Zimbabwe News Update

🇿🇼 Published: 02 January 2026
📘 Source: Lusaka Times

Taifa Group is moving to deepen its regional platform with a planned investment of more than US $500 million in Zambia over the next two years, targeting gas distribution, power generation and contract mining. For the East African businesses that have long argued for scale, value addition and intra-Africa capital, the announcement that heralds Taifa Group’s entry into Southern African country is notable for its clarity on scope, timelines and delivery. The effort is being driven by Chairman Rostam Aziz, whose leadership is increasingly defined by execution at industrial scale and by an insistence that regional growth must be built on practical infrastructure that improves lives and productivity.

Zambia’s economic prospects are closely tied to renewed momentum in copper mining, alongside agriculture and manufacturing. Taifa Group is positioning itself to support that resurgence through the essentials that keep industry running, while strengthening the long term growth path of the Group across multiple markets. “Zambia has become a major focus country for Taifa Group due to industrial ties, proximity and opportunities that are arising.

We have some areas of focus but for now, we mainly concentrate on gas – both for home and industrial use,” Aziz said. The immediate commercial logic is demand for reliable, cleaner energy inputs across households and industry. The broader regional logic is that lack of energy access remains one of the most important constraints on productivity across East Africa and neighbouring markets.

📖 Continue Reading
This is a preview of the full article. To read the complete story, click the button below.

Read Full Article on Lusaka Times

AllZimNews aggregates content from various trusted sources to keep you informed.

[paywall]

Taifa Group is placing capital where the constraint is most visible, and where improvement can translate into measurable economic gains. “We also have pipeline projects which include 500 megawatts power generation by solar PV because we believe we have a role to play in alleviating the current acute power problem. We are also focused on bringing our mining expertise that we have accumulated for over 30 years, mainly in contract mining and supply of key mining equipment and inputs.

So, altogether, we are looking to invest US $500 million in Zambia over the next 24 months,” he said. In energy, credibility is earned through availability. Taifa Gas is expected to begin shipping LPG to Zambia in June this year – 2026, alongside investments in distribution networks designed to keep supply consistent and accessible. This is where Aziz’s approach matters for both Zambia and East Africa – success is built in depots, logistics and service coverage, not simply in headline numbers.

[/paywall]

📰 Article Attribution
Originally published by Lusaka Times • January 02, 2026

Powered by
AllZimNews

By Hope