Chinese investors have cited policy inconsistencies and infrastructure bottlenecks as key impediments to doing business in Zimbabwe.

A binding sale and purchase agreement has already been signed between the parties, he said, marking a significant milestone in finalising the transaction.

EDGARS Stores Limited has allocated US$1,3 million in capital expenditure (capex) for its current fiscal year ending January 4, 2026

“We are not going to be allowing any more chrome or lithium to leave Zimbabwe raw in NDS2,”

Battered by the headwinds, many companies have opted for corporate rescue, downsizing, or outright shutdown.

Kavango has three projects in Zimbabwe — Hillside, Nara Gold and Leopard.