@croc_mar id say he engineered a risky financial transaction at a good price and good terms, he knew he was on borrowed time so he created a system that would survive that storm but then they took it all before he was done
this is so mistaken and dangerous because i dont think people get the full picture of how the PMGs actually work, the processing would need the MIF to raise insane amounts of capital they dont have, so unless its developing local refinaries not taking the mines themselves
I consider this documentary on @zimplats & @Implats to be @matinyarare’s best documentary to date, unlike that Rwanda/M23 propaganda he was peddling.
Clearly @Implats has been extracting high value minerals (PGMs) for a long time, shipping it to South Africa, developing South Africa while the South Africans mock our people while they benefit from our resources.
There is nothing much to show for @zimplats perennial extraction of a base metal that’s also a precious metal. Ngezi remains a back water.
This is certainly not right. We are not doing right by our people and not doing right by our country.
Way back in 2016, Chinamasa put a policy that a refinery must be built in Zimbabwe by all the companies mining platinum. This has been pushed back and has never happened for 10 years now. Zimplats, Mimosa, Anglo American, Karo etc must now be forced to build the platinum refinery here in Zimbabwe.
The dumb situation of exporting PGM matte to South Africa must end now.
These companies like @zimplats employ clever blacks like Mhembere & previously anaBusi Chindove who hardly fight for this country so long as they earn USD.
As a matter of fact, Mutapa Sovereign Wealth Fund must acquire all these platinum mines so that they benefit Zimbabwe. Platinum is to Zimbabwe what oil is to Saudi Arabia.
Why ten years on are we allowing the export of PGM matte to South Africa?
When are we going to end this nonsense? Are we not behaving like Botswana that is now planning to buy De Beers when the horse has already bolted?
Why are we as a people so comfortable with scarcity in the midst of plenty?
Sydney Mufamadi, Nicolaas Muller, Meroonisha Kerber, Thandeka Mgoduso, Zacharias Swanepoel are enjoying Zimplats money from SA. Alexander Mhembere, Patricia Zvandasara, Segula and others earn perks including high end SUVs, fine - But what about our people?
How is it that these people are way too comfortable that they can’t even invest in waste management and pollute the environment this much? Why do we allow this company to privatise profits and socialize costs? Our policies are creating a moral hazard.
Zimplats is a very good candidate for takeover by MIF because it will serve our country much better than this questionable extraction model they are running for the benefit of South Africa.
If I was President that would be priority number one for 2026 - taking over Zimplats and housing it under Mutapa Investment Fund. It’s our wealth they are carting to South Africa anyway, a country that has been harassing and ill-treating our people in some cases.
https://t.co/c52Yz6tLeo
free market capitalism is associated with companies that put chalk in milk to make it last longer, or drug companies that got millions addicted to opiods for more money or.... theres so much much more but people always want to communism bad free market good.
The problem with Africa is that its leadership was sponsored and indoctrinated by communists for the most part.
Especially the Soviets & Maoist, the worst offenders in the table below.
Unfortunately free market capitalism is associated with the colonisers, and is not trusted.
Argentina's libertarian US puppet President Javier Milei insisted that all he had to do was gut the government and slash social spending, and foreign direct investment (FDI) would automatically flow in and revive the economy, like magic.
He has totally FAILED.
In reality, Argentina has less FDI than any other major economy in the region.
In 2025, there was just $3.1 billion of FDI in Argentina, compared to $77 billion in Brazil, $40B in Mexico, and $11B in Colombia -- which are all governed by left-wing governments that Milei has attacked.
Even the small country of Costa Rica had more FDI than Argentina.
(I personally don't think the level of FDI is a good metric to measure how well an economy is doing. But Milei and his libertarian pals do think it is, and the data shows how absurd their ideology is.)
BREAKING: Zimbabwe and Invictus Energy have signed a historic Petroleum Production Sharing Agreement (PPSA), paving the way for the country’s first commercial oil and gas development in the Cabora Bassa Basin.
Story>> https://t.co/8Dhci0IQwr
Dr. Tungwarara told you his version. Let me tell you mine...
He is accurate. The moment I saw his face on that call, I apologized. I want that on record — not because he is asking me to say it, but because a man who cannot apologize directly when he is wrong is not a man worth listening to on anything else. Ndatsurwa na Baba vangu mostly for dragging his daughter; this I shall adress seperately.
The Ambassador is my spiritual father and was not having it, he wanted me to stop.
What I want to add is the part only I can tell.
I came into this fight carrying information that turned out to be incomplete not false. The thing that moved me to step in — the event I believed had gone unaddressed — had already been resolved was a tarnishing of my spiritual father. @paultungwarara and Ambassador Angel had dealt with it between themselves, privately, long before I arrived with fire. I did not know that because I had not consulted either. When I found out this morning, it reframed everything.
I was not wrong to care. I was working with a partial picture.
To my friends — verify the current state of the war before you march. I did not and that is on me.
What I also owe Dr. Tungwarara publicly — beyond the apology for the daughter, which stands and which I have already spoken to — is this: the man operates at a level that commands respect. Presidential mandates. Investment pipelines. Rooms most people never enter.
You do not build what he has built by being careless with your word or your relationships. The fact that he and Ambassador Angel never stopped working together, never stopped collaborating on what matters for this country — that tells you something about where his real priorities sit.
I had turned him into a character. He is not a character. He is a principal.
Ambassador Angel forced this conversation and I am grateful. He did not have to spend his credibility. That is what men of genuine stature do — they interrupt drama to preserve what is actually important.
The work of attracting investment to Zimbabwe, of defending this country's story at the highest levels, of supporting the President's vision in the rooms where it needs defending — that work does not need the noise I generated. Dr. Tungwarara understood that before this morning. I understand it now.
Until next time. Head bowed
@BgoniJustin@FPRI I think that to grow futher retail needs to be a bigger factor and pushing more on socials and educating folks how to open accounts and invest, from what i have seen that still needs work on your platforms, id love to partner up with you guys to develop great content and traffic
Hello, sorry to hear about your health scare, im working on this story to get to the bottom of the issue, folks say you scammed them and your company doesnt respond at all or on time or rudely, i want to know what you say. Please respond to dm, we air next month.
Being an actuary is about calculating risk from a desk
Being a founder is living through it wearing boots on the ground
In 2024 we were in the worst drought in 40 years. I stood on a patch of dust at the farm that should have been green
A close friend and business partner resigned with immediate effect - no warning. And my heart was failing
We will NEVER reindustrialise when our banks r doing real estate development instead of financing local industry to retool and compete with SA Cos and limit imports @baba_nyenyedzi@rufarogz@bla_bidza@gift_mugano@matigary
𝗦𝗵𝗼𝗰𝗸 𝗮𝘀 𝗢𝗞 𝗭𝗶𝗺𝗯𝗮𝗯𝘄𝗲, 𝘄𝗵𝗶𝗰𝗵 𝗶𝘀 𝗰𝘂𝗿𝗿𝗲𝗻𝘁𝗹𝘆 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 under corporate rescue, has suspended its employee payroll to "facilitate recovery."
The retail giant is basically asking its staff to work for free. We are highly sceptical of this plan, which is as bizarre as it is unfair. While the supermarket chain is indeed in deep trouble, this move highlights a darker side of local corporate culture:
* 𝗟𝗮𝗯𝗼𝘂𝗿 𝗘𝘅𝗽𝗹𝗼𝗶𝘁𝗮𝘁𝗶𝗼𝗻: Big companies in Zimbabwe exploit the fact that the unemployment rate is extremely high. Management knows desperate workers will endure unpaid labour just to avoid losing their jobs entirely.
* 𝗧𝗵𝗲 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗗𝗶𝘃𝗶𝗱𝗲: The same executives who splash massive bonuses on themselves during the good years cannot seriously expect ordinary shop-floor workers to bear the brunt of a collapse.
Forcing staff to work under a total salary freeze pushes the burden of institutional failure directly onto families who can least afford it. 🛒📉
Can a retail giant seriously expect to turn things around with an entirely unpaid workforce?
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#Zimbabwe #OKZimbabwe #CorporateRescue #LabourRights #Zimpricecheck
@baba_nyenyedzi their only path to security is the enrichment, its the only deterent they can have to secure themselves, washington deals are no longer worth the treasury bills they are written on