Why Invest on the JSE?
For anyone in Africa, the JSE is the most liquid stock market with reasonable growth across many sectors, it attracts a lot of foreign investors. So this is the place where one can look to grow their retirement savings or start building wealth. 1/7
For anyone in Africa, the JSE is the most liquid stock market with reasonable growth across many sectors, it attracts a lot of foreign investors. So this is the place where one can look to grow their retirement savings or start building wealth. 1/7
Specific to🇿🇼, we have currency cycles that destroy purchasing power, if you are going to set aside money without losing it, the JSE can provide peace of mind. You routinely invest what you save away from the volatile currency regime & grow where ZSE remains stagnant. 2/7
Zimbabwe has financial flow restrictions e.g. PayPal & Bitcoin aren't easy to transact. Investing on the JSE allows you to live in Zimbabwe but still be able move funds between countries or pay for services that require forex without much hassle. 3/7
Movements on the JSE shares range between 3-5% intraday, this is sufficient volatility to use the JSE as a second stream of income. Imagine a Teacher in Zimbabwe making R800 ($50) side income per week. That's potentially life changing in Zimbabwean economic context. 4/7
Once you establish yourself on the JSE you will then make it gateway to international markets. South African investing platforms allow one to invest in USA or Australia much easier than from anywhere else on the African continent. This you do in one investing account. 5/7
Zimbabwe routinely suffers shortage of essentials like medicine or food along with access to cash. Through investing on JSE it's possible to form grocery associations such that your consumption isn't affected by where you are. You do bulk purchases & incur lower courier fees. 6/7
Perhaps one day you want to emigrate to SA or USA, having a portfolio makes it easy to get the right papers. Even those who dream of sending their children to good universities, through investing on the JSE you make the process easier to plan, so make the most of this market. 7/7
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