https://newsletter.en.creamermedia.com

Zimbabwe lifts 2025 growth forecast on tobacco harvest, gold price rally

19th September 2025

By: Reuters

  

Font size: - +

Zimbabwe now sees its economy growing 6.6% this year, higher than an earlier projection of 6% due to a bigger tobacco harvest and this year's rally in the global gold price, its finance minister said on Friday.

Last year, the Southern African country's commodity-dependent economy recorded growth of 2% as an El Niño-induced drought hit crop yields and hydropower, forcing it to import grain.

Agriculture has since recovered, with tobacco and maize output improving, while the gold price rally has boosted mining revenues.

"The higher projection is on account of more than anticipated output in the agricultural sector, particularly tobacco. . . and mining sector growth buoyed by high commodity prices, notably gold," Finance Minister Mthuli Ncube told an economic conference.

Edited by Reuters

Comments

Research Reports

Latest Multimedia

Latest News

Magazine round up | 19 September 2025
Magazine round up | 19 September 2025
19th September 2025

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.076 0.169s - 200pq - 2rq
Subscribe Now