AGP Executive Report
Last update: 2 hours agoSME Capital Boost: ZEEX is set to launch in Bulawayo, giving small businesses a new way to raise equity capital through the Zimbabwe Stock Exchange, with the city’s economic development team saying it could unlock growth for the industrial hub. Lithium Push: Mutapa Energy Resources confirmed a JORC-compliant 39.9 million-tonne lithium resource at Sandawana, covering only 30% of its claim, after 103,000m of drilling and US$24m in exploration. Mining Logistics: NRZ outlined a long-term plan for mineral logistics hubs and new rail links, starting with the lithium corridor to Maputo, and naming future rail heads at Zvishavane, Dete, Shangani and Goromonzi. Local Governance Probe: Parliament’s local government committee recommends a Commission of Inquiry into Hwange’s dual administration after residents complained they pay taxes but are excluded from service delivery where they live. Roads Funding Gap: Bulawayo says it needs about US$700m to rehabilitate roads, citing deferred maintenance, an ageing fleet and rising contractor costs. Investment Confidence: US envoy Pamela Tremont told Zimbabwe’s AI and cybersecurity conference that predictable policies, security of tenure, an independent judiciary and anti-corruption are key to attracting investors. Banking Returns: POSB declared a record US$5.14m dividend to the Mutapa Investment Fund, citing transformation and stronger customer-focused performance.
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