• COUNTRY IN FOCUS
SM: Based on your many years of hands-on experience in the country, please highlight some of the challenges that investors may face, and how Forvis Mazars approaches these with their clients. How do businesses overcome the infrastructure issues on the ground?
LK: Lack of reliable infrastructure, such as power and transportation, can hinder business operations and increase cost. Businesses should anticipate potential infrastructure challenges and plan accordingly, potentially by investing in their own power generation or developing alternative supply chains. Businesses can also seek government support for infrastructure development projects and initiatives. Econbiz reports that Zimbabwe has an infrastructure gap of USD0.6-billion annually. Forvis Mazars helps clients develop comprehensive business plans that address potential risks and opportunities, performing risk assessments and mitigation strategies to help clients minimise potential losses. We provide real time market information so that decisions can be tailored to the situation.
SM: Do you have some advice you could share with investors when applying for mining rights in the country?
LK: Investors interested in mineral rights typically apply for them through the Mining Commissioner, after obtaining a Prospecting license. ZIDA also plays a role in facilitating investments, including onboarding, and providing aftercare to both domestic and foreign investors. Investors can also connect with mining claim holders via the ZIDA Mining Claims Matchmaking Platform.
SM: On a personal note, why is Zimbabwe your location of choice? If you could sum up Zimbabwe, what would you say?
LK: A difficult question, but for me Zimbabwe is a land of endless opportunities due to its rich natural resources, diverse wildlife and numerous tourist attractions. It boasts a variety of landscapes, including the iconic Victoria Falls, Hwange National Park and Mana Pools, offering opportunities for adventure outside of work and business. •
About Lovemore Kamuzangaza: Kamuzangaza is the managing partner at Forvis Mazars in Zimbabwe where he leads strategic initiatives and oversees audit and advisory services. A chartered accountant by profession, Lovemore holds a Bachelor of Accountancy Honours from the University of Zimbabwe, a Bachelor of Accounting Science Honours from the University of South Africa and a postgraduate diploma in Auditing from the University of Cape Town. He is a member of several professional bodies including ICAZ, PAAB, ACAMS and CIPFA. With over 20 years of experience, Lovemore has worked extensively in Zimbabwe, Namibia, Botswana and the United Kingdom. His expertise spans public sector finance, anti-money laundering compliance, international auditing standards and sector-specific work in mining, infrastructure and financial services. Lovemore is also actively involved in sustainability and development finance projects, supporting government entities and financial institutions in structuring investment and advisory engagements.
Supplied by Forvis Mazars
14 • African Mining • August 2025 www. africanmining. co. za