Where will returns come from?

This is the foremost question majority of institutional and individual investors is asking about the Zimbabwean equity market. To the extent that investors should not confuse GDP growth with equity growth; they should too not confuse slowing GDP growth with equity tagnation / contraction. Our research findings tell us that even with slowing economic growth, some companies have registered significant growth rates intheir earnings. In our view investors who are forecasting a stagnation in the economy for 2015 should not be quick to write off equities.

Download Report