Agriculture Powers Zim's Growth As Sector Expands 27.9% -President Mnangagwa

Zimbabwe President Emmerson Mnangagwa has revealed that the southern Africa country's agriculture sector has recorded a "phenomenal 27,9 percent growth" since January.

President Mnangagwa further said that this significant growth garnered 2.2 percentage points to the country’s 8.3% GDP growth.

He also commended on the prevailing economic stability which he attributed to government's sound fiscal policies.

"The country has achieved sustained macro-economic stability over a considerable period of time. My Government has consolidated gains in price, currency and exchange rate stability.

"Inflation has been reduced to single-digit

levels since January 2026 .The positive outturn has been supported by strong foreign currency inflows, which amounted to US$10.7 billion for the first half of 2026 and are expected to reach about US$20 billion by year-end,".

The Zimbabwean leader also acknowledged the contribution from the mining sector and reiterated the value-addition drive.

The country , made history by becoming the first in Africa to locally-produce lithium sulphate from Africa.Since then more lithium sulphate plants have been established around the country.

Meanwhile,President Mnangagwa has allayed fears of droughts caused by the El-Nino effects saying government has put up measures to combat such.

"The 2026/2027 outlook for our SADC sub-region is regrettably projected to be characterised by unfavourable weather patterns with below normal rainfall. So far,my Government has put in place a Six Pillar Plan for resilience.

"This incorporates an Enhanced Strategic

Grain Reserve; Accelerated Climate-Smart Production;Integrated Financing Architecture; Livestock Drought Mitigation; and Co-ordination as well as an Early Warning and Capacity Building mechanism.

"Through our Chiefs, Headmen and Village Heads,communities are being prepared to withstand future shocks,"President Mnangagwa said.

Last month,a global banking giant,Citigroup,revealed that the Zimbabwean economy is recovery faster than anticipated.