Zimbabwe's monetary policy update shows inflation tamed and growing foreign currency receipts

NewsDay Zimbabwe reports on various local and national developments

NewsDay Zimbabwe's August 27, 2026, edition highlights several key events. The Finance Minister announced an emergency budget revision for Q2 2026. In sports, Warriors captain Billiat scored a brace in an AFCON qualifier victory, and Highlanders FC secured the Castle Lager PSL title. 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. Zimbabwe's inflation rate dropped to 4.2%, its lowest in seven years. The Victoria Falls UNESCO designation was expanded by 200,000 hectares, and the Harare City Council approved an $80 million water infrastructure rehabilitation plan. Musician Winky D announced a 22-city Igwe World Tour, and the SADC Infrastructure Fund approved $2 billion for a regional rail network.