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Zimbabwe
Government looks to speed up reopening of ZiscoSteel ahead of presidential elections

Zimbabwe Iron and Steel Company (ZISCO) facilities in Redcliff, Kwekwe, Zimbabwe. © Philimon Bulawayo/Reuters

Thanks to funding from Kuvimba Mining House, the state-controlled firm with links with controversial business magnate Kudakwashe Tagwirei, Zimbabwean president Emmerson Mnangagwa hopes to speed up the reopening of former industrial flagship Ziscosteel in time for the 2023 elections. [...]

Published on 02/05/2022 at 06:00 GMT Reading time 3 minutes

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Mining

Set up email notifications for these topics

Bindura Nickel Corp
David Brown
Emmerson Mnangagwa
Kudakwashe "Kuda" Tagwirei
Kuvimba Mining House
Landela Investments
Lloyd Mukapiko
Mthuli Ncube
Robert Mugabe
Sekai Nzenza
Vi Holding
Vitali Machitski
ZANU-PF
ZiscoSteel

Zimbabwe
Uncertainty surrounds future of ERG's platinum stake

Harare is preparing to withdraw the Todal platinum project from the Kazakh Eurasian Resources Group. The most likely scenario is a takeover of the asset by Kuvimba, a holding company that is already struggling to raise funds because of its alleged links to businessman Kuda Tagwirei, who is under US sanctions.

Subscribers only Mining 25.04.2023

Zimbabwe
Harare backs another mining project with Kuda Tagwirei links

State miner ZCDC plans to invest $400m in a 30% stake in Great Dykes Investments' platinum mining project. But the government-backed deal is raising eyebrows because of the ties between site owner Kuvimba Mining House and the controversial tycoon Kuda Tagwirei, who is under US sanctions.

Free access Mining 30.03.2023

Zimbabwe
Ziscosteel revival divides Mnangagwa government

Kuvimba Mining House and its German technical partner SMS Group have been chosen to revive Ziscosteel, one of President Emmerson Mnangagwa's major industrial projects. Not everyone in government is convinced by this choice.

Subscribers only Mining 02.09.2022

Zimbabwe
State-owned Kuvimba Mining regains control of a parcel of the Freda Rebecca goldmine

Artisanally mined since 2018 by a local traditional leader, a part of the vast Freda Rebecca gold site is back under the control of Zimbabwe's new parastatal giant, Kuvimba Mining House.

Subscribers only Mining 11.07.2022

Zimbabwe
Imbroglio over artisanal gold mining at Mugabe's former farm

A dairy tycoon who owns a farm that until 2019 belonged to the late president Robert Mugabe has taken legal action against a scion of a rich Zimbabwean mining family, whom he has accused of illegally extracting gold from his land.

Subscribers only Mining 24.06.2022

Zimbabwe
Light glimmers at end of von Pezold compensation tunnel

At $200m, the compensation sought by the aristocratic family is the largest single claim filed in relation to the Mugabe-era land seizures of white-owned farms. After seven years of limbo, the coming months may well see a move towards a resolution of a case that has particularly irked the current head of state.

Subscribers only Business 23.06.2022

Zimbabwe
CCC legislative victory destabilises ZANU-PF

The CCC, led by Nelson Chamisa, Zimbabwean President Emmerson Mnangagwa's main opponent, has been surprisingly successful in the parliamentary by-elections, dealing a serious blow to ZANU-PF's confidence. A year before the presidential election, this has made the government fear the worst.

Subscribers only Politics 04.04.2022

Nelson Chamisa, leader of the opposition party, Citizens Coalition for Change (CCC).

Zimbabwe
Tagwirei's allies continue to dominate behind the scenes at state-owned Bindura Nickel

Officially owned since December 2020 by the public entity Kuvimba Mining House, Bindura Nickel still has several allies of the magnate Kudakwashe Tagwirei on its board, thereby perpetuating the ambiguity as to who is really in charge of the mining assets belonging to this new state-owned company.

Subscribers only Mining 14.01.2022

In Focus | Zimbabwe
Mnangagwa's favourite tycoon operates offshore to escape US gaze

Though under US sanctions imposed in mi-2020 due to his ties with President Emmerson Mnangagwa, Kuda Tagwirei is still very much in business through a galaxy of companies in Zimbabwe, South Africa and Mauritius.

Subscribers only Finance, Business 10.05.2021

Zimbabwe
Mnangagwa indulges Chinese miners despite growing unrest

Although Zimbabwe has been beset by a wave of protests against Chinese mining firms over the last month, the government is still dishing out new licences to those that are already active in the country.

Subscribers only Mining 26.04.2021

Zimbabwean President Emmerson Mnangagwa.

Zimbabwe
Business tycoon Kuda Tagwirei's stamp is all over state's new mining behemoth

Kuvimba Mining House is the name of the new state-controlled entity created to coordinate and revamp the country's largest mines. Embodying Harare's hopes for its mining sector, all the paths heading out of the company's high-potential portfolio seem nonetheless to lead to Kuda Tagwirei, one of Mnangagwa's closest allies but a man under US sanctions.

Subscribers only Mining 05.01.2021

Zimbabwe
Covid-19 hampers the Pouroulis family's search for chrome buyers

The family of mining and oil magnate Adonis Pouroulis has seen the coronavirus pandemic delay the start of production at its new mine in Zimbabwe and hamper its efforts to conclude ore offtake contracts.

Subscribers only Mining 30.06.2020

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Bindura Nickel Corp
David Brown
Emmerson Mnangagwa
Kudakwashe "Kuda" Tagwirei
Kuvimba Mining House
Landela Investments
Lloyd Mukapiko
Mthuli Ncube
Robert Mugabe
Sekai Nzenza
Vi Holding
Vitali Machitski
ZANU-PF
ZiscoSteel

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Zimbabwe
Government looks to speed up reopening of ZiscoSteel ahead of presidential elections

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Uncertainty surrounds future of ERG's platinum stake

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Africa Intelligence on social media

Indigo Publications' websites

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Indigo Publications' websites

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Zimbabwe Government looks to speed up reopening of ZiscoSteel ahead of presidential elections

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Zimbabwe Uncertainty surrounds future of ERG's platinum stake

Zimbabwe Harare backs another mining project with Kuda Tagwirei links

Zimbabwe Ziscosteel revival divides Mnangagwa government

Zimbabwe State-owned Kuvimba Mining regains control of a parcel of the Freda Rebecca goldmine

Zimbabwe Imbroglio over artisanal gold mining at Mugabe's former farm

Zimbabwe Light glimmers at end of von Pezold compensation tunnel

Zimbabwe CCC legislative victory destabilises ZANU-PF

Zimbabwe Tagwirei's allies continue to dominate behind the scenes at state-owned Bindura Nickel

In Focus | Zimbabwe Mnangagwa's favourite tycoon operates offshore to escape US gaze

Zimbabwe Mnangagwa indulges Chinese miners despite growing unrest

Zimbabwe Business tycoon Kuda Tagwirei's stamp is all over state's new mining behemoth

Zimbabwe Covid-19 hampers the Pouroulis family's search for chrome buyers

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Zimbabwe
Government looks to speed up reopening of ZiscoSteel ahead of presidential elections

Zimbabwe
Uncertainty surrounds future of ERG's platinum stake

Zimbabwe
Harare backs another mining project with Kuda Tagwirei links

Zimbabwe
Ziscosteel revival divides Mnangagwa government

Zimbabwe
State-owned Kuvimba Mining regains control of a parcel of the Freda Rebecca goldmine

Zimbabwe
Imbroglio over artisanal gold mining at Mugabe's former farm

Zimbabwe
Light glimmers at end of von Pezold compensation tunnel

Zimbabwe
CCC legislative victory destabilises ZANU-PF

Zimbabwe
Tagwirei's allies continue to dominate behind the scenes at state-owned Bindura Nickel

In Focus | Zimbabwe
Mnangagwa's favourite tycoon operates offshore to escape US gaze

Zimbabwe
Mnangagwa indulges Chinese miners despite growing unrest

Zimbabwe
Business tycoon Kuda Tagwirei's stamp is all over state's new mining behemoth

Zimbabwe
Covid-19 hampers the Pouroulis family's search for chrome buyers