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Piggy’s Content

Piggy’s Content

The world has been changing at an alarming rate and we now live in what is called the “information age”.  The internet has changed how business is being done as IoT (The Internet of Things) and Artificial Intelligence has taken centre stage. In the same vein, global financial markets have been evolving with new instruments …

Most Techies out there should have been following how the Tik Tok saga is panning out in the USA.  The US government has essentially forced Chinese tech company ByteDance to sell its TikTok app to an American firm to keep operating in the US.  This move by the US government has been informed by several …

In our recently published article titled “Beware of Charles Ponzi and Bernie Madoff”, we look into how two personalities became the “face of financial evil” and led to the death of trust in investment circles. However, it would be careless for us to paint every portfolio manager or trader with the same brush as there …

“Gentlemen, you can calm down. The printing presses run day and night again in three shifts”. Those were the words of Rudolf Havenstein German President of the Reichsbank during the Weimar Republic Hyperinflation (1921–1923). German went on further to experience record breaking inflation rates that year because of money printing. They thought printing more money …

Bitcoin, a currency founded in 2009 has had its fair share of controversy with Warren Buffet calling it a mirage while others such as Richard Branson raving about its potential in the new digital economy.  Just like the sentiment around Bitcoin, its value has been a roller-coaster with extreme jumps and equal downward momentum. What …

The value preservation agenda is becoming increasingly difficult in this volatile climate and it appears that the hunt for assets that can at least beat inflation is on. We have witnessed reports of people flocking to obvious pyramid schemes to ‘invest’ in unknown assets. While desperate times do call for desperate measures, one of the …

OK Zimbabwe published its FY2020 results and the food retailer still remains Piggy’s favorite. The “800-pound gorilla in the room” has indeed been Covid-19 and how it has reduced retail traffic at consumer-facing outlets given the lock- down measures. Of course, volumes were down 16% y-o-y given the macro-economic head winds in Zimbabwe and the …

The Covid-19 has by far become a significant disruption catalyst in terms of how business is being conducted and how it will evolve into the future. Of course, understanding the disruption better will definitely go a long way in terms of managing it. The impact of the outbreak of Covid-19 has led to social distancing …

Governments and advocates of cleaner environments are pushing for it and platinum producers are having nightmares about it; “The shift towards New Energy Vehicles (EVs)”. Some governments have also declared their intention grow the share of EVs in their countries’ automobiles market. The proportion of EV, PHV and hybrids in global auto sales is estimated …

The Covid-19 pandemic has impacted the structure and shape of economies across the globe. In the case of Zimbabwe, the limited economic activity that has come as a result of Covid-19 social distancing measures has created new risks such as (i) company closures, (ii) increased levels of formal unemployment and (iii) shrinkages in the value …

In a statement issued by ZANU PF regarding its position on Old Mutual Limited and trading activity on the Zimbabwe Stock Exchange (ZSE), it was cited that a major concern was that the local bourse had not seen any new listings for some years now. According to the Party, this has been of “grave concern” …

The suspension of trading activity on the Zimbabwe Stock Exchange (ZSE) has been lifted. However, the market has re-opened without the dual listed stocks; namely Old Mutual Limited, PPC and SeedCo International. This of course is a major blow in terms of market depth. Further, there has been a lot of damage made and Zimbabwe …