
ZFN Friday Drinks
@fridaydrinks_ • 8,033 subscribers
https://t.co/7hQyFjovmu
Shorts
Videos

With 76% of Zimbabwe’s economy informal, how is ZIMRA projected to collect a record US$10 billion in revenue in 2026? Rufaro: “Zambia has a US$41.2 billion GDP economy and is far more formalized, yet Zimbabwe collects more tax revenue than they do.” So, how is Zimbabwe achieving higher tax collections despite such a large informal economy? 📽️ In Part 2, Tinashe, Rufaro and George Nheweyembwa examine ZIMRA’s aggressive enforcement and ask: Has tax collection gone too far? Sponsored by Fincent Capital
ZFN Friday Drinks34,480 просмотров • 26 дней назад

📈 The Lasting Legacy of Hyperinflation: Savings built over decades vanish overnight. 🎙️Rufaro: "The central bank is behind the curve in understanding the extent of distrust." "Hyperinflation was traumatic for people. People lost their savings that they had built over decades... Someone had US$200,000 in a bank account, and they woke up a few weeks later, it was worth less than 100 bucks. People don't get over such dramatic losses overnight; it takes decades." Rufaro: "Our last traumatic event, we can date it to September 2024 when the ZiG lost 43% of its value overnight... This is a very fresh wound, it's very much alive in the public's imagination." 📽️ IPAZ (INVESTMENT PROFESSIONAL) 2026 Summer School Conference, Livingstone, Zambia | Tinashe, Rufaro, and Bevin Ngara analyzing Zimbabwe's roadmap to a mono-currency. Building a currency requires rebuilding trust first.
ZFN Friday Drinks39,087 просмотров • 1 месяц назад

Why are mining giants like Zimplats spending $200 million building their own solar plants? "You really do not want Zimplats spending $200 million, which they are doing building solar power plants when they should be expanding their core business and scaling for beneficiation." - Victor Utedzi "That's our job somebody else should do the power. But because we're not attracting long-term international capital fast enough due to currency convertibility issues, it becomes a domestic play." - Victor Utedzi 📈Root Cause (The Macro Bottleneck): Mining giants are forced into self-funding power off their balance sheets because domestic energy developers face barriers in attracting long-term international capital due to currency convertibility and macro risks. 📽️ Watch Victor Utedzi in conversation with Tinashe, Rufaro and guest panelists at the IPAZ (INVESTMENT PROFESSIONAL) 2026 Summer School in Livingstone, Zambia. Highlighting a structural inefficiency in how energy infrastructure is currently financed across Zimbabwe's industrial sector.
ZFN Friday Drinks15,883 просмотров • 1 месяц назад

Where are the dams? 🚩US$700 million of unverified money spent on dam construction. 🚩 US$1.7 billion in outstanding payments remain for the period 2022 to 2024. 🚩 Domestic debt increased by US$900 million between July and September 2025. 📺 Watch as Prof. Gift Mugano asks the important questions: $700 million spent on dams that no one can see — where did the money go? 🎙Join Tinashe, Ranga Makwata and Prof. PROFESSOR GIFT MUGANO (Ph.D) for an in-depth Budget Review. Link: This episode is sponsored by Delta Corporation Limited Zimbabwe – 'Share a Coke' and join the conversation.
ZFN Friday Drinks85,229 просмотров • 10 месяцев назад

Permanent Secretary George Guamatanga's background: After 28 years in banking, he decided to go into cattle breeding. He bought Brahman cattle for breeding and then added 4 dairy cow breeds. The diary farm now has over 3,000 cattle heads, milking 1,600 cows twice daily. 💡Peak: 1 million liters/month (10% of national production) in the winter season. 💡Peak secrets: European breeds: Holstein and Jersey - thrive in Zimbabwe winters. But he warns: Feed = 50-60% of costs - grow pastures. Pastures are key to profits. "You have to grow pastures and then feed the cows predominantly on pastures," highlights Permanent Secretary George Guamatanga. 📺Listen to the full episode as Permanent Secretary George Guamatanga shares his passion as a cattle breeder with Tinashe and Rufaro 🎙Link This episode is sponsored by Delta Corporation Limited Zimbabwe — 'Share a Coke' and join the conversation.
ZFN Friday Drinks68,347 просмотров • 9 месяцев назад

Employment demand for polytechnic graduates Tinashe: "Do you know the institution that South African companies or industry likes the most in Zimbabwe? It's Harare Polytechnic, Gweru Polytechnic and Bulawayo Polytechnic. The polytechnics they produce people with technical skills. The same applies to Australia. Same applies to the UK. It's not UZ, it's not NUST. It's the people with the technical skills." "This is data over the last 15 years if you have a technical skill from a polytechnic, you are more likely to get a job in South Africa and abroad to Australia or even to America. That's what's in demand." Why are polytechnic graduates more employable than university graduates? Polytechnics graduates have a strong foundation in technical skills, they are well-prepared for a wide range of career paths. 📺 Watch Tinashe, Ranga Makwata and Rufaro discuss the role of polytechnics in preparing graduates for the world of work. Sponsored by BancABC Zimbabwe
ZFN Friday Drinks12,317 просмотров • 2 месяцев назад

TJ Maguranyanga realised he wanted to become a professional athlete at the age of 12. By high school, he already had a sports CV with footage of all his games. 📺 Listen to TJ Maguranyanga explain how he turned pro. TJ's talent was filmed primarily by his schools throughout high school at Falcon College in Zimbabwe and St Stithians College in South Africa. They used Hudl, a sports technology platform, to record all of TJ's games. 💡How it worked: Recruiters could contact the school directly to request specific clips or watch full games. These recordings were compiled into highlight reels and a sports CV documenting TJ's achievements in rugby, basketball, and track – perfect for presenting to pro teams. 📺 Watch the full episode as Tinashe joined by TJ Maguranyanga and Paddy Zhanda Jr. to discuss building elite athletes. Link: Sponsored by Delta Corporation Limited Zimbabwe – Share a Coke and join the conversation.
ZFN Friday Drinks24,417 просмотров • 6 месяцев назад

In South Africa, total deposits in the banking sector were reported at US$373 billion as of September 2025, in an economy with a GDP of US$443 billion. South Africa’s economy has a structure where economic activity is largely captured by the formal banking sector. By comparison, Zimbabwe’s GDP is estimated at US$53 billion, while total deposits in the banking sector stand at approximately US$4.8 billion, representing less than 10% of economic activity. 💡Zimbabwe’s bank deposits are small, highlighting that Zimbabwe is a cash‑based economy and a trading economy. Businesses in the informal sector are cash‑heavy and operate outside of formal regulatory frameworks. 📺 Watch Tinashe, Ranga Makwata, and Rufaro discuss the banking sectors of Zimbabwe and South Africa to highlight the effectiveness of formal financial systems. Link: Please subscribe to and like our YouTube channel.
ZFN Friday Drinks17,203 просмотров • 6 месяцев назад

Zimbabwe needs capital for economic growth. 🎙️Tinashe "The reality is that over the next 10 to 20 years, if Zimbabwe's economy is not growing, more people are going to go to South Africa." What does Zimbabwe actually need? According to Tinashe: "Zimbabwe needs capital. But we don't have the framework for capital to be happy in Zimbabwe." Zimbabwe needs to create the policy framework that gives investors the confidence to deploy capital. 📺 Watch Tinashe, Ranga Makwata and Rufaro discuss why attracting capital is critical to Zimbabwe's economic future, and how it relates to South Africa's immigration debate. Sponsored by Dairibord Zimbabwe Private Limited
ZFN Friday Drinks10,476 просмотров • 3 месяцев назад

"In 2018, when the Finance Minister assumed office, poverty levels in Zimbabwe were 29% of the population in extreme poverty. Today, in 2025, 49% of the population is in extreme poverty. If the economy was working, how do you relate a poverty level hitting 49%," says Prof. Gift Mugano. 📈 49% of Zimbabwe’s population lives in extreme poverty, while 87% of the adult population is in the informal sector. Watch this insightful episode of the Budget Review, where Tinashe and Ranga Makwata are joined by Prof. PROFESSOR GIFT MUGANO (Ph.D) to break down the economy's numbers. 📺 Link This episode is sponsored by Delta Corporation Limited Zimbabwe - 'Share a Coke' and join the conversation.
ZFN Friday Drinks24,062 просмотров • 10 месяцев назад

🚨Tax disputes and heavy taxation are straining businesses. 📈 Zimra demands approximately US$73 million from Delta Corporation for VAT and income tax, plus penalties and interest, covering 2019-2022; Delta contests this and has paid US$9,2 million under the "pay now, argue later" rule. 📈 Zimra imposed a US$2.05 million civil penalty on OK Zimbabwe for Fiscal Data Management System non-compliance across 914 tills over a 90-day period from January 23, 2024. 🚨OK Zimbabwe, already in financial distress, reported a US$17.81 million net loss for the half-year ended September 30, 2025. 📺Listen to Tinashe, Ranga Makwata, and Rufaro discuss the business impact. Link Sponsored by O'mari Zimbabwe
ZFN Friday Drinks12,434 просмотров • 8 месяцев назад
Больше нет контента для загрузки