Read this with pride and sadness. Our platforms have done well to make our people wealthier and we are proud of it. With sadness because I know a lot of our people are not participating including some of those reading this message
Was speaking to a friend yesterday. He argued that we can use our multi currency base to dominate Africa. I also agree with him. What we have is admired by other people. We can build on it
@BinLadenGully Yes @NedbankZimbabwe you can deposit
Harare - Jason Moyo branch in town, Greenfields & Borrowdale Samy Levy’s
Out of Harare
Mutare
Bulawayo - JMN branch
Today I gave a seminar on crops indigenous to Sub-Saharan Africa and their potential role in resilient food systems 🤓
Of course, with my star legume Bambara groundnut (Indlubu/nyimo/roundnuts) 😁
[We are getting that funding! 🤸♀️]
1/11 To understand business in Zimbabwe, you need to understand Delta Corporation, the country’s largest listed company and one of the few companies with over $1 billion in revenue.
Delta’s recent results reveal so much about the Zimbabwean economy, business operations, taxation, and what 2026 is going to look like that we will need to split these posts into a series.
Here is Part 1: Billions in Revenue, Strong Performance, but Two Big Risks.
Let’s Unpack!
In a move that signals a tectonic shift in the Zimbabwean financial landscape, InnBucks MicroBank has announced a strategic partnership with retail giant TM Pick n Pay.
Full story on:
https://t.co/mexB8JbAjg
Congratulations to our Group President and CEO, Ralph Mupita, on his appointment to the Fertilizer and Petrochemicals leadership team at @DangoteGroup Industries and to the board of Dangote Fertiliser.
This appointment reflects our shared commitment to Africa’s long-term progress.
We appreciate the confidence placed in his leadership and wish him every success in this role.
Read more: https://t.co/0sLDvz1zgS
#DoingGoodTogether
10/10 Thanks for reading!
I write on the finance & strategy behind the most important companies in Africa and the World.
Follow me @tmukogo for more.
Please comment on / repost the below tweet! I would love to get your feedback!
My immediate reflections on the budget focus on three areas
1. The proposed 10 percent gold royalty is the most damaging element of the budget.
It enriches the Zvigananda placing an impossible burden on the small scale producers who keep formal deliveries alive. Government has been repeatedly warned that when the tax take becomes excessive, small scale miners simply divert output to buyers who do not operate within the formal system. A high royalty does not raise revenue. It accelerates smuggling, weakens Fidelity deliveries, and shifts control of the gold ecosystem to informal networks. Heavy extraction works on corporates not on thousands of small operators who can switch off the formal tap in a day.
2. The strongest most laudable reform in the budget is the opening of the regulatory space for gold backed private sector led instruments.
Allowing the market to develop gold backed digital units, settlement tokens and exchange traded products is a strategic breakthrough. Eg In the form of stablecoins. It reduces the cost of remittances, lowers friction on cross border payments and provides a workaround for correspondent banking constraints that have choked the financial system for years. If implemented well, this creates a parallel rail of settlement that is low cost, secure and less vulnerable to external bank de-risking.
3. Tax revenue growth looks strong on paper but fails the real economy test.
ZiG revenues rise from 215.7 billion in 2025 to 287.6 billion in 2026, yet this increase trails average inflation for the period. The arithmetic looks healthy, but the purchasing power of those revenues is falling. Hence why the minister is perpertuallly increasing taxes. The Minister highlights a nominal GDP of about US$52 billion for 2025, but the inflation adjusted size of the economy tells a different story. Real expansion is weaker than the headline figures suggest. This is why policy attention needs to shift from nominal aggregates to the underlying Real output, real incomes and real competitiveness are what determine whether the Treasury has durable revenue or only inflated numbers.
Be sure to join us on Friday Drinks for greater analysis.
Ps. What say you to those that said the minister will never come after makorokoza?
Holding the defensive line takes strength, discipline, and unity. The same values our Defence Forces live by every day. On this Defence Forces Day, we honour the brave men and women who protect our borders like a team defends its try line.
#Nedbank#SeeMoneyDifferently
The battle of 2 African QSR giants
Founded
Chicken Inn: 1987
Hungry Lion: 1997
Locations inc franchise
C.I. - 200
H.L. - 500
They both have a presence in the SSA region.
Chicken Inn is a household brand in Zim, will the hungry lion not feed on grass?