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Zimbabwe
Exit of Vi Holding and Lafarge tightens Tagwirei's grip

The two biggest international investors in Zimbabwe are pulling out at the same time and selling their assets to companies with links to the powerful magnate and presidential adviser Kuda Tagwirei. [...]

Published on 10/06/2022 at 06:00 GMT Reading time 3 minutes

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Mining

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Emmerson Mnangagwa
Fossil Group
Fossil Mines
Great Dyke Investments
Huaxin Cement
John Stull
Kuda
Kudakwashe
Kuvimba Mining House
Lafarge
Lafarge Zimbabwe
Lafarge-Holcim
Obey Chimuka
Sotic International
Tagwirei
Vi Holding
Vitali Matchiski

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
Tainted by its ties to tycoon Tagwirei, Kuvimba steps up mining at Ziscosteel

US sanctions imposed on business baron Kudakwashe Tagwirei have deterred investors from helping Kuvimba Mining House resume activity at Zimbabwe's historic steel mill. To compensate, production at the Ripple Creek iron ore mine is expected to be restarted.

Subscribers only Mining 01.02.2023

Zimbabwe
US sanctions hamper Obey Chimuka's mining ambitions

Washington has placed sanctions on the Fossil Group boss and close associate of local magnate Kuda Tagwirei. The projects of the companies he is involved in, including the platinum project of Great Dyke Investments, will now have a hard time finding investors.

Subscribers only Mining, Business 23.12.2022

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

Malawi
Chakwera bets on rare earth boom to fix country's financial woes

Amid an increasingly tense economic situation, President Lazarus Chakwera has welcomed progress made by the Canadian firm Mkango Resources on its rare earths project in Malawi. The head of state had promised to revive the country's mining industry by 2025 after a period of no large-scale production since 2014.

Subscribers only Mining 18.07.2022

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
Tagwirei ally's Fossil Group hits the jackpot with public contracts

Owned by an ally of Zimbabwean tycoon Kuda Tagwirei, a target of US sanctions, the Fossil Group has won more than 15 public works contracts since June, more than many of its rivals.

Subscribers only Business 01.12.2021

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's tax gift to mining magnate Tagwirei

The magnate Kuda Tagwirei, who is an advisor to President Emmerson Mnangagwa, has been granted a substantial tax exemption on one of his mining companies. He is already suspected of being the éminence grise behind Harare's new parastatal, Kuvimba Mining House.

Subscribers only Mining 04.02.2021

Zimbabwe
Israeli-Russian magnate Vitaliy Machitski's mining raid

Israeli-Russian business tycoon Vitaliy Machitski is continuing to make waves [...]

Subscribers only Mining 27.03.2018

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Emmerson Mnangagwa
Fossil Group
Fossil Mines
Great Dyke Investments
Huaxin Cement
John Stull
Kuda
Kudakwashe
Kuvimba Mining House
Lafarge
Lafarge Zimbabwe
Lafarge-Holcim
Obey Chimuka
Sotic International
Tagwirei
Vi Holding
Vitali Matchiski

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Zimbabwe
Exit of Vi Holding and Lafarge tightens Tagwirei's grip

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create a free account

Set up email notifications for these topics

Zimbabwe
Harare backs another mining project with Kuda Tagwirei links

Zimbabwe
Tainted by its ties to tycoon Tagwirei, Kuvimba steps up mining at Ziscosteel

Zimbabwe
US sanctions hamper Obey Chimuka's mining ambitions

Zimbabwe
Ziscosteel revival divides Mnangagwa government

Malawi
Chakwera bets on rare earth boom to fix country's financial woes

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
Tagwirei ally's Fossil Group hits the jackpot with public contracts

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

Zimbabwe
Mnangagwa's tax gift to mining magnate Tagwirei

Zimbabwe
Israeli-Russian magnate Vitaliy Machitski's mining raid

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

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Zimbabwe Exit of Vi Holding and Lafarge tightens Tagwirei's grip

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Zimbabwe Harare backs another mining project with Kuda Tagwirei links

Zimbabwe Tainted by its ties to tycoon Tagwirei, Kuvimba steps up mining at Ziscosteel

Zimbabwe US sanctions hamper Obey Chimuka's mining ambitions

Zimbabwe Ziscosteel revival divides Mnangagwa government

Malawi Chakwera bets on rare earth boom to fix country's financial woes

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 Tagwirei ally's Fossil Group hits the jackpot with public contracts

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

Zimbabwe Mnangagwa's tax gift to mining magnate Tagwirei

Zimbabwe Israeli-Russian magnate Vitaliy Machitski's mining raid

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

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

Zimbabwe
Exit of Vi Holding and Lafarge tightens Tagwirei's grip

Zimbabwe
Harare backs another mining project with Kuda Tagwirei links

Zimbabwe
Tainted by its ties to tycoon Tagwirei, Kuvimba steps up mining at Ziscosteel

Zimbabwe
US sanctions hamper Obey Chimuka's mining ambitions

Zimbabwe
Ziscosteel revival divides Mnangagwa government

Malawi
Chakwera bets on rare earth boom to fix country's financial woes

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
Tagwirei ally's Fossil Group hits the jackpot with public contracts

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

Zimbabwe
Mnangagwa's tax gift to mining magnate Tagwirei

Zimbabwe
Israeli-Russian magnate Vitaliy Machitski's mining raid