• Leadership Appointment: Appointed after serving as Acting General Manager since July 2023.
  • Achievements Under Interim Leadership: Achieved a 21% increase in mineral sales, expanded export markets to countries like Australia and China, and invested in local government labs
  • Future Focus: Will guide MMCZ’s strategic direction and daily operations, with an emphasis on enhancing resource management and marketing strategies

Harare- The Minerals Marketing Corporation of Zimbabwe (MMCZ) has announced Dr. Nomusa Jane Moyo as its new General Manager, effective immediately. Dr. Moyo, who has been the Acting General Manager since July 2023, brings with her over four years of experience in the role, earning her the Board's confidence in her permanent appointment.

MMCZ Board Chairman, Mr. Jemister Chininga, praised Dr. Moyo for her extensive background, which spans 24 years in public sector entities. Her career includes significant stints at the Zimbabwe Revenue Authority, the Grain Marketing Board, and with MMCZ itself since December 2009. Additionally, Dr. Moyo has served on various boards, both public and private, and is known for her expertise in corporate governance, often presenting and lecturing at both local and international conferences.

Under Dr. Moyo's interim leadership, MMCZ saw some achievements in 2024, including Increased Mineral Sales: A 21% increase in sales was recorded, with a total of 3.9 million metric tonnes of minerals sold, compared to 3.2 million in 2023. Export Market Expansion: New markets were developed in countries like Australia, China, Colombia, Burundi, and India, enhancing Zimbabwe's reach in mineral trade. Mineral Leakage Prevention: Investment in equipment for local government labs aimed at improving the assay and characterization of minerals, thereby reducing losses. Value Addition Initiatives: Establishment of a gemstone cutting and polishing training centre at the Zimbabwe School of Mines, promoting local beneficiation.

Dr. Moyo's academic credentials are equally impressive, holding a Doctorate in Laws specializing in corporate governance, a Master's in Laws, a Bachelor of Laws, and a BSc Honours in Economics. She is also a member of the Law Society of Zimbabwe and the Chartered Governance and Accountancy Institute.

Mr. Chininga expressed optimism about the future under Dr. Moyo's stewardship, stating, "We are confident that Dr. Moyo's leadership and expertise will guide the Corporation towards continued success, creating value for all stakeholders."

Dr. Moyo will now steer MMCZ's strategic direction, manage daily operations, and strengthen ties with stakeholders and industry partners, aiming to maximize returns through effective resource management and marketing strategies. Her appointment is seen as a pivotal move for MMCZ, promising further growth and development in Zimbabwe's mineral sector.

Zimbabwe however battles with upscaling it's raw mineral produce through beneficiation. The country largely exports raw minerals and it is the duty of policy makers as well as the MMCZ to lead beneficiation efforts ahead of marketing. The country earns about US$5billion from raw minerals exports largely composed of gold and PGMs.

Governments once mooted a PGM beneficiation policy which has not yet fully materialized leading to loss of national income. The recent discovery of lithium in the country and the rush from Chinese investors has led to pockets of investments with promises of value chain investment in EV lithium batteries.

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