Making Gold Ownership For Everyone With the Blockchain

Making Gold Ownership For Everyone With the Blockchain | Terence Zimwara Image Credit: Getty Images   Gold is a highly sought after precious metal, with both ordinary people and governments vying to get their hands on it. Logically, it should be available to everyone since it also occurs naturally yet the reality is that only …

Digital Currencies: Zimbabwe Must Embrace The Inevitable

Zimbabwe Must Embrace The Inevitable | Terence Zimwara   The very idea that digital currencies like bitcoin can be used as currency for everyday transactions seems farfetched for some. There are many ways this cannot work opponents argue. For starters, there is an argument often put forward that Zimbabwe’s internet penetration levels and level of sophistication …

Here Is The Reason Why Zimbabwe Prioritizes Remittances

Why Zimbabwe Prioritizes Remittances |Terence Zimwara     The global pandemic, COVID 19 will count as one of the most consequential events for the coming decade. Not only has it brought grief but it spawned global chaos on a scale perhaps last seen during World War 2. Economies were voluntarily shut down as clueless leaders …

Using Technology To Revolutionize The Insurance Industry

Terence Zimwara   A surreal story of three Zimbabwe men who stole a corpse and burnt it to make it look like a road traffic accident made headlines. The men hatched a plan to defraud a life assurer in one of the most daring and sensational stories of insurance fraud. The trio was eventually caught but not …

Time To Digitize The Zimbabwe Dollar

Time to digitize the Zimbabwe dollar | Terence Zimwara       Zimbabwe is on the cusp of another cataclysmic currency collapse. Reports are spreading that merchants and foreign currency traders are now rejecting lower denomination banknotes. When Zimbabwe went through similar economic conditions between 2004 and 2008, lower denomination banknotes immediately made way for higher-value …

Zimbabwe’s New $20 Banknote, Same Difference

Zimbabwe’s New $20 Banknote | Terence Zimwara New $20 Banknote and $10 Banknote     When the $10 banknote hit the streets a few weeks ago, parallel market exchange rates plummeted from Zwl $55 to its current range of between 65 and 70 for every one American dollar. This rate is nearly three times the official …