@nickmangwana There is nothing anchored there, the exchange rate is fixed, and it moves when M.O.F wants it to move. ZiGy - Gold Relationship is a scattered one...
1/23 Simbisa Brands: A cash printing machine.
A good Cash Conversion Ratio, which measures a business's ability to turn profit into cash, is typically anything above 1.0. Simbisa Brands has a Cash Conversion Ratio of 2.6 based on its latest results.
For comparison, Innscor and Delta, both companies that are performing well, have cash conversion ratios of 1.0 and 1.8, respectively.
Simbisa is doing what most companies struggle with: turning profits into lots of cash.
Here’s how—and why investors should take notice.
Let's Unpack!🧵 THREAD 🧵
A thread on Burkina Faso's 🇧🇫 President Ibrahim Traore, 37, and his leadership after two years since the coup🧵
1. In 2024, President Traoré launched the Postal Bank of Burkina Faso with a capital of approximately $25 million & the Treasury Deposit Bank.
@nickmangwana Verengai ma verse ese musagumire panzira. Verse 13 “For rulers are not a terror to good works, but to the evil.
There is a condition for honoring those in authority.
IF THEY DON'T TERRORISE THOSE THAT DO GOOD,
how many innocent people were killed by the Zanu Pf gvt since 1980