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.
This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
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The Zimbabwe Agricultural Show has commenced with 640 exhibitors, marking a 4.4% increase from the previous year's 613 participants. The event is operating under the theme, "Powering Growth: Where Agriculture, Technology and Commerce Converge."
Zanu PF's Mashonaland West province has put forward 26 resolutions for the ruling party's annual National People's Conference, which is scheduled to take place in Chinhoyi in October. Among these resolutions is the endorsement of President Emmerson Mnangagwa as the party's preferred candidate for election as Zanu PF first secretary and president at the upcoming congress.
Bulawayo is scheduled to host a competitiveness summit. This event is part of a series of news items, which also include a statement from Shava to Gweru Poly graduates, nationwide hearings for the whistleblower Bill, the endorsement of Mnangagwa at a Mash West conference, the opening of the Zimbabwe Agricultural Show with 640 exhibitors, and the PSC denying corruption and nepotism in teacher recruitment. Additionally, Tshabangu has commented on an ally's arrest for extortion, and six suspected Highlanders supporters have died with four injured.