if those assets just decrease by 25% and they remain on our books, that loss will be greater than the entire market capitalisation of this company”, said a young risk analyst named Peter Sullivan (Zachary Quinto) in a 2011 American drama film called Margin Call, written and directed by J. C. Chandor. The principal …

The norm amongst most investors all over the world is that they tend to buy and hold gold during periods of uncertainty. However, in some cases, gold has failed to protect against a loss in the purchasing power of the dollar. This has cast some doubt on the ability of the ordinary investor to protect …

Piggy has been assessing the ZSE performance for 2019 and it is interesting to note that the top gainer for the year was MedTech which registered the highest YTD performance of 7,500%. Other top movers were Ariston (689.6%), RTG (506.7%), ZHL (485.9%) and CBZH (396.2%).  MedTech Group is involved in the provision, manufacture and distribution …

Zimbabwe monthly inflation statistics have been published and the main highlight is that the implied annual inflation figure was 521.1% for the month of December 2019, having peaked from 481.05% in November 2019. ZimStats reported that monthly inflation shed 0.91 percentage points to 16.55% from the November 17.46%. The month on month Food and Non-Alcoholic …

The piggybankadvisor.com platform provides access to articles and blogs that assist individuals and households to develop knowledge in areas such as investing, stock-trading and general personal finance. Piggy has also taken a step forward by developing a research database (Piggy’s Research Lab). This powerful database for investors enables users to have access to educational materials …

Piggy is fascinated about how the price of gold has surged in the wake of geopolitical uncertainty. Of course, it has now become an investing truism that gold is something an investor buys during uncertain times.  In 2019 for example, the price of gold gained c20% in dollar terms given the uncertainties such as the …

Piggy notes with interest that “January” means different things for different people.  In the stock market world, there is what is called the January Effect which is a perceived seasonal increase in stock prices during the month of January. In fact, it is a calendar effect specifically in relation to the stock markets anomaly experienced …

Piggy has been noticing some negative reports on the outlook of the Zimbabwean economy in 2020. Economists have cited a plethora of headwinds such as (i) another looming drought, (ii) worsening foreign currency shortages and (iii) 18-hour rolling power cuts. The Ministry of Finance & Economic Development is forecasting to 3.0% GDP growth in 2020 …

Piggy reckons that the year 2019 was full of surprises. A local currency (ZWL) was re-introduced and Monetary Authorities were busy with statutory instruments and directives while they also set up Committees and Advisory Boards. The effects of these changes are still being felt across industries in Zimbabwe. The economy contracted, capacity utilisation levels dwindled, …

Today is the 29th of November 2019 and it’s a Black Friday! There is a lot of excitement amongst shoppers given the massive discounts being offered by retailers all over the world.  Black Friday is an informal name for the Friday following Thanksgiving Day in the United States of America. The day has been regarded …

One of the key takeaways from the 2020 National Budget was the recognition that young people make an important contribution to economies as productive workers, entrepreneurs, consumers, citizens, members of society and agents of change.  In-order to take advantage of this demographic dividend, the Government of Zimbabwe has set up a National Venture Capital Fund. …