kudzanai
@kudzie_sharara
Followers
19K
Following
13K
Media
2K
Statuses
30K
Markets Analyst, Journalist, Sometimes on radio, Sometimes on TV. Money & Markets Podcast, Stock Market for Dummies #GetTheBag Blessed beyond measure!!
Zimbabwe
Joined June 2009
On the highway today, we decided not to play music but read a novel, Tambaoga. To and from we had finished the book. What an Epic novel. Someone should make a movie out of some of these.
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What is KFC seeing now that they were not seeing in years. Yesterday i saw another branch going up at Zimre turn off.
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Food World, next to Joina City, gives way to boutiques/tuckshops
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If you invested US$100 in CBZ shares in Jan 2020, the value of shares wld be US$1,000 as of Friday. This week I am starting a stock market for dummies podcast. Here's the link if you want to learn.
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#Zimparly @OpenParlyZw imagine if we could do the same in constructing hospitals, schools etc. now we are doing it for parliamentarians who for years now have not done anything meaningful. we are deriving very limited benefit from parliamentarians. Useless!
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There are 2,755 billionaires in the world, according to Forbes. Only 15 are black. Strive Masiyiwa is at number 7 👏👏👏 ahead of Oprah, Jay Z, Michael Jordan, Rihanna.
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Usambonyara basa raunoita iwewe uchishandira mhuri yako chero ichidya ichiguta. Maazai Apoo! #FambaTinoFamba
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So Meikles Hotel, now owned by Albwardy Investment, will be run by Hyatt Regency under a management contract. Here is what they plan to do with nearby Africa Unity Square.
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Maths dzeCortina ndadzitadza. Me: How much ice cream?.Him: USc75.Me: Ok give me one and change.Him: Here is your change ZWL100.Me:Is ZWL100 equivalent to USc25?.Him: Yes.Me: So can I give you ZWL300 for ice cream?.Him: No haikwane bring ZWL600. Gave him back his ice cream
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So I have started a new journey of taking stock markets to the people. Please like and subscribe to my youtube channel.
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Seems kombiz got a rude awakening. Fares getting dropped to $1. Weldone @fortunechasi . Here is to sustainability and efficiency.
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So @MthuliNcube01 got a cool US$46 mln sugar tax from Delta alone. The tax is just for one quarter, imagine after a full year, and also for the full market. Theoretically cancer machine challenges should be solved in a short space of time.
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Had a very nice traditional meal at the newly established #GohoriResort in Mutoko. Beautiful place to relax and unwind!
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I asked a friend why he had opened a @ZSE account but had not started buying shares yet. He said he would start once his finances are in order. At that point, he was buying me PIZZA plus a drink costing $1,000. With the same $1,000 he could start his investment journey!
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Zim can be a ridiculous place. Wanted to buy an item going for US$80 via Ecocash. When about to pay up the salez lady said add another US$2. She said its the charge they will incur when withdrawing the money. I walked away.
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Happy 14th anniversary to these soldiers! We did the did in 2008 at the height of hyperinflation!
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Strive Masiyiwa honoured by Harvard University for his extraordinary contributions to African and African American history and culture. He was among 8 distinguished individuals awarded the coveted W. E. B. Du Bois Medal at Harvard University on October 1, 2024.
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The beauty of diversification! Had it not ventured into Gold, Padenga would have been a US$11.56mln revenue company at half year, but because of gold, its now a US$99.24 million company at half year. The mining related business now contributes 88% of revenue. @SMRI_Institute
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Was not sure how pple feel about exposing the plates. But this car had 3 passengers in front and the driver was almost sitting outside. Then another was sitting by the left window side. Sometimes we blame the mushikashika guys, but why do we board such vehicles? Pic by my son.
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#Breaking. RBZ devalues ZiG to roughly 25 per greenback. My early comment is that this won't help if they revert to controlling the rate again.
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So Egypt is quietly building its new city (administrative capital). Some of the structures looking like those in Dubai. The massive scale at which they are doing this is frightening. Hatina zera navo!
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Controversial decision but good for the kids. My grade 7 son is up by 5 am, in class by 7 am, leaves class at 4:30 pm. He comes back with homework that he does till 7 pm. Saturday he is in class from 7 am to 1 pm. Sunday the teacher sends homework. He deserves holiday break.
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Dear beginner investor,. Ignore the noise. Stick to your long term plan.
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Good morning guys. My DM is overwhelmed and will not be able to reply soon. So if it's about wanting to learn about stock markets, please join the group below.
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Gold coins will only make sense if we are buying them with our ever-eroding ZWL. If it's USD what's the point. Would rather keep what's liquid and hardly changes value. Gold changes in value. Gold makes sense if sold in ZWL because it reduces pressure on USD.
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Its reported gvt wants to pay US$3.5 bln compansation to white farmers for the developments made of the farms. Who should foot this bill? Those who benefited or the tax payer? If we dont talk about it now, the tax payer will again pick the bill that benefited PEPs @shingaiRndoro.
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I have written 14 books in economics and there is no economic term called *de-dollarisation*. Don't worry about the currency you are using to trade. So please abandon this de-dollarisation debate and focus on the stability of the Zim dollar. - Mthuli Ncube.
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Fixing public transport issue.A thread. There is no doubt ZUPCO is overwhelmed and is still far from providing adequate and efficient transport system. My suggestion to Minister @MhonaFelix is as follows. 1/.
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I am struggling to understand why the RBZ insists the auction is working when a country that received forex inflows of US$5 bln (from Jan to 7 August) and saw outflows of US$3.5 bln still witnessed an exchange rate rally. @mthimz @baba_nyenyedzi @ChiedzaMadzima @miriranguva.
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My 8 year old son, grade 4. His prayer tonight. "God we pray that we pass at school, even though we don't know when we will open.". This touched me 😪😪 . He also prayed that we remain Covid free says "Ndokumbira kuti mhuri yangu isaite Covid". God hear his prayer pliz.
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Jesu wakafira zvivi zvedu, hona nhasi tinofaraaa iyoo yo Calvary iyo cavalry iyo. Soldiers of Christ. #GoodFriday
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This for me is disappointing. You don't build confidence by saying things that can be easily questioned or disputed by facts. Pple are not gullible! . 1. Forex inflows up 13,4% from Jan to Aug 2024. True, but also tell what has happened to import bill.
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Matts Valela takes over the helm @DeltaCorpZim. Matts owns approximately 12.9 mln Delta shares worth above US$4 mln at current prices.
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So the Governor was asked to be transparent. He was accussed of not consulting. He then revealed whom he consulted and how wide the consultations were, he is now being crucified. You can't make this up.
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Here’s something that is beautiful: Normalise passing the ball. It’s simple. When you see something that’s useful to others, share it. Pass the ball. When they do well, you do well too. Do not be selfish. I always pass the ball. - @Wamagaisa. Edzai mashares zvakare @ZSE_ZW.
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@InfoMinZW I always say such statements with a huge bearing on the economy should NEVER be reduced to a tweet, but must only be communicated with full explanation with someone ready to clarify issues. A proper presser @GGuvamatanga by the time you explain irreparable damage would be done.
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The biggest investment one can make is an investment in knowledge. I am offering basic @ZSE_ZW tutorials to church youth groups. So if u have or you are in a church youth WhatsApp group talk to your mates and you can invite me for a presentation. It's FREE! DM for details.
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They are being sanctioned for “providing material, logistical, or technical support to the Government of Zimbabwe”. Someone gets sanctioned for providing support "to the government of Zim" and they say sanctions are targeted?. Who suffers when the Gvt is not supported?.
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Some returns we are seeing on the @ZSE_ZW would make you look like a fiction teller if you tell people. In Feb we spoke about a certain counter with @baba_nyenyedzi. If one had put US$500 that would be worth US$11,000. Or a bond millionaire with Z$1,65 million.
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How about declaring Bulawayo a special economy zone. Introduce a minimum wage for Manufacturing that is competitive to Asian tigers. Reduce the cost of doing business, improve the ease of doing business. What else would attract manufacturers? @ChadMhako @BusisaMoyo
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Just some appreciation of the company behind this brand. We bought a pack in PnPay but somehow the packet had jecha and we could not eat them. Called the company direct and they drove more than 20km with a replacement. Thats customer care!
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So Sunday was my birthday and I got birthday wishes from Daniel Chipato, Proton Bakers Chief Sales Officer . He also said Proton Bakers would give me a hamper. As you can see, they don't do small small, they do big big. Thank you boss DC and Champions League team @capitalkfm
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Can engineers come up with a machine that digs these pfumvudza holes @HarareHub @HarareInstitute @basera_john @corporatefarmg1 haa makomba anorwadza aya.
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#FuelCrisis. Its utter madness to subsidise fuel for an executive and other well to do people driving fuel gazzling vehicles. If anyone wants to enjoy a social safety net then subsidise public transport only and make sure its efficient. @fortunechasi @GGuvamatanga.
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Meikles Hotel is sort of a national pride when it comes to hotels. We often tell ourselves that it is a five star hotel, but if we were ever in doubt the work that is being done now will take it there. Watch below the new kitchen!
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Good evening all stock market investors. I will be speaking at this event this Thursday. What an honour!. I want it to be as relevant as it can be to the retail investor, and I need help. Please take the poll below it will help me speak accordingly.
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So I follow this guy. he talks sense every time. but he follows this lawyer who is negative about everything. so my guy's retweets of the lawyer end up on my timeline. left with no choice but to unfollow the guy. coz the lawyer's negativity is suffocating.
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No currency in this world will be good for #Zim as long as we do not fix impediments to production. So for the umpteenth time, our problems have nothing to do with currency but production. Stop corruption, improve ease and cost of doing business. @NoelNyasha @vargoe21.
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Its now official! As of yesterday tobacco sold was at 237mln. more than the long standing record of 236 mln achieved in 1999. @BullsBears2010 @Busisa74 @AgribankZim @capitalkfm @BizWeeklyZim @SmangaMad.
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I see people criticising that @Zimra_11 is going to ask for its dues from the businesses attached. You just want free riders in the economy? What resources would be used to build this country if we all don't pay tax? . Everyone should pay their fair share.
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Lol. econet had a 795% return, unifreight 16,000% .On average zse returned 315%. US$100 was Z$10K in January, plus a 315% gain thats Z$41,500 back to USD thats US$188. But if she invested in Econet thats US$725. If Unifreight thats US$7,318.If CBZ then US$90. Now go invest!.
@kudzie_sharara ichokwadi here or tirikunyeperwa kuti tityire kure?.
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2008. At the height of #hyperinflation we did this. We are basically war veterans. Also pioneers of these #allwhite things. Even revisionist historians cant change this. Happy 12th precious #Anniversary to my wife #Precious. @PennyPangeti @kedukudzi
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The things that keep us going. It took me a day to reply. I didn't have words. I know there is risk in investing, but what does not have risk. Just last week we saw crops destroyed by frost. Do what you can, invest in what you can. Tanha dzaunosvikira. Edzai maShares!
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Been saying this in my two minutes of fame on radio. informalisation of the economy replacing a tax paying business with a non-compliant one will have massive long-term effects that we will struggle to get out of. The blitz yemushikashika should come to business. Munhu wese tax!.
Not so OK: One of the country’s biggest retail chains is warning of the “forced death” of Zimbabwe’s supermarkets.
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When borders are opened again very few local manufacturers will be able to compete with SA products given what has happened to the Rand. Our obsession with the USD will destroy #Zim producers. @BusisaMoyo @mahowa15 @ChiedzaMadzima @baba_nyenyedzi @vamarerwa @brains_muchemwa.
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The stock exchange was accused of housing “fake counters”. ini zii zvangu semunhu asina kudzidza stereki.
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Unless you are just taking advantage of price volatility the cheapest stock isn’t worth investing in if the company can’t increase its profits. Yes it's price might rally,but without.growth, eventually those gains will dry up—& sometimes “eventually”.means “just about now.”.
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RioZim stops gold production over restrictive and unsustainable foreign currency policies.
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No customer comes to u so that u can make money, they come to u coz u have something they need - Strive Masiyiwa (1998).
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*Did you know*. As a shareholder of any ZSE listed company you have the following rights. 1. The right to receive the financials of the company. 2. The right to receive a dividend when it has been declared and, . 3. The right to attend and vote at AGMs.
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The @ZSE is the most rewarding stock market in Africa this year. Have you thought of buying shares yet? . Actively trading and investing in a successful company's stocks helps to diversify your ability to create income.
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Zim to introduce a "structured currency". Could this be a digital version of traditional fiat currencies issued and controlled by central banks.
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Why would OK Zim or any other big retailer or tuckshop go to a middlemen/wholesaler for products instead of going for cheaper products from a manufacturer in SA or Zambia. Local manufacturer is the biggest loser
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At the last Powerspeed analysts briefing, before it delisted, one executive remarked that any market with a lot of fragmented small players, there is a market share to be gained. It seems true to their word Electrosales is not playing games by opening up these giant branches.
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We are told 80% of the economy is now trading in USD, yet ZWL$100 billion was looking for forex today. Who is bidding, and where is all that money coming from?. The President called it "a paradox".
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So today I took time to explore the new Zsedirect application. What a cool easy to use platform, you transact wakafara even if your stocks are in the negative. #ItWillEndInWealth
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Was privileged today to be part of a panel with Finance Deputy Minister D Mnangagwa, Dumisani Sibanda & RBZ Deputy Governor I Matshe to talk about the Zim Economy & Monetary Policy. I spoke about the pain points that need to be addressed to have long term stability of ZiG.
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Plastic investors. U lose 5mln and u run for the exit door. They never had downstream linkages with local clothing manufacturers, no skills transfer, they imported 100% products. They just wanted the US$ which was an easy picking at some point.
Pep Stores exit Zim. South Africa’s largest (non-grocery) retail chain, Pepkor, is closing its outlets in Zimbabwe, whose economic crisis has hit sales hard. Pep stores lost US$4.7million in Zim last year.
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Spent the last night trying to reconcile what @GGuvamatanga said at #zedcon yesterday. I was left with two question only. Is the economy benefiting more from the big retailer or from tuckshops?. From a government/treasury where do we still have more work to be done?.
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This bread is by Innscor's Bakers Inn bread manufacturer. Its exactly the same with the existing Bakers Inn bread. My thinking they are angling for a name change of their bread to deal with the confusion with the name of their bread and the fast food outlets owned by Simbisa
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Next to my hse there r 30 houses built all at once by one of the suspended RBZ officials. His contractors told me he was at the same time building 100 in Chinhoyi. Taingoti vanhu vane mari dzavo, which is still true till proven guilt.@HumbaMakombe44 @capitalkfm
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#Zim national payment system. 71% value of transactions goes thru RTGS platform 1st week of May. 19% thru @EcoCashZW including genuine transactions. While the later has compliance issues, to really say it is mainy to blame for currency plunge is not being honest with ourselves.
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Was talking to a friend about the Old Mutual ETF educational presentation done today. At most, it had 120 viewers. My friend said *I feel like the people who really need them can't afford data to participate.*. I just showed him the picture below. A socialite was dancing!
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Investors on th Zimbabwe Stock Exchange have on average gained 42% this month alone. If you also want to start your investment journey, below I share some insights. Investment is for all body. Retweet for awareness.
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The stock market is very weak at the moment. It can fall even further. But all the same those who invested same time last year are still better off than those who kept money even USD under the pillow. The stock. Market does diversifies your income streams.
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#Bitcoinscam alert, just got told there are pple in H-town that have formed pyramid schemes around bitcoin. Using it's performing etc & claim that's where they are investing in & promise huge returns, yet its just a Ponzi.Close relative got scamed & culprits vanished. @FinLitBae.
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There is a new rate in town #PharmacyRate its currently ranging between 4x and 5x to the US$. @MthuliNcube please ipayi vanhu ava forex. @larry_moyo @capitalkfm @NoelNyasha.
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#MuzarabaniOil In layman terms the 3.9 tcf of natural gas can give us 500 megawatts of power for 40 years and the 181 million barrels can give us enough fuel for the next 20 yrs at current consumption levels of 25K barrels a day @BusinessWeeklyZ @capitalkfm @NoelNyasha .
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Leaving no one behind. We all started as dummies/beginners but some in these groups are now millionaires. The stock market is for all body!. Join the investment community.
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Approximately 40% of pension fund's assets are in stocks listed on the ZSE. Challenges cozed by Covid19 meant pension funds have to sale shares to make payouts to pensioners and for insurers to settle claims. #OpenZSE @SECZIM @IPECZW @GGuvamatanga @MthuliNcube.
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3. Give them pick up and drop zones in the CBDs. If any kombi is seen breaking laws of the road, police can just note the colour and number plate and fine bill to the who Warren Park Kombi Association. This will force them to discipline their members.
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Ole just showed us the difference between dating and marriage.
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I for one welcome this. My salary was now worth zero so we might as well try something new than continue on a path that is not working. I also know redollarisation would not work. So welcome Zimdollar.
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In 2020, if you earn Z$ getting into the market might be a very good idea. I see the market beating inflation. @wallstreet_god @nevmandimika @NoelNyasha @PennyPangeti @brains_muchemwa @kmugova @kedukudzi @EFESECURITIES @MorganCo_ZW @LyntonEdwards @SeanBvurere @Nemaungwe
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Now you can buy even 1 share on the ZSE as long as the minimum investment amount is $500.
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