Zimbabwe's Finance Minister announces emergency budget revision for Q2 2026
Zimbabwe's Finance Minister has announced an emergency budget revision for the second quarter of 2026. This comes as the Zimbabwe inflation rate has dropped to 4.2%, its lowest in seven years. In other news, the ZSE All Share Index gained 2.4% due to strong mining sector performance, and EcoCash processed a record 40 million transactions in a single month. The Harare City Council approved an $80 million water infrastructure rehabilitation plan, and the Victoria Falls UNESCO designation was expanded to cover an additional 200,000 hectares. On the sports front, Warriors captain Billiat scored a brace in an AFCON qualifier victory, and Highlanders FC secured the Castle Lager PSL title with three games remaining. Musician Winky D announced a 22-city Igwe World Tour across four continents, and the SADC Infrastructure Fund approved $2 billion for a regional rail network.
