AGP Executive Report
Last update: 7 hours agoBusiness: Zimbabwe’s National Chamber of Commerce says limited access to finance remains the biggest barrier to investment and expansion, urging lenders to prioritise productive sectors and exports. Mining: Caledonia Mining’s third-quarter revenue rose 10.5% to US$78.9 million as gold prices offset an 11% drop in Blanket Mine output; the company says it has fixed operational problems but lowered its 2026 production forecast. Dairibord: NSSA has bought an 8.5% stake and is considering a larger holding, adding uncertainty to Varun Beverages’ proposed acquisition. Water: Centenary residents say taps have been dry for six days despite Zinwa saying electricity supply problems were resolved; residents also dispute outstanding bills. Russia-Ukraine War: South African authorities have arrested a tenth person over alleged recruitment to fight for Russia. The first nine suspects were Zimbabweans, and face charges under South Africa’s foreign military assistance law. Arts: The Caine Prize cleared Zimbabwean writer Simbarashe Kundizeza of AI-writing allegations, upheld his award and plans new rules for future submissions. Constitution: The Constitutional Court has postponed hearings on challenges to amendments extending presidential and parliamentary terms until November 18.
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