Episode Details

Join Tinashe and Rufaro on this episode with our new sponsor, O'mari Zimbabwe, as we discuss key topics - gold prices surge, gold is seen as the trusted “old money." Clear, investor-friendly policies are crucial for Zimbabwe to double gold production. Zimbabwe has immense potential to significantly increase its gold production and become a major global supplier. Doubling gold output would attract foreign currency, create jobs, and boost economic stability. Government efforts to slash farming and livestock license fees and taxes, easing business burdens and boosting productivity. Positive step from the government’s reforms in agriculture, but more action is needed. Zimbabwe still faces a heavy regulatory burden with overlapping licenses and costly compliance, diverting resources from productivity. The cost of complying with tax rules in Zimbabwe can be high, especially for small businesses. Old Mutual and PPC shares have been suspended from trading on the Zimbabwe Stock Exchange (ZSE) since June 2020 due to concerns about fungible shares. The suspension has still negatively affected the market by trapping capital, limiting liquidity, and reducing investor confidence. Bitcoin and cryptocurrency set to be the new frontier in 2025, with many experts advising continued buying. Econet’s launch of SmartSuite data bundles - still needs a balance between innovation and affordability is necessary for wider acceptance and sustained growth.