Zimbabwe expects to produce more than 360 million kilograms (793 million pounds) of tobacco this year, surpassing a 2025 record of 355 million kilograms, the agriculture ministry said.

Zimbabwe’s annual inflation rate has fallen below 10% for the first time since 1997, a milestone for a nation once synonymous with hyperinflation and trillion-dollar banknotes. The question now is whether the stability can last.

Zimbabwe’s economy could grow at its fastest pace in 14 years after the nation secured a 10-month staff-monitored program with the International Monetary Fund, its secretary for finance and economic development said.

Zimbabwe, after years of talks with the International Monetary Fund, has secured a 10-month staff-monitored program, a crucial step toward clearing billions of dollars in debt arrears.

Zimbabwe’s state-owned Mutapa Platinum Group said it has approached other miners to help it develop a $500 million mine in the country.

Zimbabwe’s High court said Impala Platinum Holdings Ltd.’s local unit is not liable to pay mining royalties of $7.1 million on exports matte and concentrates.

Zimbabwe’s annual inflation rate fell to single digits for the first time since 1997, a development authorities say is essential to adopting the gold-backed ZiG as the country’s sole currency by 2030.

Zimbabweans living abroad sent $2.45 billion back to the southern African nation last year, a 14% increase over 2024.

Zimbabwe remains committed to curbing inflation, but plans to shift the focus of monetary policy to place more emphasis on managing the money supply, the central bank said.

Zambia and Zimbabwe agreed to each contribute $220 million to build the delayed $4.2 billion Batoka Gorge hydropower plant that will supply electricity to both nations.

Zimbabwe will continue to make strategic mineral purchases in 2026 in order to build its foreign currency reserves, as it pushes ahead with plans to adopt the ZiG as its sole currency by 2030, central bank governor John Mushayavanhu said on Sunday.

Econet Wireless Zimbabwe Ltd. will voluntarily delist from the Zimbabwe Stock Exchange, citing a persistent valuation discount to regional peers.

Zimbabwe plans to start building a floating solar plant on the world’s largest human-made lake next year.

South African private equity firms and lenders will invest $600 million in debt and equity on a dry port in the Democratic Republic of Congo to ease congestion on one of Africa’s busiest mineral corridors.

Zimbabwe’s small-scale gold producers said government plans to double a mining royalty will deter investment and spur an increase in smuggling of the precious metal.

Zimbabwe doesn’t intend to completely wean itself off utilizing the US dollar, even as it moves toward adopting the ZiG as its primary currency by 2030.

Zimbabwe will introduce a new royalty structure for gold miners as the mineral-rich southern African nation seeks to cash in on a surge in the price of the metal.

Zimbabwe expects to build a sufficient foreign-exchange buffer to enable it to transition to a single currency and phase out the use of US dollars in everyday transactions within the next three years, the deputy central bank governor said.