Not so fast, Rand Pessimists
Investors might be surprised to learn that they would have been better off leaving their cash in rand rather than converting it to US dollars.
US dollars
When thuggery replaces rule – Zimbabwe’s teacher crackdown
When the exchange rate from US dollars to Zimbabwe dollars is set by government at an unrealistically low rate, teachers’ salaries are going down.
“Zim dollar now in real peril,” back on the slippery slope again – Cathy Buckle
Zimbabwean columnist Cathy Buckle paints a grave picture of an economic disaster taking place in our neighbouring country.
How to invest and earn a passive income in USD from the comfort of your couch, using technology and real estate?
Technology has enabled us in some areas of our lives, and yet, people are only now starting to consider technology for investing, writes Wealth Migrate.
Zimbabwe demands companies pay tax in US dollars
The Zimbabwe Revenue Authority is clamping down on companies conducting business in foreign currency but paying tax in Zimbabwe dollars.
🔒 WEBINAR: A tech giant drafted in as Global Portfolio maintains 30%+ run
Making changes to the Biznews Global Share Portfolio is a bit of an event for us. And as you’ll see in this month’s update, we’ve done just that.
Zimbabwe’s missing $13bn: A self-inflicted Mugabe-esque health crisis
Cathy Buckle reflects on Zimbabwe’s missing $13 billion in diamond revenue, and wonders what good that lost money would have done for a country’s health system in dire need.
DCCs (inward listing of US treasury notes) means South Africans can hold cash in dollars
Rand Merchant Bank has listed an innovative new product on the JSE, which will enable companies and individuals to hold unlimited quantities of cash in US dollars.
Cathy Buckle: What President Robert Mugabe didn’t say – 28 minutes wasted.
President Mugabe recently gave his annual State of the Nation Address and Cathy Buckle couldn’t help but wonder if they live in the same country.
Nigeria loses shine: Dithers on Naira, forex trapped, airlines pulling out.
The capital controls in Nigeria have sent investors fleeing and the black-market exchange rate has plummeted to 350 as the dollar scarcity has worsened.