Established 1997 · Zimbabwe

Spearheading the
Economic Revolution

ZEXCOM is the Zimbabwe Ex-Combatants Foundation Investment Fund Limited — a legacy investment vehicle uniting at least 4,386 liberation war veterans in building enduring wealth across property, mining, and security.

Our Investments → Our Story
4,386+
Veteran Shareholders
USD 5.1M
Total Asset Base
3
Operating Subsidiaries
28 Yrs
Of Legacy
USD 4.1M
Shareholder Equity
$0
Outstanding Debt
3
Registered Mine Sites
Eight
Board Directors, All Provinces
Zimbabwe landscape — representing ZEXCOM's roots and heritage
1997
Year of Foundation
Who We Are

A Legacy Forged in
Struggle & Sacrifice

ZEXCOM — the Zimbabwe Ex-Combatants Foundation Investment Fund Limited — was founded in 1997 by former freedom fighters who received gratuity payouts from the Zimbabwean government following the liberation struggle. Each member contributed part of their gratuity to form a collective investment enterprise.

The fund's purpose is to invest veterans' pooled resources in commercial ventures and assets that generate long-term benefits for members and their families — creating not just wealth, but an enduring economic legacy for the next generation.

Under the decisive leadership of Cde Crispen Mashayamombe, the current Board has led a remarkable turnaround: repaying USD 580,000 in inherited debt, restoring full governance, and aggressively expanding into mining and security operations.

Debt-Free Balance Sheet USD 580K debt fully repaid
USD 5.12M Asset Base Property, mining & equipment
Transparent Governance Board reinstated by EGM, Apr 2025
Social Mandate Employment for veterans' families
28 Years of Evolution

From Founding to Economic Powerhouse

1997
Foundation
War veterans pool gratuity resources. Company valued at over USD 15M with commercial property investments.
2001–2019
Provisional Liquidation
Internal disputes led to judicial management. War Veterans Ministry intervened. Liquidation removed in June 2019.
2022
New Board & Turnaround
Cde Mashayamombe elected Chairman. First AGM held. Security Company established. Debt repayment begins.
2024
Mining Expansion
Himalaya Mine (lithium/gold), Maparura Mine (200 ha gold) and Mutoko Mine (100 ha) registered and licensed.
2025
Board Reinstated — 5 Years
Extraordinary General Meeting (Apr 26, 2025) reinstates board for a five-year term, consolidating governance.
Our Subsidiaries

Three Pillars of
Diversified Growth

ZEXCOM operates three subsidiary companies, each strategically positioned to generate returns, provide employment for veterans' families, and build long-term national value.

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ZEXCOM Property Development — Harare commercial real estate
Property Development
ZEXCOM Property Development
Manages ZEXCOM's commercial real estate portfolio across Zimbabwe, generating rental income and long-term capital appreciation for shareholders.
  • Equity House, Harare — fully operational HQ
  • Portfolio across 7+ provincial locations
  • In-house property management in place
  • USD 16M phased development programme planned
ZEXCOM Mining Company — mineral extraction in Zimbabwe
Mining
ZEXCOM Mining Company
Focused on mineral exploration and extraction across Zimbabwe, targeting high-demand commodities in partnership with the Zimbabwe Mining Federation.
  • Himalaya Mine, Manicaland — Lithium, Diamond & Gold
  • Maparura Mine, Nyanga — Gold (200 hectares)
  • Mutoko Mine — Gold (100 hectares, est. 2025)
  • ZMF partnership for equipment & operational guidance
ZEXCOM Security Company — professional security services
Security Services
ZEXCOM Security Company
Established January 2022, providing professional security services across Zimbabwe while employing veterans' children and generating recurring revenue.
  • Static & patrol guard, armed security
  • Corporate, retail & hotel security
  • CCTV monitoring & access control
  • Clients: companies, hotels & parastatals
Our Social Mandate

More Than an Investment Fund.
A Legacy for the Next Generation.

ZEXCOM was built on sacrifice. Every investment decision is guided by one purpose — creating enduring wealth and opportunity for Zimbabwe's liberation war veterans and their children.

Financial Position

Debt-Free.
Growing.
Resilient.

The new board inherited a USD 580,000 debt and repaid it in full within two years — a testament to the discipline and capability of ZEXCOM's current leadership.

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USD 5.12M
Total Assets
Investment property, land & equipment across Zimbabwe
USD 4.10M
Shareholder Equity
Robust equity base supporting 4,386+ shareholders
USD 312K
Revenue (18 Months)
Core rental & operating income; growing trajectory
$0
Outstanding Debt
Completely debt-free — clean platform for growth
Board & Leadership

Guided by Experience,
Driven by Purpose

Eight directors representing all provinces of Zimbabwe, elected by and accountable to at least 4,386 ex-combatant shareholders.

Cde Crispen Mashayamombe — Board Chairperson
Chairman
Board Chairperson · Mash East Province
Cde Crispen
Mashayamombe

Appointed Board Chairperson in November 2022 at the AGM in Gweru, Cde Mashayamombe has led ZEXCOM's decisive turnaround — repaying USD 580,000 in debt, restoring transparent governance, transitioning to in-house property management, and expanding aggressively into mining and security. Under his leadership, the Board was reinstated for a five-year term at the EGM of April 2025.

Moffat Ndlovu
Mat North
Moffat Ndlovu
Vice Chairperson
Ruth K. Mhlandhla
Manicaland
Ruth K. Mhlandhla
Finance Director
Abel Mashava
Masvingo
Abel Mashava
Assets Recovery
Constance Karuma
Mash West
Constance Karuma
Dir. Admin & Mines
Charles Chifamba
Mash Central
Charles Chifamba
Security Director
Rev. Pios S. Mumbiro
Harare
Rev. Pios S. Mumbiro
Welfare Director
Simolo Tlou
Mat South
Simolo Tlou
Land Development
Board Sub-Committees
Administration
  • M. Ndlovu
  • C. Karuma
  • C. Chifamba
  • Chairperson (ex officio)
Finance & Audit
  • R. K. Mhlandhla
  • A. Mashava
  • C. Chifamba
  • Chairperson (ex officio)
Social Welfare
  • P. S. Mumbiro
  • C. Karuma
  • S. Tlou
  • R. K. Mhlandhla
  • Chairperson (ex officio)
Assets Recovery & Legal
  • A. Mashava
  • M. Ndlovu
  • S. Tlou
  • P. S. Mumbiro
  • Chairperson (ex officio)
Get In Touch

Partner With ZEXCOM

Whether you are a shareholder, prospective investor, or strategic partner — ZEXCOM welcomes engagement rooted in the shared vision of Zimbabwe's economic revolution.

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Registered Office
Equity House, Harare, Zimbabwe
Full Legal Name
ZEXCOM Foundation Investment Fund Limited
Membership
4,386+ Ex-Combatant Shareholders