Not ICT related, but: <br><br>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. <br>
<br>Here's a brief overview of the ZSE performance in the past two years. Not fantastic, but by no means a basket case either: <a href="http://www.africancapitalmarketsnews.com/836/whats-up-on-zimbabwe-stock-exchange/">http://www.africancapitalmarketsnews.com/836/whats-up-on-zimbabwe-stock-exchange/</a><br>
<br>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: <a href="http://blog.imarainvestor.com/2009/12/dollarisation-and-case-for-unbundling.html">http://blog.imarainvestor.com/2009/12/dollarisation-and-case-for-unbundling.html</a><br>
<br><div class="gmail_quote">On 18 February 2011 09:30, waudo siganga <span dir="ltr"><<a href="mailto:emailsignet@mailcan.com" target="_blank">emailsignet@mailcan.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
<div><div style="font-family: Arial; font-size: medium;" dir="ltr"><div>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!</div>
<div>Waudo</div>
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<div>On Fri, 18 Feb 2011 05:20 +0000, "robert yawe" <<a href="mailto:robertyawe@yahoo.co.uk" target="_blank">robertyawe@yahoo.co.uk</a>> wrote:</div>
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<div style="font-family: "times new roman","new york",times,serif; color: black; font-size: 12pt;">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.</div>
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<div><span style="font-size: medium;">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.</span></div>
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<div><span style="font-size: medium;"></span><span>Lets appreciate the fact that Safaricom at least allows us to share in their profits through dividend as shareholders. </span></div>
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<div><span>Regards<br>
</span><span style="font-size: medium;"> </span></div>
<span style="font-size: medium;">Robert Yawe</span><br>
<span style="font-size: medium;">KAY System Technologies Ltd</span><br>
<span style="font-size: medium;">Phoenix House, 6th Floor</span><br>
<span style="font-size: medium;">P O Box 55806 Nairobi, 00200</span><br>
<span style="font-size: medium;">Kenya</span><br>
<br>
<div style="font-family: "times new roman","new york",times,serif; color: black; font-size: 12pt;">Tel: +254722511225, +254202010696
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