MUTAPA INVESTS US$18.9 MILLION IN FERTILISER REVIVAL.
Mutapa Investment Fund CEO Dr John Mangudya said the Fund injected US$13.6 million into Sable Chemicals and US$5.3 million into Dorowa Mine to strengthen local fertiliser production.
Speaking at the Zimbabwe National Defence University in Harare, he said Sable’s refurbishment was 97% complete, while Dorowa had resumed basal fertiliser production, with annual capacity expanded to 80,000–100,000 tonnes from 15,000 tonnes.
This👇🏽 CBZ Bank advert is a clear snapshot of the silent revolution underway in Zimbabwe’s financial system under President @edmnangagwa.
“Tenga mota yako ne USD250.00 pa Mwedzi” is not just marketing fluff, it is evidence that local banks now have the capacity and confidence to extend medium-term asset finance in hard currency to ordinary citizens.
Monthly instalments from US$250, repayment over up to five years, and comprehensive insurance cover for popular, practical vehicles (Nissan Note, Toyota Vitz, Toyota Aqua, Honda Fit) mean a teacher, civil servant, small business owner or young professional can realistically own a reliable car without waiting for a cash windfall.
This only becomes possible under conditions of relative currency stability and reduced lending risk. When money sits under pillows or flees offshore, banks cannot play their role!. When deposits and confidence return, institutions like @CBZHoldings can move from pure survival to funding both big-ticket infrastructure (as seen with their recent infrastructure bond) and everyday productive assets. Vehicle ownership is not mere consumption especially in developing countries; it expands mobility, supports small enterprises, raises productivity and feeds further demand across the economy.
President Mnangagwa’s consistent message that Nyika inovakwa nevene vayo is being translated into practical economics. Local banks financing local people to acquire local-market vehicles is soft indigenisation in action. It reduces dependence on external financing for basic asset accumulation and demonstrates that Zimbabwean capital markets are beginning to serve Zimbabweans. The inclusion of comprehensive insurance further de-risks the transaction for both borrower and lender, reinforcing a more mature credit culture.
For those still focused only on negatives, this advert is a wake up call. It shows a functioning financial sector responding to real demand in a multi-currency environment that has become more predictable.
I pray one day if Zimbabwe decides to build a skyscraper that they consider my Chipembere Towers project 45 floor of pentouse and luxury apartments, hotel, mall, restaurants, viewing deck and hosting the Southern African Stock Exchange or a #COMESA stock exchange
Africa’s Best-Performing Stock Markets in 2026
1. 🇿🇼 Zimbabwe: +71%
2. 🇹🇿 Tanzania: +66%
3. 🇬🇭 Ghana: +62%
4. 🇺🇬 Uganda: +63%
5. 🇳🇬 Nigeria: +59%
6. BRVM (West Africa): +55%
7. 🇷🇼 Rwanda: +45%
8. 🇹🇳 Tunisia: +39%
9. 🇰🇪 Kenya: +29%
10. 🇪🇬 Egypt: +25%
Zimbabwe and Tanzania have recorded the strongest local-currency gains among these markets. Nigeria stands out in USD terms, returning around 75% as of mid-October.
Meanwhile, South Africa’s JSE All Share Index was down about 4% YTD.
BREAKING: 🇺🇸 Bank of America crashes over -8% as it was fined $1.2 billion for money laundering by the US Treasury.
It failed to report more than $5 billion in suspicious activity to the government, including $1 billion linked to national security risks.
Q3 earnings also missed investor expectations, with yearly net income down 16%.
$BAC is now down more than 22% over the last 1 month.
Trading is a game of self-mastery.
The charts expose everything.
Your greed.
Your fear.
Your impatience.
Your ego.
You can have the perfect strategy and still lose if you can’t control yourself.
Master the trader, and the trading gets simpler.
@Cde_Ostallos Truth hates my bro, you did throw shade at your boss Chamisa but anyways, dead opposition can't talk, no spokesperson, no party, no constitution.Dismally failing. I still think you can make a great opposition that is focussed, but don't follow Chamisa's ways, you are grt guy.
Life as a trader is hard, l have understood that I don't have to send all my trades to make people happy or disappointed.
Concentrating on the hustle is more important than sending wins or loses-
Make money, be humble, stay quiet and follow routine.
⚡️DAILY RECAP⚡️
• 🇺🇸 Fed Minutes show all 19 officials backed September’s rate hike, with most expecting another hike in 2026.
• Global bond yields surge to multi-decade highs.
• 🇷🇺 Russia approves its largest bank, Sberbank, to provide crypto custody services.
• Tom Lee says BitMine will stop buying ETH once it reaches 5% of Ethereum’s total supply.
• 🇰🇿 Tether partners with Kazakhstan’s central bank to explore stablecoins and bringing real-world assets on-chain.
• 🇺🇸 $2.3 trillion Wells Fargo in talks with Kraken parent Payward to provide liquidity for crypto trading.
• 🇺🇸 Eric Trump says AI growth will benefit crypto as AI agents increasingly use stablecoins for payments.
• 🇨🇳 China adds 740,000 oz of gold to reserves, its largest monthly increase in 3 years, while its US Treasury holdings stand at their lowest level since 2008.