AGP Executive Report
Last update: 8 hours agoInvestment: Zimbabwe is courting US businesses in energy, mining, manufacturing, agriculture and digital services as it shapes the 2027 Budget. Manufacturing: Investment in manufacturing exceeded mining in the third quarter. Varun Beverages has lifted monthly capacity to 120 million bottles, while PPC Zimbabwe reported stronger margins on improved plant efficiency. Mining: Caledonia secured a US$150 million facility from Zimbabwean banks to advance the Bilboes gold project. Mutapa is also seeking funding for lithium processing at Sandawana, but says it is behind schedule for the December deadline to end raw concentrate exports. Agriculture: The wheat harvest is nearing 600,000 tonnes, while ARDA has delivered more than 248,000 tonnes of grain as the country prepares for El Niño risks. Forecast storms could bring hail and damaging winds to farming areas. Industry: The Cold Storage Company plans to restore canning and tanning operations as part of a wider beef value-chain revival. Trade: Exports rose 61% in the first nine months of 2026.
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