Zim eyes US$600m export windfall

Source: Zim eyes US$600m export windfall – herald Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube (centre), War Veterans of the Liberation Struggle Affairs Minister Monica Mavhunga (left), Mashonaland Central Minister of State for Provincial Affairs and Devolution Christopher Magomo (second from left), National Economic Consultative Forum (NECF) Steering Committee co-chair Dr Mike […]

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Source: Zim eyes US$600m export windfall – herald

Oliver Kazunga-Senior Reporter

ZIMBABWE could unlock nearly US$600 million in export revenues from a proposed agro-industrial Special Economic Zone expected to accelerate industrialisation and economic transformation.

The Hunyani Agro-Industrial Special Economic Zone (HAISEZ), planned for a 2 600-hectare estate in Darwendale, about 60 kilometres west of Harare, has emerged as one of the largest integrated agricultural investment proposals in the latest Zimbabwe Investment and Development Agency (ZIDA) Projects Prospectus.

The project is being positioned as a flagship model for export-led growth, combining high-value crop production, livestock systems, agro-processing infrastructure and renewable energy generation within a single industrial ecosystem.

According to the prospectus, projected 11-year revenues are US$594,82 million while the profits anticipated in the same period are US$465,16 million.

The development places the proposed SEZ among the country’s biggest export-oriented agricultural developments.

The initiative reflects Government’s broader strategy to transition Zimbabwe from primary commodity exports towards higher-value, industrialised agricultural production capable of generating sustained foreign currency inflows.

At the core of the project is an integrated production model that includes 1 985 hectares of horticulture covering avocados, citrus and macadamia nuts, alongside large-scale livestock operations such as cattle production, poultry systems, hatcheries and advanced breeding technologies. The development also incorporates agro-processing infrastructure, including pack houses, cold storage facilities, abattoirs and fertiliser production units, aimed at retaining more value within the domestic economy before export.

A key feature of the SEZ is its strong export orientation, with about 80 percent of output targeted for international markets, positioning it as a potential major contributor to Zimbabwe’s foreign currency earnings. In addition, the prospectus states that the investment will include “a 100MW solar plant supplying both estate operations and mining-sector off-takers,” adding a diversified revenue stream beyond agriculture.

Government has increasingly prioritised Special Economic Zones as instruments to attract large-scale investment, promote technology transfer and enhance export competitiveness through tax incentives, infrastructure support and streamlined regulatory frameworks.

Against this background, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube recently launched the country’s first provincial Special Economic Zone in Mashonaland Central Province.

ZIDA noted that the Hunyani SEZ is backed by existing infrastructure valued at about US$15 million, including irrigation systems covering 700 hectares, established electricity connections, and strategic access to road, rail and air transport corridors linking Harare to regional and international markets.

Secure water rights from Lake Manyame further strengthen the project’s long-term viability, particularly amid climate variability and rising demand for irrigation-dependent agriculture.

Development partners behind the project include DrumCorp Holdings (Private) Limited, working with technical and advisory partners specialising in climate-smart agriculture, investment mobilisation and export market integration.

Economic commentator Ms Wendy Mpofu said the project could generate significant multiplier effects across the economy through employment creation, supply chain development, skills transfer and increased demand for local services and inputs.

“Projects such as HAISEZ represent the future of Zimbabwe’s economy.

“They bring together agriculture, energy, technology, finance and exports in a way that creates sustainable growth rather than isolated economic activity,” she said.

The integrated nature of the development is expected to support Zimbabwe’s broader industrialisation agenda by linking primary production with processing and export logistics, thereby enhancing competitiveness in global value chains.

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Duty-free fertiliser imports okayed to curb price spike 

Source: Duty-free fertiliser imports okayed to curb price spike – herald Hopes for the immediate restoration of maritime traffic in the Strait of Hormuz to prewar levels are fading as fragile peace talks between the US and Iran faltered this week. Martin Kadzere THE Government will facilitate duty-free import of fertiliser and expedite revival of […]

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Source: Duty-free fertiliser imports okayed to curb price spike – herald

Martin Kadzere

THE Government will facilitate duty-free import of fertiliser and expedite revival of the Sable Chemicals ammonium plant to buffer the domestic market against soaring prices triggered by the Middle East crisis, Information, Publicity and Broadcasting Services Minister Dr Zhemu Soda said.

This comes against concerns that fertiliser prices in Zimbabwe could surge significantly if geopolitical conflicts cause long-term disruptions to global shipping routes.

According to the April Economic Pulse report published by local think-tank Africa Economic Development Strategies (AEDS), a worst-case scenario involving the prolonged militarisation or closure of the Strait of Hormuz for more than 12 months could result in fertiliser price increases.

Speaking during Tuesday’s post-Cabinet media briefing, Minister Soda explained that the fertiliser duty waiver aims to safeguard national food security against Middle East-induced shipping bottlenecks.

The maritime crisis has severely strained local logistics, driving Zimbabwean fuel prices up by about 30 percent since military escalations began at the end of February.

“The 2026/27 Summer Production Plan seeks to guarantee national food security against the backdrop of unprecedented compounding pressures, including the 80 percent probability of a Super El Niño-induced drought and heightened fuel and fertiliser prices,” said Minister Soda.

Hopes for the immediate restoration of maritime traffic in the Strait of Hormuz to prewar levels are fading as fragile peace talks between the US and Iran faltered this week. The breakdown followed fresh US airstrikes inside Iran and subsequent retaliatory Iranian drone and missile attacks on American military bases in the Gulf.

The dramatic escalation has reignited fears of a prolonged conflict that would keep the vital maritime choke point closed indefinitely. Zimbabwe imports significant quantities of fertiliser — a critical agricultural nutrient —due to the limited capacity of the local manufacturers.

The shortage stems from the fact that the Middle East is a major supplier of natural gas, a critical component in fertiliser production that relies on shipping routes passing through the Strait of Hormuz.

The resulting supply shock is projected to drive fertiliser prices up by 70 percent to 120 percent, pushing the retail price of a standard 50-kg bag of Compound D to US$77, says AEDS.

AEDS warns that the price hike will force farmers to drastically scale back applications, triggering a potential 35 percent to 80 percent drop in average national yields and forcing an emergency food import bill of up to US$600 million.

Even under less severe timelines, international bottlenecks are forecast to trigger immediate local economic strain, the AEDS says.

A moderate disruption scenario of six to 12 months — driven by prolonged regional tensions — is expected to cause intermittent stockouts of critical top-dressing urea and base compounds.

This would trigger a 30 percent to 50 percent surge in fertiliser prices, forcing smallholders to cut usage by 20 percent to 40 percent and shaving 15 percent to 30 percent off national outputs.

In the absolute best-case scenario of a brief 1 to three-month disruption mitigated by safe shipping corridors, the AEDS notes that minor delays and manageable shortages will still drive fertiliser prices up by 15 to 25 percent, culminating in an immediate 5 to 12 percent drop in average national maize yields.

While the Government has acknowledged the looming crisis, its current strategy prioritises a long-term plan to ensure the country achieves self-sufficiency in fertiliser production rather than addressing the immediate threat.

In a recent interview with Zimpapers on the sidelines of the recent SADC Ministers of Agriculture meeting in Victoria Falls, the Minister of Agriculture, Mechanisation and Water Resources Development, Dr Anxious Masuka, said a robust framework was being implemented locally.

“In Zimbabwe, we are already discussing the localisation of the fertiliser industry and there is a Cabinet committee that is focusing on that and we have made very important progress in that regard,” he said.

The Mutapa Investment Fund — Zimbabwe’s sovereign wealth fund — has launched a US$153,1 million revitalisation initiative specifically designed to revive the country’s domestic fertiliser value chain and reduce its heavy reliance on imports.  The strategy focuses on injecting capital into key State-owned entities to boost the capacity of the local manufacturers.

Already, Mutapa has disbursed US$5,3 million to refurbish the Dorowa plant, the country’s sole phosphate producer.

The refurbishment exercise is almost complete to pave the way for the resumption of full-scale production. An additional US$10 million has been earmarked for the next phase to further scale up production.

The mine is projected to produce 100 000 tonnes of phosphate concentrate annually, which will provide the necessary feedstock to manufacture roughly 300 000 tonnes of compound basal (Compound D) fertilisers.

To secure national economic interests, Mutapa is injecting US$13,3 million into Sable Chemicals to revive idled production while restructuring its ownership to increase the Government’s stake from 37 percent to a controlling 69 percent.

Downstream, the fund has extended a US$30 million working capital facility to ZFC and US$3 million to ZimPhos to accelerate local manufacturing and raw material procurement.

While Mutapa’s immediate financial injections focus on reviving existing factories, Zimbabwe’s true path to absolute fertiliser self-sufficiency lies beneath the Cabora Bassa Basin in Muzarabani.

The main bottleneck for local nitrogenous fertiliser production (like Ammonium Nitrate produced at Sable Chemicals) has always been the lack of locally sourced natural gas. Currently, the production chain is exposed to global shipping disruptions like those in the Strait of Hormuz.

Exploration by Invictus Energy at the Mukuyu Gas Field has confirmed high-quality gas-condensate discoveries, with independent estimates placing the resource base at upwards of several trillion cubic feet of gas.

Furthermore, upcoming high-impact drilling campaigns at prospects like Musuma-1 are expected to unlock even larger fairways. 

Invictus Energy already holds an active Gas Supply Memorandum of Understanding (MoU) with Sable Chemicals. Once commercial extraction and pipeline infrastructure are established, Muzarabani will provide a direct, localised stream of natural gas.

Economists say rising fertiliser costs would likely feed into broader food price pressures, adding strain to both farmers and consumers.

“Rising fertiliser costs act as a regressive tax on the entire food value chain,” Mr Enoch Musara said.

“Because fertiliser is a major upfront expense for farmers, the price hikes will inevitably bleed directly into the retail market, pushing the cost of basic commodities like mealie-meal and bread well beyond the reach of ordinary consumers.”

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Zimbabwe Must Learn from Kenya’s Kentegra Model: Why Rural Agriculture, Green Manufacturing and Value Addition Hold the Key to Sustainable Economic Transformation

FOR decades, African governments have championed rural development, agricultural modernisation and industrialisation as the foundations of economic transformation. Yet despite countless policy frameworks, development blueprints and donor-supported programmes, much of rural Africa remains trapped in a cycle of low productivity, limited industrial activity and persistent poverty. By Brighton Musonza The story of Kenya-based biotechnology company […]

The post Zimbabwe Must Learn from Kenya’s Kentegra Model: Why Rural Agriculture, Green Manufacturing and Value Addition Hold the Key to Sustainable Economic Transformation appeared first on The Zimbabwe Mail.

FOR decades, African governments have championed rural development, agricultural modernisation and industrialisation as the foundations of economic transformation. Yet despite countless policy frameworks, development blueprints and donor-supported programmes, much of rural Africa remains trapped in a cycle of low productivity, limited industrial activity and persistent poverty.

By Brighton Musonza

The story of Kenya-based biotechnology company Kentegra Biotechnology offers a compelling alternative development model. Its success demonstrates how agriculture, manufacturing, environmental sustainability and community empowerment can be integrated into a mutually reinforcing economic ecosystem. More importantly, it raises important questions for Zimbabwe, a country endowed with rich agricultural resources but still struggling to unlock the full economic value of its rural economy.

At a time when Zimbabwe is searching for sustainable pathways to industrialisation, export diversification and job creation, the Kentegra experience provides valuable lessons about how inclusive business models can transform local communities while generating commercial success.

The Fundamental Problem: Africa Produces, Others Profit

One of the greatest structural weaknesses of African economies remains their dependence on exporting raw materials while importing finished products at significantly higher costs. This pattern has persisted since the colonial era and continues to define the continent’s relationship with global markets.

Zimbabwe exports tobacco, cotton, lithium, chrome, platinum and a range of agricultural commodities. However, much of the value addition, processing and manufacturing associated with these products occurs outside the country. Consequently, Zimbabwe captures only a fraction of the value generated along global supply chains.

Kenya’s pyrethrum industry once faced similar challenges. Farmers produced the raw flowers used in natural insecticides, but market instability, weak processing infrastructure and fragmented supply chains limited their economic benefits. Kentegra addressed this challenge by integrating farmers directly into a biotechnology manufacturing ecosystem capable of serving international markets.

This model highlights an important reality. Sustainable development does not come from increasing production alone. It comes from ensuring that producers participate in higher-value segments of the supply chain. Until Zimbabwe successfully integrates its farmers into processing and manufacturing industries, many rural communities will continue to remain vulnerable to fluctuating commodity prices and external market shocks.

Agriculture Alone Cannot Eliminate Rural Poverty

Agriculture remains the backbone of Zimbabwe’s economy, employing millions of people directly and indirectly. Yet the sector’s dominance has not translated into broad-based prosperity for rural households.

The problem lies in the nature of agricultural production itself. Farmers often operate at the mercy of weather conditions, volatile market prices, inadequate financing and weak infrastructure. Even when production levels increase, profits frequently remain low because value addition takes place elsewhere.

Kentegra’s model demonstrates the importance of creating stable linkages between farmers and industrial processors. By guaranteeing markets, providing technical support and creating long-term commercial relationships, the company has helped reduce many of the risks typically associated with smallholder farming.

Zimbabwe has already witnessed the benefits of structured agricultural value chains through contract farming in tobacco production. However, the next stage of transformation requires moving beyond production and towards industrial integration. Farmers must become suppliers to thriving local industries rather than merely producers of raw commodities destined for export.

Only when agriculture becomes connected to manufacturing can rural communities begin to enjoy sustained income growth and long-term economic security.

Manufacturing Remains the Missing Piece

One of the most significant aspects of the Kentegra case is its relationship with Manufacturing Africa, an initiative that has facilitated billions of dollars in industrial investment across several African countries.

This highlights a critical lesson for Zimbabwe. No country has achieved sustained economic development without building a strong manufacturing base. While agriculture generates raw materials, manufacturing creates jobs, stimulates innovation, develops skills and captures greater economic value.

The experiences of South Korea, China, Vietnam and Malaysia illustrate this point clearly. Each of these countries transformed rural economies by linking agricultural production to industrial expansion. Their development strategies recognised that agriculture and manufacturing are complementary rather than competing sectors.

Vietnam’s transformation is particularly instructive. Once among the world’s poorest countries, Vietnam successfully integrated its agricultural sector into a broader industrial strategy, creating globally competitive manufacturing industries while simultaneously improving rural livelihoods.

Zimbabwe’s development plans consistently emphasise value addition and beneficiation. Yet implementation remains constrained by energy shortages, limited access to finance, policy inconsistencies and inadequate investment levels. The Kentegra example suggests that attracting investment becomes easier when businesses can demonstrate both strong commercial potential and measurable social impact.

The future of Zimbabwe’s agricultural economy depends not merely on growing more crops, but on building factories, processing plants and industrial ecosystems capable of transforming those crops into higher-value products.

ESG Is Becoming a Competitive Advantage

Another notable feature of Kentegra’s growth strategy is its strong emphasis on Environmental, Social and Governance (ESG) principles.

Across global financial markets, ESG considerations have become increasingly important in determining investment decisions. Investors are no longer focused solely on financial returns. They are also evaluating environmental sustainability, social responsibility and corporate governance standards.

Kentegra’s investment in renewable energy, water conservation, agroforestry initiatives and sustainable supply chains has enhanced its attractiveness to investors. These efforts demonstrate that environmental responsibility can coexist with commercial success.

For Zimbabwean businesses, this presents both a challenge and an opportunity. As global investment flows increasingly favour sustainable enterprises, companies that fail to adopt credible ESG frameworks may struggle to access capital. Conversely, firms that can demonstrate measurable environmental and social impact may gain significant advantages in attracting investors and accessing international markets.

This shift is particularly relevant in sectors such as agriculture, mining and manufacturing, where environmental performance is becoming a key determinant of competitiveness.

Climate Change Demands a New Development Model

The environmental dimension of the Kentegra story is especially relevant given the growing impact of climate change across Africa.

Zimbabwe has experienced increasingly frequent droughts, erratic rainfall patterns and declining agricultural productivity in some regions. Climate change is no longer a theoretical concern; it is already affecting livelihoods, food security and economic growth.

Traditional development models focused solely on expanding production are becoming increasingly unsustainable. Future agricultural competitiveness will depend on the efficient use of water, energy and land resources.

Kentegra’s adoption of water-efficient irrigation systems, renewable energy technologies and agroforestry programmes demonstrates how businesses can simultaneously improve productivity and strengthen climate resilience.

Zimbabwe has significant potential to adopt similar approaches. Solar-powered irrigation systems, climate-smart agriculture, regenerative farming practices and renewable energy-powered processing facilities could dramatically improve both productivity and sustainability.

The challenge for policymakers is to create an enabling environment that encourages investment in these technologies while ensuring that rural communities benefit from the transition towards greener economic models.

Foreign Investment Is Not Enough

The Kentegra case also highlights an important debate regarding the role of foreign direct investment in economic development.

There is no doubt that external capital can play a critical role in supporting industrial growth. Manufacturing Africa’s involvement helped Kentegra secure funding that enabled expansion, job creation and increased production capacity.

However, history demonstrates that foreign investment alone does not automatically generate development. Across Africa, many resource-rich countries have attracted significant investment without achieving meaningful structural transformation.

The key difference lies in the quality of investment and its integration within the local economy.

Kentegra’s model creates linkages between investors, manufacturers, farmers and local communities. These connections generate multiplier effects that extend beyond corporate profits and contribute to broader economic development.

Zimbabwe must therefore focus on attracting investment that promotes technology transfer, skills development, local procurement and industrial diversification. Investments that merely extract resources without creating local value are unlikely to produce lasting economic benefits.

The objective should not be investment for its own sake, but investment that strengthens domestic productive capacity and expands opportunities for local communities.

The Human Development Dimension

Perhaps the most important lesson from Kentegra’s experience is that economic development is ultimately about people.

Discussions about investment, industrialisation and economic growth often focus on statistics and macroeconomic indicators. Yet the true measure of development lies in its impact on individual lives and communities.

When rural households gain access to stable incomes, the benefits extend far beyond immediate financial gains. Families are better able to educate their children, access healthcare services, improve nutrition and invest in future opportunities.

These improvements create positive intergenerational effects that contribute to long-term social and economic progress.

Zimbabwe’s rural population possesses enormous productive potential. However, unlocking that potential requires more than agricultural support programmes. It requires integrated development models that connect farmers to finance, technology, manufacturing and markets.

The Kentegra experience demonstrates that when these elements are aligned, rural development can become a powerful driver of national economic transformation.

The Bigger African Question

Beyond Zimbabwe, Kentegra raises a broader question about Africa’s development trajectory.

Can the continent build a new model of industrialisation that combines economic growth with environmental sustainability and social inclusion?

There are encouraging signs that this is already happening. Rwanda’s pharmaceutical manufacturing ambitions, Morocco’s automotive sector, Ethiopia’s industrial parks, Kenya’s biotechnology industry and South Africa’s renewable energy investments all point towards a new generation of African industrialisation.

Unlike traditional industrial models that often relied on environmental degradation and labour exploitation, emerging African industries have an opportunity to incorporate sustainability from the outset.

This could allow African countries to leapfrog older development pathways and build more resilient economies capable of competing in a rapidly changing global marketplace.

Conclusion: A Blueprint for Zimbabwe’s Future

The significance of Kentegra extends far beyond the production of natural insecticides. Its real achievement lies in demonstrating how agriculture, manufacturing, environmental stewardship and community development can work together to create sustainable economic growth.

For Zimbabwe, the lessons are clear. Rural development cannot be achieved through agricultural production alone. Farmers must be integrated into industrial value chains. Manufacturing must become a national priority. Environmental sustainability must be viewed as a source of competitive advantage rather than a regulatory burden. Investment strategies must focus on building domestic productive capacity and strengthening local communities.

Zimbabwe possesses the natural resources, entrepreneurial talent and agricultural potential required to pursue such a path. What remains is the policy consistency, institutional coordination and investment mobilisation necessary to transform potential into reality.

The Kentegra experience offers more than a business success story. It provides a blueprint for how African economies can pursue growth that is economically productive, environmentally sustainable and socially inclusive. For Zimbabwe, it is a reminder that the future of development lies not in choosing between business success and social impact, but in recognising that the two are increasingly inseparable.

The post Zimbabwe Must Learn from Kenya’s Kentegra Model: Why Rural Agriculture, Green Manufacturing and Value Addition Hold the Key to Sustainable Economic Transformation appeared first on The Zimbabwe Mail.

The Barracks, the Billionaires, and CAB3: Inside Zimbabwe’s High-Stakes Power Play as Chamisa ‘Stops’ Another Coup

The winter air in Harare carries a familiar, heavy chill — not merely from the season, but from the palpable tension radiating from the corridors of power and the silent barracks on the city’s periphery. For the first time in years, the delicate …

The winter air in Harare carries a familiar, heavy chill — not merely from the season, but from the palpable tension radiating from the corridors of power and the silent barracks on the city’s periphery. For the first time in years, the delicate equilibrium that has held Zimbabwe together since the dramatic events of November […]

The post The Barracks, the Billionaires, and CAB3: Inside Zimbabwe’s High-Stakes Power Play as Chamisa ‘Stops’ Another Coup first appeared on My Zimbabwe News.

Shock as South African Court sentences Zimbabwean smuggler to 20 years in prison

BEYOND THE BARRIER: THE DEADLY TRADE IN SMUGGLED EXPLOSIVES TEARING THROUGH SOUTHERN AFRICA MUSINA – The gavel fell with a finality that echoed through the Musina Magistrate’s Court, marking what authorities hope will be a turning point in a cros…

BEYOND THE BARRIER: THE DEADLY TRADE IN SMUGGLED EXPLOSIVES TEARING THROUGH SOUTHERN AFRICA MUSINA – The gavel fell with a finality that echoed through the Musina Magistrate’s Court, marking what authorities hope will be a turning point in a cross-border crisis that has long simmered beneath the surface of the Limpopo River. Edgar Maroto, a […]

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