Sunday, September 22, 2024

EXCERPTS FROM MARKZ: ABOUT THE ZIM BOND ESCHANGE FUNDS, 22 SEPT


MZ: Let's talk about Zim first. Many people are still wondering if it will be worth it or not. What are the expectations and what do I understand about it?.


MZ: Know that ZIG, the gold-backed Zimbabwe currency, is very different from the Zimbabwean farm cheques and banknotes that most of us have.


MZ: I understand that Zimbabwe's bond exchange funds are from humanitarian funds. Since it's taken so long, these funds have been generating interest.. and they're like a modern day prosperity package.


MZ: This does not mean that all the exchange funds have to be allocated to humanitarian projects.

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