AGP Executive Report
Last update: 3 hours agoIndustrial Policy Push: President Mnangagwa officially opened the inaugural Zimbabwe Industrialisation Conference and Expo, urging faster value addition, import substitution and beneficiation across sectors like iron and steel, lithium, cement, pharmaceuticals, tobacco and dairy. Lithium & Mining Updates: Mutapa Energy Resources confirmed a JORC-compliant 39.9 million-tonne lithium resource at Sandawana (covering only 30% of its claim), while Caledonia’s Blanket mine says surface drilling has identified a new gold orebody about 200m east of the current underground target. Finance & Agriculture: POSB declared a record US$5.14m dividend for 2026, citing transformation, growth in loans and deposits, and funding support including agricultural mechanisation; Government also started climate-smart dairy support with drought-tolerant fodder banks and resilient forage seed. Trade & Exports: Zimbabwe exported its first batch of blueberries to China as a new market opens, and lithium exports were reported at US$746m in the first half of 2026. Infrastructure & Roads: Bulawayo says road repairs need about US$700m as deferred maintenance bites, while a contractor on the Bulawayo–Victoria Falls Highway launched an anti-litter drive on a key tourism corridor. Business & Services: AURUM expands with a new Harare CBD branch and upgrades its flagship facility, and Zimbabwe’s MICE sector is getting a boost as Government highlights growth in conferencing facilities. Agriculture Show: ZAS targets 630 exhibitors for the 116th Zimbabwe Agricultural Show, running Aug 24–29.
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