AGP Executive Report
Last update: 6 hours agoInvestment & Trade: Zimbabwe is courting US investors in energy, mining, manufacturing, agriculture and digital services as businesses weigh priorities for the 2027 Budget. Exports rose 61% to US$10.4 billion in the first nine months of 2026, while value-added exports climbed 68% to US$671 million. Mining & Energy: Caledonia secured a US$150 million bank facility for the Bilboes gold project. Mutapa’s lithium-processing plans face funding constraints and a December deadline to end raw concentrate exports, while Invictus Energy is preparing to drill the Musuma-1 exploration well. A planned Namibian fuel pipeline is also expected to supply Zimbabwe and other regional markets. Manufacturing: Varun Beverages has lifted monthly capacity to 120 million bottles and plans two more production lines. PPC Zimbabwe reported stronger margins as plant reliability and clinker output improved; a Bulawayo cooking-oil plant is 85% complete. Agriculture: Zimbabwe’s wheat harvest is nearing 600,000 tonnes, while ARDA has delivered more than 248,000 tonnes of grain as the country prepares for drought risk.
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