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Search results: Zimbabwe Investment Development Agency (ZIDA)

Mine Workers Drive Zimbabwe’s Mining Engine Amid Rising Fatalities and Wage Injustices – ZDAMWU

Zimbabwe’s mining industry employs over 50,000 formal workers and contributes 70% to foreign direct investment, 80% to exports, and 19% to government revenues, making mine workers the undeniable backbone of the national economy. Yet, despite their...

Mining and Energy Sectors See Strong Investment in Zimbabwe’s Q1 2025: ZIDA

The Zimbabwe Investment and Development Agency (ZIDA) has reported robust investment activity in the first quarter of 2025, with particular emphasis on the mining and energy sectors, both of which are vital to Zimbabwe’s economic growth. By...

ZIDA Q3: Mining Dominates, Accounts for 50% of Total Projected Investment Value

According to the Zimbabwe Investment Development Agency (ZIDA) Q3 report, the mining sector accounted for half of the projected value of licensed projects, totalling US$1.171 billion for the quarter. This highlights the sector's significant role in...

Zimbabwe Courts Canadian Investors to Unlock Mineral Wealth

The Zimbabwe government is actively courting Canadian investors to tap into the country's rich mineral resources. The Zimbabwe Investment Development Agency (ZIDA) and the government are working to conclude talks regarding Exclusive Prospecting Orders (EPOs) and...

ESG Compliance Crucial to Zimbabwe’s Investment Strategy, Says Senior Official

Environmental, Social, and Governance (ESG) compliance is central to Zimbabwe's foreign direct investment strategy, with all investors required to adhere to ESG principles, according to Mr Willard Manungo, Deputy Chief Secretary to the President and Cabinet.By...

Ban All Foreign Small-Scale Gold Mining in Zimbabwe

While Zimbabwe is actively seeking investment in the mining industry to drive economic growth and achieve the Vision 2030 goals, there has been a strong call from miners and leaders alike for responsible investment, Mining Zimbabwe...

Mining Accounts for 18% Projected Investment Value in Q1 2024

The mining sector accounted for 18% of the projected investment value based on the number of licenses issued, as stated by Zimbabwe Investment Development Agency (ZIDA) CEO Tafadzwa Chinamo.By Rudairo MapurangaChinamo noted that the services sector...

Zimbabwe Lithium exports can surpass gold – Chinamo

The Zimbabwe Investment and Development Agency (Zida) CEO, Tafadzwa Chinamo, has stated that lithium could surpass gold as the country's primary forex earner due to increasing investor interest in the mineral. Chinamo revealed that there had been...

ZIDA Digital Platform Aims to Boost Small-Scale Mining Operations

The Zimbabwe Investment Development Agency (ZIDA) has enhanced its digital platform to connect small-scale miners with potential investors, providing a significant boost to the growth and development of the mining sector, Mining Zimbabwe reports.By Rudairo MapurangaSpeaking...

ZIDA Advised to Consider Skills Transfer When Issuing Licenses

The Zimbabwe Investment Development Agency (ZIDA) has been urged to adopt policies that ensure foreign investors employ 99% of their workforce from the local labour pool, promoting skills transfer and preventing the export of jobs, Mining...

ZIDA matchmaking platform positively received in Australia

The Zimbabwe Investment Development Agency (ZIDA) says the matchmaking platform which was launched in late August has been positively received by Australian investors who are keen to invest in the country's mineral and energy industry.Rudairo MapurangaZIDA...

Exploration beckons for Invictus as EMA gives environmental green light

Invictus Energy can now start exploration at its Muzarabani project after the Environmental Management Authority (EMA) approved the company’s Environmental Impact Assessment (EIA) plan.A certificate has been issued to Geo Associates, which is 80% owned by...

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