Weekly news round-up

Monday

Zimbabwe has stepped up efforts to secure membership in the BRICS bloc as the Government intensifies diplomatic engagement with the grouping in a bid to expand and diversify international partnerships and strengthen its global standing.

The renewed push comes at a time of heightened geopolitical uncertainty, with countries of the Global South increasingly forging alternative alliances to challenge Western-dominated economic and political systems.

Tuesday

Zimbabwe has attained an economic milestone in price stability in the local currency, Zimbabwe Gold (ZiG), with year-on-year inflation falling to single-digit level, hitting 4,1 percent in January for the first time since 1997.

Equally, the United States dollar annual inflation has also markedly declined to 1 percent in the same month, marking a crucial milestone towards durable macroeconomic stability, critical for sustainable economic growth and the achievement of Vision 2030 of a prosperous and empowered upper middle-income society.

Wednesday

The Government has launched an investigation to determine whether mineral ore is being smuggled out of the country, in direct violation of a ban on the export of raw minerals.

The authorities enacted stricter regulations in 2023 to curb the illicit export of various high-value minerals in raw form.

Thursday

Acting President Dr Kembo Mohadi has called for the reaffirmation of regional nations’ commitment to strengthening regional disaster preparedness and for collective advocacy for greater international support, saying disasters do not know borders.

He said regional integration was not only about trade and infrastructure, but also mutual support in times of crisis.

He made the remarks in Harare on Wednesday while handing over humanitarian assistance to Mozambique under the ZimAid programme.

Mozambique was recently hit by devastating floods that left a trail of destruction across four provinces from January 22, 2026, affecting 723 500 people and claiming 124 lives.

Friday

The current devaluation wave of the US dollar, coupled with record-high gold prices, serve as powerful economic drivers for commodity-dependent developing countries like Zimbabwe, analysts have said.

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