ZimCode II nears crucial validation stage

Group Features Editor Zimbabwe’s efforts to strengthen corporate governance and enhance investor confidence are set to gain momentum next month as the Second Edition of the National Code on Corporate Governance (ZimCode II) enters a critical validation phase ahead of its anticipated launch in October 2026. Key stakeholders from government, regulatory bodies, public entities, academia,…

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Lithium miners invest US$2 billion in projects  

LITHIUM miners in Zimbabwe have completed US$2 billion projects across the mineral value chain since 2022 and are now actively transitioning to deploy an additional US$1,45 billion investment pipeline. Speaking at the ongoing Chamber of Mines Annual Conference, Zimbabwe’s Lithium Producers’ Association Chairman Innocent Rukweza said the sector delivered six primary processing plants as part…

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Platinum miners owed US$228 million in export proceeds

PLATINUM group metals (PGMs) producers in the country are facing operational bottlenecks and liquidity constraints as the government owes mining companies more than US$228 million in unpaid export surrender proceeds. Speaking at the PGMs Symposium at the ongoing Chamber of Mines Annual Conference, Chairman of the Chamber of Mines Platinum Producers Association, Alex Mhembere, revealed…

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Gold miners bullish as output, exports surge

GOLD miners in the country are bullish on the industry’s immediate outlook, projecting that elevated global prices and mine revivals will drive output and export earnings to historic highs. This comes as gold output is projected to surpass 50 tonnes this year, with export earnings expected to hit US$5 billion as the sector capitalises on…

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Montclair makeover concludes in July

News Editor RAINBOW Tourism Group (RTG)’s expansion drive is showing its next phase in ac­tion, with the refurbishment of the recently acquired Montclair Resort & Conference Hotel in Nyanga now en­tering its final stretch ahead of com­pletion next month. The US$2 million investment is a demonstration of RTG’s broad­er growth strategy, which has seen the…

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DPC mulls coverage reviews

THE Depositors Protection Corporation (DPC) has engaged actuarial consultants to review the deposit protection cover level, a process which is expected to be completed in time for revision of cover­age levels this year. The deposit protection coverage levels for commercial banks, US$ de­nominated deposits, and deposit-taking microfinance institutions remained un­changed in 2025. Unadjusted limits reduce…

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CBZ bids to de-dollarise Zimbabwe-China trade

Staff writer in Beijing AS ZIMBABWE search­es for new engines of growth, an opportunity is emerging thousands of kilometres away in China’s bustling online marketplaces, where millions of consumers buy everything from fresh produce to luxury goods with the click of a button. For Zimbabwean businesses, the question is no longer wheth­er China offers opportunities,…

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Bronzepels driving LPG cylinder manufacture

As Zimbabwe accelerates its industrialisation drive and seeks to reduce dependence on imports, a growing number of investors are identifying opportunities in sectors that support value addition, energy security, and domestic manufacturing. Among these is Bronzepels Investments, a local manufacturer of Liquefied Petroleum Gas (LPG) cylinders, which is positioning itself at the centre of the…

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‘Export demand boon for grains sector’

ZIMTRADE has urged local pro­ducers to pri­oritise value addition of traditional grains as demand for healthier and gluten-free foods increases in export mar­kets. In its latest news­letter, ZimTrade said products made from sorghum, millet, rapoko and pearl millet are set to grow export earnings and strengthen rural in­dustries. “Traditional grains are increasingly being recognised not…

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