ZIMBABWE has launched a high-level diplomatic push to secure membership in the China-backed Asian Infrastructure Investment Bank (AIIB) to anchor the funding of the National Development Strategy 2 (NDS2). Finance Minister Mthuli Ncube led a treasury delegation to the multilateral lender’s headquarters in Beijing, formalising a request submitted in May 2026 to join the AIIB.…
THE government will repossess long-idle coal concessions and has officially classified coal as a special critical mineral as part of a regulatory overhaul aimed at ensuring national energy security. Officiating at the 2026 Chamber of Mines Mining Conference and Exhibition in Victoria Falls, the minister of Mines, Polite Kambamura, said authorities will offer incentives for…
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…
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,…
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…
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…
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…
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$2 million investment is a demonstration of RTG’s broader growth strategy, which has seen the…
THE Depositors Protection Corporation (DPC) has engaged actuarial consultants to review the deposit protection cover level, a process which is expected to be completed in time for revision of coverage levels this year. The deposit protection coverage levels for commercial banks, US$ denominated deposits, and deposit-taking microfinance institutions remained unchanged in 2025. Unadjusted limits reduce…
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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