Not ICT related, but:

Zim has and had plenty of times for shares, and from way back when I was still writing about it, I vaguely remember that many people actually put their money in shares because interest rates were negative thanks to the country's hyperinflation.

Here's a brief overview of the ZSE performance in the past two years. Not fantastic, but by no means a basket case either: http://www.africancapitalmarketsnews.com/836/whats-up-on-zimbabwe-stock-exchange/

Dollarisation had the interesting impact that it uncovered inefficiencies in management, and also rendered a couple of company holdings done purely for cash/forex management purposes ineffective, leading to some corporate unbundling: http://blog.imarainvestor.com/2009/12/dollarisation-and-case-for-unbundling.html

On 18 February 2011 09:30, waudo siganga <emailsignet@mailcan.com> wrote:
Hi Robert - I wonder if Zimbabweans can afford shares. Right now they have no currency and they are using green bucks. The Zimbabwe dollar became so useless that to buy a tomato one needed trillions. It was said that one had to carry money on a wheelburrow and upon coming across robbers one would throw the money away and run off with the wheelburrow because it was more valuable. These guys have no time for shares man!
Waudo
On Fri, 18 Feb 2011 05:20 +0000, "robert yawe" <robertyawe@yahoo.co.uk> wrote:
 
Airtel are in the process of having Celtel Zimbabwe de-listed from the Zimbabwe stock exchange, this might not seem like much but in reality it is a reflection of Airtels profit sharing strategy.

 
The effect of this action is that the common Zimbabweans will not benefit from the profits of the company even though they will have been generated locally.  Instead the government of Mugabe will receive large volumes of money through corporate tax.

Lets appreciate the fact that Safaricom at least allows us to share in their profits through dividend as shareholders.  

Regards
 
Robert Yawe
KAY System Technologies Ltd
Phoenix House, 6th Floor
P O Box 55806 Nairobi, 00200
Kenya

Tel: +254722511225, +254202010696

 
 

_______________________________________________
kictanet mailing list


This message was sent to: emailsignet@mailcan.com
Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/emailsignet%40mailcan.com

_______________________________________________
kictanet mailing list
kictanet@lists.kictanet.or.ke
http://lists.kictanet.or.ke/mailman/listinfo/kictanet

This message was sent to: andrea.bohnstedt@ratio-magazine.com
Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/andrea.bohnstedt%40ratio-magazine.com




--
Andrea Bohnstedt
Publisher
+254 720 960 322

www.ratio-magazine.com
Find/post East Africa careers
Find/post conferences, workshops, trainings, other business events