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Mthuli Ncube Projects Single-Digit Inflation and Near-Balanced 2026 Budget

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Itai Mazire 

Finance and Economic Development Minister Professor Mthuli Ncube says Government will continue pushing ease-of-doing-business reforms to strengthen the country’s economic environment and support investment growth.

Presenting the latest fiscal and economic projections, Prof Ncube said inflation is expected to fall to single-digit levels by the first quarter of next year, signalling improved currency stability.

“The country’s current account balance is projected to rise to US$1.4 billion in 2026, up from the US$1.3 billion estimated for 2025. The improvement is expected to be driven by stronger export performance and increased diaspora remittances.

Cumulative revenue collections for 2025 are expected to reach ZiG215.7 billion (US$7.96 billion), against expenditures of ZiG219.46 billion (US$8.10 billion). This will result in a budget deficit of ZiG3.8 billion (US$140.1 million), equivalent to -0.3 percent of GDP,” said Minister Ncube.

On public debt, he reported that Zimbabwe’s Public and Publicly Guaranteed (PPG) debt stood at ZiG622.3 billion, or 44.7 percent of GDP, as of September 2025.

“Looking ahead to 2026, Government is projecting revenue collections of ZiG288 billion. Together with borrowing capacity, this will support an overall expenditure envelope of ZiG290 billion, amounting to 17 percent of GDP,” the Minister stated.

The projections point to a near-balanced budget with a small deficit of ZiG3.2 billion.

Prof Ncube also revealed that Zimbabwe received US$386.1 million in development assistance between January and September 2025, against a full-year target of US$500 million.

“For 2026, development support is expected to decline to US$350 million, representing a 30 percent drop from the 2025 projection,” he added.

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Government Hails Muroodzi River Rehabilitation Pilot

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By Itai Mazire

A high-level government delegation, led by Deputy Chief Secretary in the Office of the President and Cabinet, Engineer Amos Marawa, has praised the progress made on the pilot project of the Presidential River Rehabilitation Program at Muroodzi River in Mazowe.

The delegation, which included secretaries from various government departments, expressed satisfaction with the ongoing de-siltation and restoration efforts being carried out by Prevail Group of Companies, owned by Special Advisor to the President, Dr. Paul Tungwarara.

Engineer Marawa said the initiative is set to be rolled out nationwide.

“All provinces are working to identify degraded river sites so we can quantify the amount of rehabilitation work required,” he said.

“To kick-start this process, the government approved a pilot project, which was implemented at Muroodzi River in Mazowe.”

The project, which began last year, initially focused on a five-kilometre stretch of the river.

“We developed a rehabilitation plan in consultation with Prevail International, the company appointed for the work,” Eng. Marawa explained.

“They have already restored about three kilometres, starting with the most degraded section of the five-kilometre stretch. We are here to assess the quality of their work, and we are pleased with the progress in de-siltation and river restoration.”

Prevail International Project Manager, Simbarashe Makonese, outlined the challenges and solutions implemented.

“This site was heavily mined, with excessive silt in the river, unstable banks, and eroded riverside slopes. Our work has involved removing silt, stabilising degraded slopes, installing soil erosion control sheets, and rehabilitating the riverbanks,” he said.

Mrs. Tendai Sithole, Chief Executive Officer of Prevail International, highlighted the project’s achievements.

“We intentionally started with a five-kilometre stretch of Muroodzi River, and to date, three kilometres have been restored. Our work has restored irrigation, agricultural activities, and access to clean and safe water for communities along the river,” she said.

The Presidential River Rehabilitation Program is a key government initiative aimed at reversing extensive environmental damage caused by years of illegal and uncontrolled riverbed mining.

Such activities led to severe siltation, disrupted water flow, and negatively affected irrigation, agricultural productivity, and access to clean water for communities.

The government has banned riverbed mining through Cabinet resolutions, reinforced by Statutory Instrument 88 of 2024.

The Muroodzi River project serves as a prototype, demonstrating practical and sustainable methods for restoring degraded rivers and improving water flow. Once the model proves successful, plans are in place for a national rollout across all provinces.

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Chamisa Under Fire as High Court Is Asked to Probe CCC Finances

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Chamisa Leaves Flock Behind

A Harare resident has petitioned the High Court, calling for former Citizens Coalition for Change (CCC) leader Nelson Chamisa to account for the party’s finances before establishing or registering any new political formation.

The applicant, Mr Talent Rusere, filed the application on Thursday, arguing that Mr Chamisa should not be permitted to launch another political entity without first ensuring a transparent handover of CCC affairs and a full audit of the party’s financial records.

In his court papers, Mr Rusere is requesting a comprehensive review of CCC assets and expenditures, including an armoured vehicle allegedly acquired for Mr Chamisa in 2021, as well as the management of both public and donor-funded resources.

He further argues that the audit should be conducted independently, certified by the Auditor-General, and formally acknowledged by the party’s current leadership.

The application also seeks an order compelling Mr Chamisa to submit a sworn financial statement within 21 days, outlining how party funds were handled during his time at the helm.

The matter is now awaiting consideration by the High Court.

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Minister Chadzamira Hands Over Starlink Kits to Junior Parliamentarians

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Itai Mazire

In a pivotal move set to revolutionise education in Masvingo Province, the Minister of State for Provincial Affairs and Devolution, Hon. Ezra Chadzamira, handed over 35 Starlink kits to 35 Junior Parliamentarians at Victoria High School.

The initiative marks a significant step in the Government’s unwavering commitment to bridging the digital divide and nurturing a technologically advanced generation in line with Vision 2030.

The event showcased the national drive to integrate technology into the learning environment, ensuring that Zimbabwean students are equipped to meet the demands of the 21st century. This vision has been consistently championed by the Minister of Primary and Secondary Education, Professor Torerayi Moyo.

“Connectivity is no longer a luxury; it is a necessity for learning in the 21st century,” said Professor Moyo.

“We are building an education system that is inclusive, modern and future-ready. By investing in connectivity, we are investing in the dreams of our children, the strength of our communities, and the prosperity of our nation,” he added.

Minister Chadzamira echoed these sentiments, highlighting the transformative potential of the Starlink kits.

“This gesture is more than just the distribution of equipment; it is a powerful symbol of our commitment to bridging the digital divide and empowering the next generation of leaders,” he said.

He also outlined ambitious plans for the province.

“My office intends to roll out this initiative across the entire province to create a technologically savvy generation in line with Vision 2030,” said Hon. Chadzamira.

The Junior Parliamentarians, now equipped with high-speed internet access, are expected to use the technology to enhance their learning and to serve as digital ambassadors within their respective schools and communities.

This strategic distribution forms part of a broader Government programme to connect schools nationwide, ensuring that every learner, regardless of geographical location, has access to global knowledge and resources.

The Government’s proactive approach underscores its commitment to building a future-ready education system and advancing Zimbabwe’s national development goals.

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