AGP Executive Report
Last update: 6 hours agoMining & Production: Caledonia Mining says Blanket Mine gold output rose 18% to 17,360 oz in Q2 2026 as access to higher-grade ore improves, with grades up to 3.05 g/t for July-to-date; the firm keeps full-year guidance at 72,000–76,500 oz. Digital Economy: ZIMSTAT and POTRAZ report household internet access jumped to 75.5% in 2025 (from 50.1% in 2020) and mobile phone ownership hit 96.4%, showing Zimbabwe is going “mobile-first” with smartphones driving most internet use. Industrialisation & Manufacturing: A push to use the Manhize Dinson Iron and Steel Plant to shift Zimbabwe from exporting raw minerals to making higher-value goods is gaining momentum, with steel seen as a base for wider manufacturing and jobs. Energy Projects: Kariba Floating Solar’s first 600MW phase is nearing financial closure, with a second proposal in environmental impact assessment—aimed at boosting renewable generation and energy security. Currency & Business Climate: RBZ says ZiG demand is rising and Zimbabwe has met 6 of 8 conditions for a mono-currency move, while government reiterates reforms to cut fees and levies to improve the ease of doing business. Small-Scale Mining Safety: Government plans training and licensing for about 600,000 artisanal miners to improve safety and formalise the sector, which contributes over 60% of gold output. Local Industry Skills: Pump and Steel Suppliers plans to revive heavy rail manufacturing capabilities from ZECO, aiming to reduce import reliance and build local engineering capacity.
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