Story by Batsirai Shoko
ZIMBABWE’S current account surplus and the relative stability of the ZiG exchange rate are strengthening investor confidence, with the Government maintaining a five percent economic growth forecast for 2026.
The outlook was presented at the Matabeleland North Investment Indaba, where the province showcased investment opportunities in mining, agriculture, tourism and manufacturing to attract long-term capital into export-oriented projects.
Treasury said subdued inflation and a broadly stable official ZiG exchange rate, trading at around 26 to the United States dollar, are supporting economic confidence, while market-based reforms remain central to sustaining stability.
“Looking ahead, notwithstanding heightened global uncertainty, Zimbabwe’s economic outlook remains positive, with growth projected at five percent in 2026,” Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube said.
Matabeleland North is positioning itself as a destination for long-term investment by leveraging its mining, agriculture, forestry and tourism resources to develop bankable projects that support industrialisation and export growth.
“Let us seize this moment to translate ideas into bankable projects, partnerships into investments, and investments into sustainable development that creates jobs and empowers our communities,” Matabeleland North Minister of State for Provincial Affairs and Devolution, Honourable Richard Moyo said.
Government said the next phase of economic development will prioritise value addition and infrastructure expansion to improve competitiveness.
“Our focus is to develop value chains that generate employment, increase export earnings and enable Zimbabwe to retain greater economic value within its borders, supported by continued investment in infrastructure,” Deputy Chief Secretary for Policy Analysis, Coordination and Development in the Office of the President and Cabinet, Dr Willard Manungo said.
Government says maintaining macroeconomic stability while attracting productive investment will remain central to Zimbabwe’s strategy of building a more export-oriented economy.
