COMMENT : What if Zimbabwe’s economic story has already changed?

What if the prevailing image of Zimbabwe’s economy is already outdated? What if yesterday’s shadows blur the world’s lens?

In his recent State of the Nation Address, President Emmerson Mnangagwa did more than speak of recovery. He cast a vision of deliberate transformation — an economy not merely rising, but recalibrating, like a mbira retuned for a new melody.

With a projected growth rate of 6.6 percent for 2025, the figures demand attention. But beyond the numbers lies a more compelling story: one of targeted investment, climate-smart agriculture, and a quiet industrial revival that, if managed with consistency and transparency, could signal a profound turning point.

The cornerstone of this resurgence is undeniably agriculture, a sector being transformed from a subsistence lifeline into a pillar of food security and export earnings. The record harvests of maize, wheat, and tobacco are not merely a product of favourable rains, but of intentional policy.

The Pfumvudza/Intwasa Programme, empowering over three million households, and the dramatic expansion of irrigated land from 151,000 to 221,000 hectares, represent a critical shift towards climate resilience. This is not just farming; it is a national strategy to insulate the economy from the shocks of drought, a lesson hard-learned from past El Niño events.

Perhaps the most transformative development in the agricultural sector is the accelerated issuance of bankable title deeds. By moving to formalise land ownership for A1 and A2 farmers, the Government is unlocking a torrent of potential capital. Land that was once a political asset is being converted into an economic one, enabling farmers to access credit, invest in improvements, and plan for generations. This single policy, if implemented fully and fairly, could be the most significant economic reform in the sector in decades.

Beyond the fields, the engines of mining and manufacturing are also humming. Increased investment in gold, lithium, and iron ore is being coupled with a welcome emphasis on value addition and beneficiation. The construction of new processing plants and independent power units is a move to ensure that Zimbabwe doesn’t just export raw materials, but captures more of the value chain domestically — creating jobs and growing the GDP in the process. The 15.3 percent contribution from manufacturing to the GDP is a testament to the vitality of local industries, from steel to pharmaceuticals.

This progress, however, is not without its prerequisites for long-term success. The President rightly noted that investors must operate within the confines of the law and respect for local culture — a necessary assertion of national sovereignty.

In the midst of this economic discourse, we cannot ignore the human element. The extension of social benefits, the fight against drug abuse, and the modernisation of the health and education sectors are reminders that economic metrics are meaningless if they do not translate into improved welfare for the most vulnerable. A thriving economy must be an inclusive one.

The green shoots of recovery are no longer mere whispers in the soil.

They are budding with promise, nourished by purposeful investment in agriculture, mining and infrastructure.
But the true test lies ahead: to tend these shoots with care and conviction until they grow into a thriving forest — one that offers shade to all, bears fruit for generations, and stands resilient against the winds of uncertainty.

 

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