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Mudenda Urges Fiscal Discipline as 2026 Budget Preparations Begin

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Speaker of Parliament, Hon. Advocate Jacob Francis Nzwidamilimo Mudenda, has underscored the importance of fiscal discipline and prudent resource management as the nation prepares to craft the 2026 National Budget.

Addressing delegates at the National Pre-Budget Seminar in Bulawayo, Hon. Mudenda described the national budget as more than a financial statement, calling it a vital instrument that translates developmental policy goals into measurable socio-economic outcomes for citizens.

He emphasized that the budget should serve as a bridge between policy aspirations and tangible progress, reflecting the government’s commitment to improving livelihoods and fostering inclusive growth.

“A National Budget quintessentially constitutes a framework that transmutes developmental policy aspirations into tangible socio-economic outcomes and outputs for the citizenry,” he said.

Hon. Mudenda further reflected on the philosophical essence of budgeting, noting that it represents humanity’s continuous effort to balance limited resources with limitless needs and ambitions.

He urged policymakers and stakeholders to remain guided by the enduring principle of living within available means, referencing the proverb, “One must cut the coat according to the cloth.”

“This enduring axiom encapsulates the compelling challenge of prudent budgeting through embracing the cardinal principle of economy,” he remarked.

The Speaker’s remarks set the tone for the seminar’s deliberations, which focus on aligning fiscal policies with national development priorities under Vision 2030, the government’s long-term blueprint for achieving an upper-middle-income economy.

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WATCH: MAGAYA arrives at Harare Magistrate Court

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Africa’s Richest Man Backs Zimbabwe’s Vision 2030 With Billion-Dollar Investment

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Warm welcome: Dr. Paul Tungwarara receives Aliko Dangote in Harare ahead of the signing of a transformative US$1 billion investment deal.

BREAKING: Africa’s richest man, Aliko Dangote, arrives in Zimbabwe to seal a historic US$1 BILLION industrial investment deal.

Moments ago, Dangote’s jet touched down in Harare — marking a major milestone in Zimbabwe’s march toward Vision 2030.

The landmark deal — valued at US$1 Billion — is set to establish an integrated industrial complex comprising a cement plant, coal mine, and power station. This transformative investment positions Zimbabwe as a regional industrial powerhouse.

The Welcome:
On hand to receive the billionaire industrialist were the key figures driving the partnership — Presidential Investment Advisor Dr. Tempter Paul Tungwarara, Bard Santner CEO Senziwani Sikhosana, and Bard Santner Executive Directors Tatenda Hungwe and Lucia Chingwaru.

Their collaboration underscores the growing synergy between the public and private sectors, a cornerstone of President Mnangagwa’s Vision 2030 and the national goal of achieving an Upper Middle-Income Economy.

Stay tuned to Hurumende News Hub for live updates, exclusive footage, and interviews from this groundbreaking visit.

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✅ LIVE UPDATES | ZANU-PF Harare Inter-District Meeting

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LIVE UPDATES | ZANU-PF Harare Inter-District Meeting

📍 Aquatic Complex, Chitungwiza

12:15PM – Senior ZANU-PF officials are now present at the Inter-District meeting. Harare Metropolitan Minister Senator Charles Tawengwa has arrived and is seated.

12:20PM – Harare Provincial Chairman Cde Godwills Masimirembwa is also in attendance, accompanied by other provincial leadership.

12:27PM – Businessman Dr. Kudakwashe Tagwirei has arrived at the venue. Delegates acknowledge his presence with applause.

 

12:35PM – The venue is full, with officials, delegates, and invited guests following proceedings.

Party songs continue in the background as the program moves forward.

More updates to follow.

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#HurumendeNewsHub

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