Zimbabwean President Emmerson Mnangagwa has presented currency stability, economic growth and mining expansion as key areas of progress while warning that the country and the wider region could face below-normal rainfall during the 2026-2027 agricultural season.
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Mnangagwa made the remarks in his State of the Nation Address, which officially opened the fourth session of Zimbabwe’s 10th Parliament. The address was delivered at Parliament in Mount Hampden, around 19 kilometres from Harare.
Currency and economic performance
Mnangagwa said the government had consolidated gains in currency and exchange-rate stability, supported by strong foreign-currency inflows. He attributed the reported macroeconomic improvement to a stronger financial-sector framework and said it should help sustain confidence in Zimbabwe’s economy.
Agriculture was reported to have grown by 27.9 percent in 2025 and contributed 2.2 percentage points to the country’s overall GDP growth of 8.3 percent.
However, the president warned that the outlook for the next agricultural season could create new pressure. He said the 2026-2027 season could experience below-normal rainfall across the region, presenting the possibility as a risk rather than a confirmed outcome.
Six-part drought response
In response to the potential threat, the government has introduced a six-pillar resilience plan intended to limit the impact of drought.
The measures include expanding the strategic grain reserve, promoting climate-smart farming and providing integrated financing. The plan also covers livestock support, early-warning systems and capacity building.
The announced approach combines food-supply preparations with support for farmers and systems intended to improve readiness for changing weather conditions.
Mining and local processing
Mining also featured prominently in the address. Mnangagwa said the sector remains central to Zimbabwe’s economy and that the government is encouraging additional exploration and greater local processing.
He highlighted Zimbabwe’s first locally produced lithium sulphate and said more plants are being built. The president also pointed to expansion in gold, platinum, and iron and steel, describing growth in those areas as part of a transformation of the country’s industrial base.
The mining measures reflect the government’s stated emphasis on developing processing capacity alongside exploration. The reported economic and industrial developments were presented in the address as part of Zimbabwe’s progress and remain claims attributed to Mnangagwa in the supplied account.
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