AGP Executive Report
Last update: 7 hours agoWeather Alert: Zimbabwe’s meteorological department warned of heavy rain, hail and strong winds across several provinces through Monday, raising risks for crops, livestock and infrastructure. Investment: Finance Minister Mthuli Ncube urged US businesses to invest in energy, mining, manufacturing, agriculture and digital services, as the government seeks input for the 2027 Budget. Beef Processing: The Cold Storage Company plans to revive canning, tanning and leather processing alongside slaughtering to restore the beef value chain. Mining Finance: Caledonia secured a US$150 million facility from a consortium of Zimbabwean banks to advance its Bilboes gold project. Lithium: State-owned Mutapa is racing to build processing capacity at Sandawana before a December deadline on raw concentrate exports, but faces a funding shortfall. Industry and Trade: Zimbabwe’s exports rose 61% to US$10.4 billion in the first nine months of 2026, while Varun Beverages has lifted monthly capacity to 120 million bottles and plans two more production lines.
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