While the economic outlook in Zimbabwe remains uncertain on the back of local and global headwinds, Piggy believes that the are indeed pockets of opportunity in certain sectors. One area that is evident is the surging demand for houses. There is a clear preference for affordable suburban homes within the general populace. In fact, land barons have been making killing, particularly in urban areas. In many cases, rogue land barons have taken advantage of the circumstances and haphazardly demarcated and sold pieces of land, some smaller than the stipulated minimum size of 70 square meters. The de ..read more

State-owned enterprises have long provided crucial infrastructure, goods, and services across different economic sectors in Zimbabwe. At their peak, Parastatals and State-Owned Enterprises (SOEs) formed the engine of the Zimbabwean economy with a combined contribution of c40% to the Gross Domestic Product (GDP). Historically, these companies raised money directly from governments, or with the benefit of government guarantees. Increasingly, however, state-owned enterprises are accessing commercial financing not backed by any sovereign guarantee – leaving private equity or debt investors exposed ..read more

One great discussion topic and area of study has to do with defining exactly what a business is and what its obligations are to society at large and to the many stakeholders (customers, shareholders, employees, suppliers and policy makers) participating in the business environment. For most businesses, the focus has been first and foremost on serving the customer. For others, the focus is on the shareholder. More recently, we have seen a broadening of the discussion to recognize the importance of multiple stakeholders and the need to promote social, environmental, and financial value.  In ..read more

Piggy attended the Zimbabwe Association of Pension Funds (ZAPF) Conference that was held in Nyanga. The theme of the conference was; “Closing the Savings Gap – Restoration of Confidence in the Pensions Industry”. The conference covered critical topics affecting the industry and Piggy was particularly intrigued by the discussion topic titled, “Saving in a Weak Economy”. The paper was presented by Shepherd Fungura; the Group Chief Executive Officer of ZB Financial Holdings. As highlighted during the discussion, a weak economy is one in which growth is slow or negligible in macroeconomic terms. T ..read more

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Since dating can be stressful, there is the possibility of humor to try to reduce tensions. In a new study published in the Proceedings of the National Academy of Sciences, Rosenfeld found that heterosexual couples are more likely to meet a romantic partner online than through personal contacts and connections. Since 1940, traditional ways of meeting partners – through family, in church and in the neighborhood – have all been in decline, Rosenfeld said. The company has said that this app is single, progressive and specially designed for the Gen Z market. So it’s taken that pressure off, this h ..read more

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Several economists contend that economic integration can improve the welfare of individual countries. Piggy notes that the definition of economic integration encompasses all the different agreements between countries that include the elimination of trade barriers and aligning monetary and fiscal policies which then leads to a more inter-connected global economy. In fact, another term to describe economic integration is globalisation, which simply refers to the inter-connectedness of businesses and trading among countries. In the modern economy, all economies feature a form of a market system ..read more