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Zimbabwe
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for the 08 Dec - 14 Dec
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Zimbabwe’s economy is projected to grow 6.6% in 2025, led by agriculture, services, and mining. With 5% growth forecast for 2026. Inflation is expected to ease to single digits, aided by tight monetary policy. The Zimbabwe Economic Update calls for regulatory reforms to ease business operations and maintain macroeconomic stability. While growth may reduce poverty, rural households remain vulnerable to weather shocks and inflation, highlighting the need for inclusive, sustained reforms.
Zimbabwe’s rail modernization plan has expanded from an initially stated $533 million to a $3 billion upgrade under NDS2. The revised program includes new rail lines, major corridor upgrades, 1,700km of rehabilitation, locomotive and wagon purchases, and re-electrification of key routes. Funded through PPPs, debt and state vehicles, the plan aims to boost freight capacity, support mining and industry, and restore the National Railways of Zimbabwe as a core economic driver.
Bulawayo City Council revised its Land Alienation Policy for Non-Residential Land to remove barriers that frustrated investors. Powers for major investment land allocation have shifted from the Town Planning Director to the City Economic Development Officer (Cedo), who will coordinate expressions of interest and tenders. The Town Planning Department will manage land post-allocation and handle minor investments. Developers welcomed the changes, saying they will streamline processes, attract investment, and boost city development.
Econet Wireless, Zimbabwe’s largest telecom, says its share price on the local stock exchange is “grossly undervalued,” limiting its ability to raise capital for network investment and technology upgrades. The company is evaluating corporate measures to boost shareholder value, improve financing access, and strengthen long-term competitiveness. Investors are cautioned as these measures could materially affect the company’s securities. Econet serves over 16 million clients with a 72% market share.
Zimbabwe has extended its duty-free vehicle import policy for safari operators to boost tourism investment and modernize safari fleets. Announced by Finance Minister Mthuli Ncube, the policy aims to enhance service delivery, attract international visitors, and support eco-friendly, low-carbon tourism. Complementary incentives, including tax holidays and duty-free allowances, will further stimulate investment. The measures position Zimbabwe as a competitive, sustainable safari destination and strengthen the tourism sector’s contribution to the national economy.
ARDA partnered with 300 Mashonaland West farmers to increase traditional grain production this season, targeting 15,000 hectares out of the province’s 46,000-hectare goal. The initiative provides inputs, drought-tolerant seeds, and technical support, including drone-assisted monitoring. Officials said the program builds climate resilience, improves yields, and advances food security. ARDA aims to expand production further, promoting sustainable, climate-smart farming while supporting national food self-sufficiency and nutritional security.