Business
Dorowa Mine Set for Full Production by March 2026, Says MIF
The government, through the Mutapa Investment Fund (MIF), has invested US$5.3 million to restart operations at Dorowa Mine, aiming to boost local fertiliser production, cut reliance on imports, and provide farmers with safer, more affordable products.
An additional US$11 million is expected to be released to enable the mine to reach full production by March 2026, targeting an annual output of 150,000 tonnes of phosphate concentrate.
The announcement was made by Tatenda Chimusoro, Head of Investments for Agriculture and Industrials at MIF, during a tour of fertiliser companies conducted by the Parliamentary Portfolio Committee on Industry and Commerce on Tuesday.
“MIF is focused on reviving struggling state-owned enterprises through profit-driven loans that strengthen value chains. The Dorowa project will enable the mine to reach its full potential and supply phosphates for local fertiliser blending, meeting farmers’ demands,” Chimusoro said.
Silinos Mapfumo, a ZimPhos board member, told the committee that phosphates mined at Dorowa are processed into NPK basal fertilisers used during planting, ensuring high-quality products are available nationwide.
Committee chairperson Clemence Chiduwa said the visit was vital for understanding Zimbabwe’s domestic fertiliser value chain. “It is critical to see how local production can meet farmers’ needs, create jobs, and reduce reliance on imports,” he said.
Mapfumo added that the fertiliser sector is a priority under the National Development Strategy 1 (NDS1), noting that the government already holds a significant stake in the industry through MIF, with management by the Industrial Development Corporation of Zimbabwe (IDCZ).
Zimbabwe currently imports a large portion of its fertiliser, often at higher costs and with risks of contamination from substances like cadmium and lead. The Dorowa Mine revival is expected to lower prices, create jobs, and strengthen agricultural output.
Chimusoro emphasised that the fund’s intervention is timely. “Once fully operational by March, Dorowa Mine will secure a sustainable fertiliser supply, protect farmers, and reduce dependence on imported products,” he said.
Dorowa Mine, a subsidiary of the Chemplex Group of Companies, had temporarily halted operations to allow for major plant upgrades.
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Business
Zimbabwe Bets Big on Biotech to Fuel Industrial Revolution

Dr. Eng. Willie Ganda
By Enia Dube
The Minister of Higher and Tertiary Education, Innovation, Science and Technology Development, Hon. Dr Fredrick Shava, has thrown his weight behind biotechnology as a key driver of the country’s industrialisation and modernisation agenda.
Speaking at the National Biotechnology Authority (NBA) Strategic Planning Workshop in Kadoma, Dr Shava urged the Authority to identify biotechnology-led opportunities that can boost national production and accelerate economic growth.
“Biotechnology serves as a key catalyst for NDS2 implementation, advancing inclusive economic growth, job creation, and sustainable industrial development,” Dr Shava said, emphasising the need to integrate biotechnology into national value chains to unlock a biotechnology-driven economy. He added that this would turn innovation into industry, knowledge into enterprise, and science into jobs.
The NBA has made notable progress in establishing a strong regulatory framework, promoting biotechnology research and commercialisation, and raising public awareness about the sector’s potential. The Authority has successfully commercialised products such as Mapfura wine and Cofsol cough syrup, and has several other biotechnology products in the pipeline.
Incoming NBA Board Chairperson, Professor Idah Sithole-Niang, echoed Dr Shava’s sentiments, emphasising that the Authority’s five-year strategic plan must meaningfully contribute to the attainment of Vision 2030. “This event marks a significant milestone in the Authority’s ongoing efforts to enhance the role of biotechnology in Zimbabwe’s socio-economic development,” she said.
The workshop aimed to realign priorities and resources in response to emerging technologies and global biotechnology trends, and develop a strategic roadmap to strengthen biotechnology as a key driver of Zimbabwe’s socio-economic transformation. The rapidly evolving global biotechnology landscape, including advancements in gene editing, bio-manufacturing, and climate-smart innovations, presents both new opportunities and challenges for Zimbabwe.
“We recognise the pressing need for an inclusive and forward-looking strategic plan that can navigate the complexities of the biotechnology landscape,” Professor Sithole-Niang noted. The workshop was attended by researchers, government officials, and NBA staff, who are optimistic about the potential of biotechnology to drive Zimbabwe’s economic transformation and achieve Vision 2030.
Business
GAS COMPANY, DIRECTOR IN COURT OVER ALLEGED TAX VIOLATIONS
A Harare-based liquefied petroleum gas retailer, Prompt Gas, and its director, Gift Patsika, have appeared in court on allegations of breaching tax and exchange control regulations involving more than R8 million.
The pair appeared before regional magistrate Marewanazvo Gofa on Wednesday.
According to prosecutors, detectives from the CID Asset Forfeiture Unit were deployed on Monday under an operation code-named “Pressure Valve,” which focused on inspecting fuel and LPG businesses for compliance in areas such as licensing, pricing, funding sources and banking transactions.
Investigators visited Prompt Gas premises at 1170A3 Mutare Road, where initial checks indicated that the company had imported gas from Mozambican supplier IPG between January 1 and November 18 this year at a cost of R8,006,055.75.
The State alleges that Patsika failed to furnish proof that the imports were processed through formal banking channels as required. Authorities further claim the company made offshore payments without Reserve Bank of Zimbabwe approval, in violation of exchange control regulations.
The court also heard that the origins of the funds used for the purchases could not be accounted for, raising possible money laundering concerns.
The matter is expected to continue as investigations proceed.
Business
Zimbabwe Slashes Energy Costs in Bid to Boost Economy

The Zimbabwean government has taken a significant step towards reducing business costs and attracting investment by slashing a range of licenses, levies, and fees in the energy sector. This move is part of a broader effort to modernize regulation and make the country a more competitive destination for capital.
The reforms are a direct response to the need to reduce the cost of doing business and accelerate growth in key energy subsectors, said Information Minister Dr. Jenfan Muswere, announcing the measures after Tuesday’s Cabinet meeting. The review followed extensive consultations with ministries, government agencies, and energy sector players, and forms part of the broader reform package approved by Cabinet in July last year.
The Zimbabwe Energy Regulatory Authority licence application fee has been reduced from US$2,500 to US$2,000, while the solar generation licence fee of US$2,875 has been completely removed. The petroleum import procurement license has been cut by half from US$30,000. In rural areas, the fuel retailing license has been reduced from US$200 to US$150, and the LPG retail license fee is being reduced by 50% from the current US$230.
The government recognizes that energy investment had been largely carried by the state, a position that had become unsustainable due to limited fiscal space. The new fee structure is intended to open the sector to more private investors by lowering barriers and eliminating outdated charges. “Government continues to prioritise reforms that improve the ease of doing business in order to attract and retain investment,” Dr. Muswere said.
The announcement adds to a growing list of business reforms underway across multiple sectors, including sweeping license consolidations and fee cuts in retail, hospitality, and financial services. These broader measures have included merging fragmented shop licenses, eliminating redundant permits, capping SME license fees at US$500, and cutting hotel license fees by 50%. Additional refinements to the new energy fee schedule will be finalised before gazetting once ministries complete the necessary legislative and administrative adjustments.
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