adminthe region’s leading economies — South Africa, Botswana, Mozambique and Zambia — in terms of yearly GDP levels.
In spite of challenges such as low deposits within the banking sector, weak domestic demand, low disposable incomes, inadequate financial inflows — among other problems — Zimbabwe’s economy is on the rebound due to increased productivity and earnings from agriculture and mining.
ZBC News quoted Economic Planning and Investment Promotion permanent secretary Dr Desire Sibanda as saying Zimbabwe’s favourable GDP rates were a reflection of the Government’s commitment to increase productivity and create new jobs.
“We are, however, optimistic that the trend will continue as we seek to uphold the spirit of economic growth,” he said.
The economy is expected to grow by 9,4 percent this year from a 9,3 percent growth rate last year, on the back of an anticipated increase in industrial productivity to 70 percent from 57,2 percent last year, a 5 percent inflation rate target among other key factors. — Xinhua.
Online Reporter
- Herald
- July 28, 2026
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