Walter Chakanyuka 🇿🇼

Finding Purpose!!

[Uncle Tony @antomukuwa]

Avoid living your life with some destination in mind,like if l achieve ABC l will be able to start living,

Embrace the process,the discipline,the chaos,the challenges,the stress that is along the journey!

Someone was saying if l finish building my house haaaa will now be happy,wangu when you finish there will be school fees etc

Live life everyday,right where you are at,find what makes you tick and add more it to your routine now don’t wait for some big money bcz it might never come and you miss out on life!

Was reminded of this yesterday by @damsongeorge

[The Herald Zimbabwe @HeraldZimbabwe]

Williams opens up on T20 World Cup qualifier withdrawal
https://t.co/bZ5IxhqWdk

[Formula 1 @F1]

Max and Lewis going wheel to wheel down the main straight 😮

#F1 #ItalianGP

[30MinuteMinistries ✞ @30MinMinistries]

When God answers that one prayer….😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭

[Ballon d'Or @ballondor]

Leo Messi announces the most difficult decision of his career: "I have nothing left to give." 🥺🇦🇷⬇️

#ballondor #messi #argentina
https://t.co/1HKlMjh5Xj

[Kalshi FC @KalshiFC]

🚨🚨🥹 Leo Messi posted this video on IG:

[263Chat.com 🇿🇼 @263Chat]

Hilarious moment when President @edmnangagwa was taught to CLOCK IT by @RuvhenekoP.
Video by @rorystudios

[B/R Football @brfootball]

🚨 LEO MESSI ANNOUNCES HIS RETIREMENT FROM INTERNATIONAL FOOTBALL 🚨

The end of an era like no other 👑🇦🇷

[Sky Sports Football @SkyFootball]

Lionel Messi's statement announcing his retirement from international football 🇦🇷📝

[Beverley Mudawarima @Bevnashe]

I hope this week,
life is kind to you.
the heavy things feel lighter.
The right doors open.
and something small reminds you
that good things can still happen.

Happy new week

[Chelsea FC @ChelseaFC]

Front three. ⚠️

#CFC | #CHEBHA

[Chelsea FC @ChelseaFC]

3 points! 🙌

#CFC | #CHEBHA

[Premier League @premierleague]

Special stuff from Cole Palmer 🥶

Chelsea lead Brighton 4-2 🔵

[Premier League @premierleague]

Chelsea are quick out of the blocks again 💨

[Zimbabwe Cricket @ZimCricketv]

Here's a look at our Playing XI versus South Africa ✍️

#FNBT20TriSeries #SAvZIM

[Zimbabwe Cricket @ZimCricketv]

It’s matchday! 🔥

We take on Proteas men in our opening match of the T20I tri-series at Namibia Cricket Ground, Windhoek.

The match starts at 14.00 (Zimbabwe time)

#FNBT20TriSeries #SAvZIM

[Robert Greene @RobertGreene]

In our first years, we are sponges, absorbing deeply the energy, style, and ideas of our parents and teachers.

We learn the language, certain essential values, ways of thinking, and how to function among people.

It is here that we are slowly inculcated with the culture of the time.

[Beverley Mudawarima @Bevnashe]

Every giant in the Bible was defeated by someone who simply believed God was bigger.
You have that same God.

[FC Barcelona @FCBarcelona]

VICTORY ✅

[Tinashe @baba_nyenyedzi]

Road to Monocurrency; from my vantage

On the road to mono-currency, the RBZ has developed its own self-assessed roadmap and milestones. On the face of it, these look credible. But that is not necessarily how markets and other stakeholders will determine whether Zimbabwe is ready for mono-currency. Ultimately, credibility cannot be self certified.

That is why, for example, we have independent credit rating agencies assessing countries and their debt issuances. A country cannot dictate to the market the interest rate and tenor at which investors should buy its debt. The market prices the risk. The RBZ must remember the same principle when thinking about mono-currency.

Mono-currency cannot simply be forced into existence. Single digit inflation is laudable, but it needs to persist through several annual cycles before markets regard it as durable. It is also worrying when money supply is growing at nearly 60%. Never mind that a significant portion of this liquidity is being coercively withdrawn from the market through zero-interest NNCDs and the 30% export surrender proceeds that remain unpaid. This is occurring in a financial system which, by the RBZ’s own admission, remains roughly 80% dollarised, while dollarisation across the broader economy is probably closer to 90%.

The real test for mono-currency will come when the RBZ and Treasury finally accept the discipline of a robust, market-driven domestic debt market. Treasury should operate on a proper accrual accounting basis, with its arrears and other obligations transparently recognised and ultimately represented by securities whose prices and yields are determined by the market.

Treasury must be able to issue ZiG-denominated Treasury bills and bonds that banks, pension funds and eventually international investors are willing to buy because the instruments are correctly priced, not because institutions are compelled to hold them. The RBZ must establish the conditions for a credible ZiG yield curve extending not merely six months or a year, but ultimately towards 10 and 20 years. More importantly, that market must function consistently for several years so investors become confident that its rules will be respected.

This requires Treasury and the RBZ to work together. Monetary stability cannot be credible if fiscal liabilities remain opaque, while fiscal credibility cannot develop without a functioning monetary and debt market. When Zimbabwe has a deep, voluntary and properly priced market for long-term ZiG debt, we will have a much stronger signal that trust and confidence in the currency have returned.

That, rather than a self-assessed checklist, will tell us when Zimbabwe is genuinely ready for mono-currency.