Current Affairs
Direct domestic investment rockets 2. 406 percent
Zimbabwe’s domestic direct investments skyrocketed by 2.406 percent to USD 102.38 million in the first quarter of 2026, while total projected investment value jumped 62 percent compared to the previous quarter, signalling a decisive shift toward larger, more capital-intensive projects under the Zimbabwe Investment and Development Agency’s new facilitation drive.
“Domestic Direct Investments increased significantly, with contributions rising by 2 406 (from USD 4.08 million to USD 102.38 million) and there was a notable 62 percent increase in projected investment value compared to the previous quarter, driven by fewer but more capital-intensive projects,” said ZIDA Chief Executive Officer Mr Tafadzwa Chinamo, presenting the agency’s Quarter One Report.
“This reflects sustained investor confidence alongside increased use of leveraged financing.”
The capital structure of new investments saw capital equipment imports accounting for 46 percent of total investment, followed by foreign currency cash injections at 25 percent and foreign loans at 22 percent.
However, the agency recorded a sharp decline in overall investment licensing activity.
The number of new licences issued fell by 32.2 percent year-on-year, from 214 to 146, while total projected investment value decreased by 59.6 percent compared to the first quarter of 2025.
“As we reflect on the first quarter of 2026, I am pleased to report that ZIDA has made significant and measurable progress in strengthening the investment environment, despite a challenging global economic and geopolitical landscape.
“This progress has been driven by key policy developments, enhanced investor engagement and improvements in investment facilitation. The period also reflects a shift towards higher-value investments and more structured investment activity, while highlighting the need to strengthen conversion and execution going forward,” he said.
A major milestone during the period under review was Cabinet’s approval of the Public-Private Partnership Guideline, which provides a clear and standardised framework for the preparation, appraisal, and implementation of PPP projects.
“This is a significant development for Zimbabwe’s investment landscape, as it enhances transparency, improves coordination across Government, and strengthens investor confidence through clearer processes and risk allocation mechanisms,” Mr Chinamo said.
The guideline is expected to accelerate infrastructure delivery and create a more predictable environment for private sector participation.
The Agency continued advancing ease-of-doing-business reforms.
Significant fee reductions were enacted under the ZIDA General Investments (S.I. 17 of 2026) and Special Economic Zones (S.I. 18 of 2026) Regulations.
“This downward review of licensing fees is a deliberate intervention to reduce the cost of entry and enhance Zimbabwe’s competitiveness, reaffirming the country’s commitment to being a cost-competitive investment destination and signalling that Zimbabwe is open for business,” Mr Chinamo added.
In collaboration with the Ministry of Finance, Economic Development and Investment Promotion, ZIDA launched the Business and Knowledge Process Outsourcing Framework.
Leveraging a youthful, English-speaking workforce with a 93.7 percent literacy rate, the premises-based model aims to position Zimbabwe as a premier outsourcing hub connecting European and Asian time zones, supported by targeted fiscal incentives.
The mixed performance, Mr Chinamo noted, indicates the need to boost conversion rates.
The agency continues to focus on higher-value investments while addressing the decline in overall licence issuance through ongoing policy reforms and investor facilitation improvements.
Current Affairs
POTRAZ Q4 Report Highlights NetOne’s Strong Digital Growth and Rural Connectivity Expansion
The latest Fourth Quarter 2025 Postal and Telecommunications Sector Performance Report released by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has highlighted NetOne’s growing role in driving Zimbabwe’s digital transformation through infrastructure expansion, rising data usage and improved rural connectivity.
According to the report, NetOne recorded significant growth in mobile internet and data traffic during the final quarter of 2025, with usage increasing by 18.50 percent from 25.29 billion megabytes in the third quarter to 29.97 billion megabytes in Q4.
The growth also resulted in a 1.14 percentage point increase in the operator’s mobile internet and data traffic market share, strengthening NetOne’s competitiveness in the country’s fast-growing digital communications sector.
The report further noted growth in NetOne’s active subscriber base, which rose from 4,062,894 subscribers to 4,101,492 during the quarter, reflecting continued customer confidence in the operator’s services and digital products.
POTRAZ acknowledged the company’s continued investment in network infrastructure, particularly in expanding broadband access across the country.
“NetOne continued to make strides particularly in 3G and LTE deployments, to expand its network coverage,” the report stated.
During the quarter, the operator added 89 LTE base stations while increasing its 5G sites from 21 to 26 as part of efforts to improve connectivity and digital inclusion.
The report also identified NetOne as a major contributor to rural telecommunications infrastructure, revealing that the operator now controls 46.14 percent of Zimbabwe’s rural base stations.
The expansion of rural connectivity is helping bridge the digital divide by improving access to online learning, financial services, healthcare information and digital commerce opportunities in underserved communities.
Under the leadership of Group Chief Executive Officer Raphael Mushanawani, the company has continued repositioning itself as a modern digital services provider focused on innovation, accountability and customer-centred solutions.
Commenting on the latest sector performance results, Engineer Mushanawani said the company remained committed to inclusive national development through digital connectivity.
“These results affirm our commitment to connecting communities, empowering businesses and accelerating Zimbabwe’s digital transformation through resilient and accessible network infrastructure,” said Engineer Mushanawani.
NetOne has also expanded customer-focused services through affordable broadband packages, improved OneMoney solutions and data bundles designed for students, entrepreneurs and rural communities.
Beyond telecommunications services, the company has intensified its corporate social responsibility programmes, including borehole drilling initiatives, support for schools through digital learning tools and partnerships with healthcare institutions on community wellness programmes.
The operator’s commitment to diversity was also reflected in its workforce, with women accounting for 436 out of its 1,045 employees.
In recognition of his leadership and contribution to Zimbabwe’s telecommunications industry, Engineer Mushanawani was recently inducted into the prestigious Business Leaders Hall of Fame 2026.
Current Affairs
Minister Masuka Defends BIPPA Farm Returns, Says Land Reform Remains Irreversible
The Government has dismissed claims that the return of 67 farms protected under Bilateral Investment Promotion and Protection Agreements (BIPPA) marks a reversal of Zimbabwe’s land reform programme, with authorities stressing that the move is part of resolving legal obligations and strengthening the country’s land tenure framework.
Acting Leader of Government Business in Parliament, Minister of Agriculture, Mechanization and water resource Dr Anxious Masuka, on Wednesday directly addressed the misconception, explaining that the return of BIPPA properties is a narrowly defined legal and constitutional obligation not a policy shift back to the pre-2000 era.
“The BIPPA process is about settling outstanding legal claims and compensating investments protected by bilateral treaties, it does not open the floodgates for the return of all former white farms, the land reform programme remains irreversible,” he said.
The Minister confirmed that while 67 properties covered under BIPPA will be returned to their previous owners, this represents a fraction of the total land under the programme and is being done strictly within the framework of Zimbabwean law and international investment obligations.
The development comes at a time when the government is simultaneously granting secure tenure to a staggering 450,000 black farmers under President Emmerson Mnangagwa’s administration.
According to the Minister, in terms of the Constitution Sections 289, 293, and 295, the government will provide permits, leases, and offer letters to 360,000 A1 farmers 23,500 A2 farmers Over 70,000 old resettlement farmers.
In addition to these, the government is correcting historical and administrative errors that have fuelled the reversal myth. Authorities are returning 840 farms that were wrongly gazetted but which rightfully belong to black farmers.
In another move that reinforces the government’s commitment to indigenous ownership, some 10,000 Matenganyika farms whose beneficiaries were given leases before 1980 will now finally receive title deeds.
For the 409 former farm owners who have remained on their properties due to long-standing peaceful co-existence with new owners, the government has crafted a specific solution that stops short of outright reversal. These individuals will now be allowed to purchase the properties they occupy.
Current Affairs
El Niño Threat Looms
Itai Mazire
Zimbabwe faces a high probability of a looming El Niño event during the 2026/27 rainy season, with forecasts indicating a significant chance of below-normal rainfall.
The Meteorological Services Department (MSD) has issued a preliminary update, urging calm but emphasising the need for proactive measures.
Global climate forecasting centers predict an 88 to 94 percent chance of an El Niño event, historically linked to drier-than-average conditions in Zimbabwe.
“Historically, El Niño conditions in Zimbabwe carry a 65 percent chance of below-normal rainfall, which can lead to drier-than-average conditions.”
Despite the concerning outlook, the MSD cautions against premature decisions.
They said that early forecasts face a “spring predictability barrier,” meaning atmospheric and oceanic conditions could still change significantly before the season begins.
Consequently, the department has not yet released its official seasonal forecast.
“Because of this inherent uncertainty, the MSD has not yet issued its official seasonal forecast and warns the public and stakeholders against making final agricultural or financial decisions based solely on these preliminary models,” the statement read.
A more definitive national outlook (NACOF) is anticipated in August 2026, following the Southern African Development Community (SADC) Climate Outlook Forum (SARCOF).
In the interim, the MSD is advising both the public and the farming community to remain composed.
They recommend continuing with standard preparations for the upcoming season and adopting climate-resilient practices.
These practices include water conservation and the identification of drought-tolerant seed varieties.
The MSD further encouraged stakeholders to stay informed through official channels.
“Stakeholders are encouraged to stay informed exclusively through official MSD channels for regular updates as the weather outlook becomes clearer in the months ahead.”
The upcoming NACOF report will incorporate more recent data, providing crucial scientific guidance for accurate seasonal planning.
The MSD will continue to monitor updates closely.
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