Online Reporter
Zimpapers News hub
A Bulawayo-based forex trading academy is rapidly emerging as a force in financial education, earning recognition both locally and internationally while helping hundreds of aspiring traders unlock alternative income streams through the global foreign exchange market.
Founded by entrepreneur and forex trader Sicoco Moyo, Kingena Forex Academy has grown from a small training initiative into an award-winning institution that is equipping Zimbabweans with practical skills to participate in one of the world’s largest financial markets.
The academy’s rise recently received a major boost after it won the Best Rising Titan Award from international forex broker Octa, an accolade that acknowledges its growing influence and impact in the trading industry.
For Moyo, the recognition is not merely about accolades but about validating a vision centred on financial empowerment.
“We teach people how to trade forex and help polish their skills until they can trade independently. Our goal is financial freedom. At the end of the day, everyone should be able to create opportunities to make money for themselves,” he said.
Operating from Bulawayo, Kingena Forex Academy offers both physical and online training programmes, allowing participants from across Zimbabwe to access forex education regardless of their location.
The academy combines classroom instruction with practical market exposure through live trading sessions where students observe and analyse real market movements.
Forex trading involves buying and selling currencies on the international market in anticipation of changes in value. While often viewed as a complex industry, Moyo believes education is the key to helping traders navigate the market responsibly.
“Forex trading is a business. Like any business, it requires knowledge, discipline and risk management. Many people lose money because they enter the market without proper training. Our role is to teach the dynamics of trading and risk management so that individuals make informed decisions,” he said.
As interest in digital finance and alternative income opportunities continues to grow, the academy has attracted a diverse range of students, including youths, entrepreneurs and professionals seeking to diversify their sources of income.
Beyond the classroom, Kingena Forex Academy has taken its educational programmes across the country through seminars, workshops and mentorship initiatives designed to promote financial literacy.
The academy is now turning its attention to women empowerment through a landmark event dubbed the Queens of Wealth Forex Summit, scheduled for July 4 in Bulawayo.
The free summit will exclusively target women and aims to equip them with knowledge, confidence and practical skills to participate in forex trading and other financial markets.
“We realised that many women are interested in financial independence but often lack access to information and mentorship. The Queens of Wealth Forex Summit is designed to bridge that gap and create a platform where women can learn, network and gain practical trading knowledge,” said Moyo.
The summit is expected to attract leading traders and financial educators from outside Zimbabwe, providing participants with exposure to international perspectives and industry best practices.
The initiative comes at a time when women across Africa are increasingly embracing entrepreneurship and digital financial opportunities as pathways to economic empowerment.
“We want people to understand that financial education is power. When people acquire the right knowledge and skills, they can create opportunities for themselves and their families. That is the impact we want to make,” he said.
