AGP Executive Report
Last update: 20 minutes agoTrade and Exports: Zimbabwe’s exports rose 61% to US$10.4 billion in the first three quarters of 2026. Value-added exports grew 68% to US$671 million, while imports of machinery and equipment supported industrialisation. Manufacturing: Bulawayo’s Fats & Feeds cooking-oil plant is 85% complete and could create 400 jobs, boosting local processing of soya beans. Energy: A US$2.5 billion fuel storage and pipeline project launched in Namibia could improve regional supply, with plans for links reaching Zimbabwe and other landlocked markets. Mining: Redwing Mine is targeting its first gold production in November after an accelerated restart. Separately, one person was killed and three injured in violence at a Shurugwi mine, where five excavators were burned. Business Finance: Finance Minister Mthuli Ncube says single-digit inflation leaves room for further rate cuts, but commercial lending averaged 42.26% in September, keeping borrowing costly for producers.
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