Cabinet Unveils Bold Plan to Strengthen Agriculture and Food Security

Cabinet has unveiled a comprehensive plan to strengthen the agricultural sector and enhance food security amid the growing threats of climate change and drought. The strategy, which aligns with the World Bank’s Zimbabwe Economic Update (ZEU) released on January 31, 2025, focuses on promoting sustainable farming practices, building resilience in rural communities, and ensuring long-term food security. According to the report, climate change could erode up to 12% of GDP annually, while adaptation costs remain below 1% of GDP. Every dollar invested in early, anticipatory measures is projected to save up to $16 in future expenses.

The agricultural sector, which contributes 17% to GDP, 40% to exports, and provides raw materials to the manufacturing industry while supporting 70% of the population, remains highly vulnerable due to its dependence on rain-fed farming. In response, the Government has identified key priority areas, including enhanced cloud seeding to optimize rainfall patterns, accelerated climate-proofing through the Pfumvudza/Intwasa program, and expansion of irrigation infrastructure from 217,000 hectares to 496,000 hectares with increased private sector participation.

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Additionally, the establishment of Ward Drought Mitigation Centers will provide localized support for farmers, while the Rural Development 8.0 initiative will equip communities with sustainable agricultural skills, entrepreneurship training, and improved rural infrastructure. These measures are set to transform Zimbabwe’s agricultural landscape, ensuring food security and economic stability for the nation.

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ZANU PF Harare Province Rallies to Strengthen Grassroots Structures Ahead of National Cell Day

ZANU PF Harare Metropolitan Chairman calls for authentic cell verification and 600,000-member target by 27 June. ZANU PF Harare Metropolitan Chairman Advocate Godwills Masimirembwa has issued a strong call to action for party structures across the province, urging intensified grassroots mobilisation and membership verification ahead of National Cell Day on 27 June. Rainbow Hotels — […]

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VFEX Extends Waiver on Auditor Review of Unaudited Half-Year Interim Reports by 36 Months

The Victoria Falls Stock Exchange Limited has extended the waiver of Section 39(1) of Statutory Instrument 62 of 2026, which governs the requirement for external auditor review of unaudited half-year interim reports. Building on its notice dated 13 December 2023, VFEX confirmed that the waiver will continue for a further 36 months from the date […]

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Zimbabwe Introduces Comprehensive Licensing Regime for Virtual Asset Providers Under SI 99 of 2026

The Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube has gazetted a detailed framework to regulate virtual asset service providers (VASPs), aiming to strengthen anti-money laundering controls while promoting innovation and consumer protection in Zimbabwe’s digital asset sector. A Virtual Asset Service Provider is a business that carries out digital asset activities […]

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