Zfn Zimbabwe

06/06/2026

Rufaro: "OK Zimbabwe is under corporate rescue. Pick n Pay Zimbabwe is struggling."

Tinashe: "Why are formal retailers not doing well in this economy?"

Rufaro: "High compliance costs." Formal supermarkets pay taxes and charges such as IMTT on USD transactions. How do they compete with the informal sector?

🎙️Watch Ranga, Tinashe and Rufaro discuss rising tax pressures, high compliance costs, and their impact on Zimbabwe's formal business sector.

Link 🔗 https://www.youtube.com/live/gcYx6bCZGnE?si=q5SpV7r2uVD2Cm5D

Sponsored by Delta Corporation In The Community – 'Share a Coke' and join the conversation.

05/06/2026

🚨 Part 2: Delta vs ZIMRA: rising tax pressures.

🎙️ Ranga, Tinashe and Rufaro unpack tax pressure. Is Zimbabwe becoming tougher for formal businesses, with risks of pushing more activity into informality.

Sponsored by Delta Corporation In The Community - 'Share a Coke' and join the conversation.

🎙️ Part 2: Tinashe, Ranga and Rufaro unpack the growing tension bet...

05/06/2026

🚨 Our latest episode with Ranga, Tinashe and Rufaro: Zimbabwe Hostile for Business: Tax Pressure & Investor Confidence: Part 1

The discussion unpacks Zimbabwe’s business environment, focusing on rising tax pressure and what this means for investor confidence and corporate sentiment.

Sponsored by Delta Corporation In The Community - 'Share a Coke' and join the conversation.

Join Tinashe, Ranga and Rufaro begin with agriculture, unpacking th...

05/06/2026

We're live! Join Ranga, Tinashe and Rufaro on our YouTube channel for insightful conversations, sharp analysis and lively debate.

📺 Watch here: youtube.com/live/e4dMIN2QK…

Sponsored by Delta Corporation In The Community - 'Share a Coke' and join the conversation.

04/06/2026

Can Zimbabweans easily raise US$15 million for mining projects?

Ranga: "If a policy says the minimum has to be US$15 million — that a foreigner has to bring in US$15 million — is there any insinuation that any number below US$15 million, like US$10 million, local Zimbabweans can easily raise it? In our line of business, we are out there in the field trying to raise capital for projects, and just to raise even US$1 million in this environment is not a walk in the park."

🎙️In this episode, Ranga and Rufaro unpack Zimbabwe's new mining policy requiring foreign investors in small-scale gold mining to commit a minimum capital investment of US$15 million, and what it could mean for investment, capital raising, and the future of the sector.

🎥 Watch now: https://youtu.be/vonAbV2CCBc?si=wOeg6Qh68lT4MtMJ

Sponsored by Dairibord Zimbabwe

03/06/2026

Zimbabwe's new mining policy requires foreign investors in small-scale gold mining to commit a minimum capital investment of US$15 million.

But is that realistic in a market where raising US$500,000 to US$1 million can take months?

Rufaro: "We have worked on transactions for small mines trying to raise US$500,000 to US$1 million, and we have gone for months without closing those transactions. There is no surplus of capital."

🎙️ Drawing on their experience as investment advisors Ranga and Rufaro unpack the realities of raising capital, investor appetite, and what the new mining policy could mean for Zimbabwe's mining sector.

Watch the full discussion:

Link 🔗 youtu.be/vonAbV2CCBc?si…

Sponsored by Dairibord Zimbabwe

02/06/2026

How was the 98% local management requirement for Zimbabwe's mining sector determined?

Rufaro asks:
"How did they come up with this number 98%? What data did they use? What model did they use that told them that the sweet spot is 98%?"

Ranga adds:
"Maybe they should have added the extra 2% to make it 100% local content. It will be good to understand what motivated this policy, to understand the objectives that are trying to be achieved. There could have been better ways of ensuring that we create employment without scaring investors."

🎙️In this episode, Ranga and Rufaro discuss the importance of clear policy objectives, transparent consultation processes, and the potential impact of regulatory changes on investment, employment, and the future of Zimbabwe's mining sector.

Watch the full episode 🔗 youtu.be/vonAbV2CCBc?si…

Sponsored by Dairibord Zimbabwe

02/06/2026

Thank you, Zimbabwe Investment and Development Agency, for the thoughtful recognition and support as we celebrate 5 years of ZFN Friday Drinks. We are honoured by your message and grateful for the partnership. Friday Drinks remain committed to fostering meaningful conversations on investment, business, and economic development in Zimbabwe. Thank you for being part of this journey.

– Ranga, Tinashe and Rufaro the Friday Drinks Team.

01/06/2026

Zimbabwe policy shift in the mining sector: a ban on foreign participation in small-scale gold mining and a requirement that 98% of senior and middle management positions in mining operations be held by Zimbabwean nationals.

Ranga: "Where do you think this policy shift is coming from?"

Rufaro: "The government policy is motivated from a leftist or rather a quasi socialist communist perspective where they want to control things. That language of bans or restrictions is typical in socialist communist regimes."

Ranga: "These kind of decisions have to be made by investors. They are putting their money in, it's in their interest to get the best talent."

🎙️ Could these policies discourage investment and limit access to global expertise?

📺 Watch Ranga and Rufaro unpack Zimbabwe's latest mining policy shift and what it could mean for the future of the sector.

🎥 Watch here: youtu.be/vonAbV2CCBc?si…

Sponsored by Dairibord Zimbabwe

31/05/2026

Why are Zimbabweans continuing to invest heavily in property?

🎙️In our latest episode, Ranga and Rufaro unpack why real estate remains one of the most trusted stores of value for Zimbabweans.

As Rufaro explains:

"One of the destinations that Zimbabweans really feel comfortable deploying capital is property. Because all other channels have been devastated by policy action historically, people don't trust them."

The discussion explores why real estate continues to attract capital.

Link full episode: youtu.be/vonAbV2CCBc?si…

Sponsored by Dairibord Zimbabwe