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Zimbabwe has announced the discovery of potential oil and gas deposits in the north of the country. ( Muzarabani district ) --------------------------------------- https://www.bbc.com/news/world-africa-46065056

Zimbabwe starts to look at it own Paradox? Plenty of Fresh River Water? But not plenty of food to eat or Export for Foreign Currency ? Keep in mind Venezuela has its own Paradox ? Plenty of Petrol ? But not plenty of Food to eat or Export for Foreign Currency ? -------------------------- At the...

Zimbabwe's New Rising Star, Professor Mthuli Ncube has reportedly said that American investors are showing interest in the Southern African country, following a meeting with them in New York ------------------------------------------ "At the oversubscribed Zimbabwe investor forum, over 100...

International Monetary Fund estimates that Venezuela’s man-made disaster has resulted in the nation’s CURRENCY to lose 99.7 per cent of its value from the start of 2012 to the end of 2016 ? ---------------------------- It was the same man-made disaster story in Zimbabwe ? Only the order of...

Turkey is banning the use of foreign currencies in the country's PROPERTY MARKET ? As it looks to stem the dramatic fall of its own currency, the lira ? ------------------------------ Turkey issued a decree on Thursday ? Announcing that contracts for sales, rent and leasing must in future be...

Turkey moves away from foreign currencies in the country's property market as it looks to stem dramatic fall of its own currency. Turkey issued a decree on Thursday announcing that contracts for sales, rent and leasing MUST in future be MADE made IN TURKISH LIRA...

“We WANT to BUILD new PARTNERSHIP with AFRICA.” Jean-Claude Juncker, EuroParliament ---------------------------- STRASBOURG (Reuters) - European Commission President Jean-Claude Juncker delivered his annual State of the Union address to the European Parliament in Strasbourg on Wednesday...

Professor Mthuli Ncube may explore three options: Either Zimbabwe JOINS the South African RAND UNION; Uses ONLY the U.S. dollar while REMOVING bond notes from circulation, or REINTRODUCES the Zimbabwean dollar. ( Zimbabwe News September 9, 2018 / 6:36 PM ) -------------------------------- With...

Keep in mind, traders wanting to trade the South African Rand, may now do so by clicking USDZAR on their trading platforms ? ( see more on South Africa below ) ------------------------------------- “The opportunity in e-commerce in Africa lies in the fact that Africa is lacking logistics...

Zimbabwe. Professor Mthuli Ncube. Over Time We Have To Bring Back The Zimbabwe Dollar ? ( See below an excerpt of the Professor Thuli Cube article ) ---------------------------- What I would argue now is that we remove the bond notes currency because it is becoming a surrogate currency to the...

Venezuela announces EASING of CURRENCY CONTROLS ? September 8, 2018 / 9:37 PM ---------------------------- CARACAS (Reuters) - Venezuela on Saturday eased 15-year-old currency controls, decreeing that private banks and exchange houses are ALLOWED to now SELL dollars...

What can Africa learn from Venezuela’s paradox ? The paradox is Venezuela’s People are hungry ? But farmers can’t feed them ? ------------------------------ Outside the capital of Caracas in the countryside of Venezuela, there’s everything a farmer needs ? Fertile land, water, sunshine and the...

Zimbabwe. Professor Mthuli Ncube. New Finance Minister ============ Over Time We Have To Bring Back The Zim Dollar: Professor Mthuli Ncube. 5 Ways To Kickstart Zimbabwe’s Economic Recovery ? TayanaAugust 30, 2018 ? --------------------------------------------...

GBP/ZAR holding onto Rand 19.48 level -------------------------------------------------------- USD/ZAR now at Rand 15.20 and just below overhead resistance of Rand 15.28

Venezuela cut 5 zeros from its currency ? Then 16 days later ? Latin America nations hold crisis summit amid Venezuela exodus ? ---------------------- On Monday 20th August 2018 Venezuela cut 5 zeros from its currency called the Bolivar ? ...

If the plunge in the value of the Turkish lira results in an increase in foreign investor buying in Turkey with possible interest coming from Gulf countries etc... ? What effect, if any will this have on the USD/TRY pair ? Keep in mind there has been a 40 percent depreciation of the local...

Could the plunge in the value of the Turkish lira result in foreign investor buying Istanbul apartments, with possible interest coming from Gulf countries etc... ? ------------------------------------------- Investors from the region may start to see value in Istanbul apartments after the near...

Breaking News...The Turkish lira is significantly below fair value at the moment and may strengthen ? Fair value for the Turkish lira, based on macroeconomic fundamentals, “is somewhere around 5 to 5.50” to the dollar ? The lira was trading around 6.05 to the dollar on Wednesday after hitting a...