MIMOSA Mining Company’s managing director Fungai Makoni has been elected president of the Chamber of Mines of Zimbabwe.
His election was announced during the Chamber’s 2026 Annual Conference in Victoria Falls. Qubeka Nkomo from Falcon Gold was elected vice president.
Makoni brings more than 18 years of experience in the mining industry and has served as managing director of platinum producer Mimosa Mining Company since 2013.
“I am truly humbled by the confidence you have shown in me. I can assure you, the task you have bestowed upon me will not be taken lightly,” Makoni said in his remarks at the conference.
He takes over at a critical time for Zimbabwe’s mining industry, which remains a cornerstone of the country’s economy but faces growing pressure to adapt to new government policies aimed at increasing local value addition.
He assumes the role after serving as the Chamber’s second vice president and succeeds John Musekiwa, who led the board responsible for shaping the Chamber of Mines’s strategic direction.
Makoni said Musekiwa has been successful in maintaining the cordial relationships between the Chamber and stakeholders, including the government and the mining industry at large.
“He is a seasoned mining executive who has presided over a mining industry that has achieved historical milestones, including an all-time peak in mineral exports,” Makoni said.
“During my tenure, I will leverage and consolidate the gains of the good relationships with government that my predecessor has maintained over the past year. His legacy can only be further enhanced.
“I am one who strongly believes in the power of teamwork. We will work closely together as the Chamber and continue to engage effectively with the government and key stakeholders to resolve all outstanding structural matters. This will unlock the full potential and maximise the contribution of the mining industry to the socio-economic development of our country,” he added.
Makoni joined Zimasco in 2002 as an internal audit manager, and in 2005, he was appointed finance executive for Mimosa. His role was combined with that of the company secretary.
He was appointed general manager of finance and administration in 2007, a position he held until he was appointed managing director in 2013.