Zimbabwe

Harare hires consultant to improve donor relations

Eager to normalise his country's relationship with financial institutions, Finance Minister Mthuli Ncube hired a communications consultant to promote the government's efforts to reduce public debt, currently almost 100% of Zimbabwe's GDP.

Harare still in limbo over Commonwealth return

As the international organisation is yet to publish its final report on the 2023 elections, it looks unlikely that Zimbabwe will be readmitted at the forthcoming summit in Samoa, despite support from African member states.

The New Guard
Morocco, Zimbabwe, Kenya

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

MoroccoDoha Lkasmi, standard-bearer for business diplomacy

ZimbabweLaziel Muchemwa, cycling ambassador in Cape Town

KenyaAustine Onyango Gerald, promoting young people in politics

Harare to assess wind power potential

Cameroon's Noubeg Power and Spain's ATI Consultores have jointly won a €1.5m contract.

Tanganda Tea brews plans to export more produce via port of Beira

With its avocado and macadamia nut production booming, the Zimbabwean agricultural and food group Tanganda Tea wants to export them via Mozambique.

Lithium: Britain's Premier African Minerals finally to start production

Mining veteran and former UraMin boss George Roach's company was forced to postpone production at its Zimbabwe ore processing plant because of technical problems. The firm is backed by China's Canmax, which is to receive the plant's lithium concentrate.

Harare's takeover of mining conglomerate Kuvimba proves costly

The Zimbabwean government is reported to have paid $1.6bn for a 35% stake in the mining conglomerate active in lithium, gold, platinum and chromium.

Behind the scenes of Algy Cluff's lithium project

The British oil and mining veteran visited Zimbabwe twice before signing a contract to resume lithium extraction at the Sandawana lithium deposit. President Emmerson Mnangagwa and the UK's top diplomat in Harare were instrumental in Cluff's decision to re-invest in the country.

Nigerian tycoon Benedict Peters launches lithium mining project

With the backing of the Zimbabwean authorities, the Aiteo Group boss has obtained a lithium exploration permit in the sought-after Kamativi area. But he is planning to abandon his Maflox Claim platinum project.

Zanu-PF MP Scott Pedzai Sakupwanya tightens grip on Zimbabwe gold industry

Sakupwanya, a freshly-elected MP for the ruling party and owner of the Redwing mine, sold almost half of the gold produced in Zimbabwe in 2023.

Harare takes over Kuvimba Mining House to erase all links with Kuda Tagwirei

Zimbabwe's Mutapa sovereign wealth fund now owns 100% of the Kuvimba mining group, previously controlled by the president's adviser and businessman, Kuda Tagwirei, who is under US sanctions. The move was intended to encourage investors for other projects that have stalled for lack of financing.

Harare awaits gift from Russian fertiliser group Uralchem

23,000 tonnes of Russian and Belarusian fertiliser is currently on board a ship off the port of Beira. The World Food Programme will transport it to Harare, where it will be received by President Mnangagwa.

Government winding up ZMDC with bankruptcy the target

The government wants to transfer the last valuable assets of the state-owned mining company to the Mutapa sovereign wealth fund. The plan then is to declare the company bankrupt...