Sable Chemicals gets US$44m lifeline

Sable Chemicals has received an initial capital injection from the Mutapa Investment Fund as part of efforts to revive operations at Zimbabwe’s sole ammonium nitrate producer.

The funding, released at the end of January, 2026, amounts to US$44 million and marks a major step toward restoring full production at the Kwekwe-based plant.

A substantial portion of the funds will be channelled towards settling long-standing debts owed to ZESA, ZINWA, and the company’s workforce, whose outstanding salaries had accumulated over time. The financial support is expected to stabilise the institution and create a clean slate for effective restructuring.

Technical revival works are already underway, with engineers on-site attending to critical infrastructure, including boilers and electrical systems. These repairs form part of the broader plan to restore the plant’s production capacity, boost domestic fertilizer availability, and strengthen Zimbabwe’s agricultural value chain.The resuscitation of Sable Chemicals is widely viewed as a strategic move to enhance national self-sufficiency in fertilizer production, reduce import dependence, and support the country’s long-term agricultural productivity agenda

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