📲 Join our WhatsApp Channel for Breaking News! Follow on WhatsApp Xintai (Palm River Resources) will invest US$200 million to establish a fertiliser plant that…
Xintai (Palm River Resources) will invest US$200 million to establish a fertiliser plant that will produce 200,000 metric tonnes (MT) of urea and 200,000 MT of ammonium nitrate.
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Construction is scheduled to begin in June 2026, with production targeted for February 2027.
The project is expected to create jobs, strengthen the local supply of fertiliser, and improve agricultural yields through increased availability of inputs.
In parallel, the government is advancing broader sector investments, including a US$3 billion fertiliser and chemicals project by Jinfeng, supported by a planned 900MW thermal power plant.
Together, these initiatives signal a strategic shift toward domestic production, energy-backed industrialisation, and reduced reliance on imports.
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Takudzwa Karowangoro is a Zimbabwean journalist and Online News Editor at Hurumende News, where he covers national affairs, politics, business, community issues and breaking news.
He is a dedicated media professional with a passion for journalism, storytelling and keeping the public informed through accurate and timely news reporting.
In 2026, Karowangoro represented Zimbabwe and Hurumende News at the Seminar for News Officials and Journalists from the Global South in China. The programme exposed participants to developments in digital journalism, artificial intelligence, multimedia content production and modern news dissemination.
His professional interests include digital media, investigative journalism, technology, governance, business and developments shaping Zimbabwe and the wider African continent.
