For the better part of a decade, Zimbabwe’s banking sector operated on a model that would be unrecognisable in most developed financial markets. Fees and commissions, not interest income from lending,

Cabinet has approved two separate pieces of water sector legislation at its seventeenth meeting, the principles of the Water Act Amendment Bill and the Zimbabwe National Water Authority Amendment Bill

The Reserve Bank of Zimbabwe’ s Monetary Policy Committee held on  the 15th June 2026, has resolved to reduce the Bank Policy Rate from 35% to 30% per annum with immediate effect, simultaneously reduc

Zimbabwe’s Apex Bank,  Reserve Bank of Zimbabwe has reduced the Targeted Finance Facility rate from 20% to 15% with a cap on banks' on-lending to productive sectors at an all-inclusive rate of 25%, an

Foreign currency inflows into Zimbabwe's banking system reached USD 8.3 billion in the five months to 31 May 2026, against USD 6 billion in the same period of 2025, a 39.1% year-on-year increase that

The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing

People's Own Savings Bank and AFC Insurance Company signed a bancassurance partnership agreement on the 16th of June 2026, under which POSB will distribute a suite of AFC Insurance products through it

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

The Zimbabwe National Road Administration (ZINARA) is approaching the final stages of repaying a US$206 million loan obtained from the Development Bank of Southern Africa (DBSA) to finance the rehabil

Finance Minister Professor Mthuli Ncube has held discussions at the headquarters of China State Construction Engineering Corporation in Beijing with CSCEC Chairman Wang Wei and President Chen Lie, foc

Cabinet has approved a plan to expand national ethanol production from 155 million litres to 600 million litres annually by 2035, a 287% increase that the government has framed as a transformative int

Zimbabwe's Food Poverty Line for one person stood at ZWG 921.72 in June 2026, the amount ZimStat calculates as necessary to afford the daily minimum energy intake of 2,100 calories on its confirmed co

Government has held firm on the January 2027 ban on lithium concentrate exports despite the industry’s request for a six month extension. The decision has shifted Zimbabwe’s lithium policy from aspira

Zimbabwe's mobile money sector has entered a new phase, one in which the platform that wins will not be the one with the biggest digital wallet but the one that can put physical cash in a customer's h

Zimbabwe's monthly maize imports fell to USD 18.8 million in May 2026, the lowest reading since August 2025's post-harvest suppression low of USD 1.34 million, from a peak of USD 84.7 million in Decem

Green Hybrid Power and the Intensive Energy Users Group are targeting financial close by October 2026 on a US$400 million floating solar project at Lake Kariba. Intensive Energy Users Group (IEUG) ch

Air Zimbabwe will resume direct flights between Harare and London by the end of July 2026, ending a 15-year absence from one of the airline's most strategic international routes. This was confirmed a

Zimbabwe’s digital economy is beginning to consume data much faster than it is adding internet users, forcing telecommunications operators, technology companies and policymakers to redirect investment

Zambia commissioned the 100MW second phase of the Chisamba Solar Power Plant on 21 July 2026, doubling installed capacity at the Central Province site to 200MW and creating the country’s largest solar

resident Emmerson Mnangagwa has told an industrialisation conference last week that Zimbabwe would rather leave its minerals in the ground than export them unprocessed, declaring the era of what he ca