AGP Executive Report
Last update: 11 hours agoEnergy: Invictus Energy says its Mukuyu-2 well intersected a significant gas-bearing zone at the Cabora Bassa project, a potential boost for Zimbabwe’s energy prospects. Industrial Growth: Zimplow swung to a US$891,063 pre-tax profit in the nine months to September, with revenue up 10.6% to US$24.88m as mining demand, machinery sales and cost controls lifted performance. Trade Finance: CBZ is pursuing a proposed US$50m BADEA facility to support importers, exporters and working capital; funding remains subject to approvals and final agreements. Manufacturing: At the COMESA Business Forum in Harare, Professor Gift Mugano urged Africa to process hides into finished leather goods, capturing more value and creating jobs rather than exporting raw hides. Business Regulation: Government says 17 sectors are reserved for citizens under SI 215 of 2025, with foreign participation restricted in some activities and non-compliant firms facing licence suspension or revocation. Mining Safety: Two people died and three were seriously injured in a blasting accident at Goldry Mining Syndicate in Bindura.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
