Zimbabwe’s economy is poised to grow by 6.6% in 2025, surpassing the earlier forecast of 6%, according to Finance Minister Mthuli Ncube. This upward revision is attributed to a robust tobacco harvest and a surge in global gold prices, which have significantly bolstered the country’s agricultural and mining sectors. Speaking at an economic conference on Friday, Ncube highlighted that the agricultural recovery, particularly in tobacco and maize production, has been a key driver of this growth. Additionally, the rally in gold prices has enhanced mining revenues, further contributing to the economic uplift. Last year, Zimbabwe’s economy grew by a modest 2%, hampered by an El Niño-induced drought that severely impacted crop yields and hydropower generation, necessitating grain imports. However, the current recovery in agriculture and favorable commodity prices have set the stage for a stronger economic performance this year.
