Zim economy to moderate in FY26, FY27: AfDB

THE African Development Bank (AfDB) expects Zimbabwe’s economy to moderate to 4,3% this year and 4,5% in 2027 as agriculture normalises, policies tighten, and structural constraints persist.

This follows the bank’s reported real gross domestic product (GDP) growth of 7,6% last year, from 1,7% in the prior year, driven by a 24% expansion in agriculture, notably tobacco, wheat, and cereals, following favourable rainfall.

Last year’s growth was also supported by the country’s mining contribution, which grew by 7,3% due to continued lithium investment and firmer gold and platinum prices, while manufacturing expanded by 4,2%.

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