AGP Executive Report
Last update: 6 hours agoLithium & Mining Finance: Premier African Minerals raised about US$1.02m via a new share subscription to fund operations and working capital at its Zulu Lithium project, after commissioning its flotation plant and starting spodumene concentrate production. Jobs & Corporate Rescue: Zimbabwe Diamond and Allied Minerals Workers Union backed RioZim’s corporate rescue bid, citing severe liquidity stress and large losses as it seeks to protect jobs. Banking Leadership: First Capital Bank CEO Tapera Mushoriwa was re-elected IOBZ chair, with CBZ Bank’s Valeta Mthimkhulu as vice chair, as the institute pushes skills and professionalism in a fast-changing sector. Digital & Telecoms: NetOne is rolling out AI-enabled network optimisation to move from reactive to predictive operations, supporting Zimbabwe’s digital transformation goals. Procurement for Industrialisation: Industry and Commerce Minister Ndlovu told PRAZ’s symposium that procurement must drive industrialisation and inclusion, not just compliance, while PRAZ clarified the National Standard Price List is a guide, not price control. Wildlife & Food Safety: Conservationists warned Zimbabwe’s elephant numbers have surged beyond carrying capacity, while Bulawayo seized 1.5 tonnes of elephant meat and cracked down on unsafe food and licensing breaches. Cross-Border Trade Pressure: A report says Zimbabwean firms are increasingly shifting operations to Zambia, pointing to local business strain despite macroeconomic claims. Tech for Access: Bola Group launched Chatbet, a WhatsApp-based betting platform designed to cut data costs, with plans to expand to Zimbabwe and Malawi.
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