Harare, (New Ziana) -The Zimbabwean economy is showing renewed signs of life, with key sectors registering strong performance and new investments pointing to sustained growth through this year, the government has said.

In a post on the National Development Strategy 1 (NDS1), the government said favourable agricultural conditions, improved electricity generation, a relatively stable exchange rate and inflation environment have underpinned the positive outlook, with the agricultural sector in particular, enjoying a strong season, providing a solid foundation for broader economic recovery.

In the mining sector, the government has noted record-high global gold prices expected to lift performance in the months ahead, even after a modest dip in output during the first quarter of this year. With gold remaining a crucial foreign currency earner, analysts are confident current price trends will strengthen Zimbabwe’s export position.

Industry is also showing renewed energy with food manufacturers such as Bakers Inn and Marondera-based Proton Barkers having expanded their operations to meet growing demand, signaling both improved consumer spending and confidence in the domestic market.

The International Monetary Fund (IMF) projects the Zimbabwean economy to grow by 6 percent this year, driven by strong agricultural output, buoyant mineral prices, and steady remittance inflows from the Diaspora.

Adding further momentum, new investments like Zhejiang Huayou Cobalt’s US$400 million lithium sulphate plant are reshaping the industrial landscape and positioning Zimbabwe as a key player in the regional value chain for green energy minerals.

Together, these developments paint a picture of an economy gradually turning the corner, one anchored in resilience, diversification, and growing investor confidence.

New Ziana