AGP Executive Report
Last update: 8 hours agoLeadership in Finance: NICO Holdings Plc has appointed influential business development professional Dr Kwanele Ngwenya as Deputy Group Managing Director, effective August 1, bringing over 30 years’ leadership experience including eight years as CEO of NBS Bank. AI for Public Good: Potraz DG Dr Gift Machengete says Zimbabwe should use AI to solve local problems in a people-centred way, while ICT Minister Tatenda Mavetera says an AI Startup Unit is being set up to speed up responsible innovation. Food Security Push: Government targets expanding irrigated land to 496,000 hectares by 2030, with ARDA expected to grow irrigated output from 2,500 hectares to 25,000 hectares, alongside community and private partnerships. Trade Finance Boost: Afreximbank signed a US$190m package for CBZ Bank to strengthen trade finance and SME credit, including support for strategic energy projects. Constitutional Tensions: The People’s Coalition says the July 31 stay-away drew widespread response against the Constitutional Amendment Act No. 6 of 2026, while authorities mounted a major security operation. Returnees Support: Col Baloyi-Chiwenga urged churches and communities to support Zimbabweans returning from South Africa with counselling, shelter and links to jobs. Public Finance Scrutiny: Treasury clarified reported 143% utilisation by the Office of the President and Cabinet is not an overrun, as MPs continue to question spending priorities.
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