AGP Executive Report
Last update: 10 hours agoTrade: China-Zimbabwe trade rose 51.6% to US$5.01 billion in the first nine months of 2026. Tobacco exports to China reached US$860 million, while blueberries entered the market for the first time; zero tariffs could open further room for local exporters. Budget and Growth: Treasury is targeting 3.5% economic growth in 2027 and a budget deficit below 3% of GDP, with investment in infrastructure, agriculture and industry in focus. Parliament says spending plans must deliver measurable gains for people. Mining and Energy: Invictus Energy has begun moving its rig to the Musuma-1 site in the Cabora Bassa Basin, advancing Zimbabwe’s gas exploration. Infrastructure: Work has resumed on the Bulawayo–Victoria Falls road, while Zinara has secured US$400 million for three strategic highways. Exports: Zimbabwe’s export earnings climbed 60.7% in the first eight months of 2026, though the trade deficit is still expected to widen.
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