Zimbabwe's Mutapa records significant surplus, tobacco exports surge

Mutapa recorded a surplus after tax of US$21.67 million in the fiscal year 2025, a 503% increase. This follows a surplus of US$3.58 million in the 15 months ending December 31, 2024. Tobacco exports have also seen a substantial rise of 62% due to strong global demand. Meanwhile, Zimra is tightening controls on imports, and the dairy sector has experienced a 7.5% production growth. Stanbic is facilitating connections between Zimbabwean farmers and Chinese buyers to boost exports. Political tensions over grasslands plots have led to violent attacks and forced evictions. The Bulawayo High Court dismissed a challenge to a Statutory Instrument concerning company re-registration. A councillor faces arrest over illegal structures in Mabelreign, and March rains in 2026 have improved some crop conditions in Zimbabwe. Afreximbank's US$11 billion investment in South Africa indicates a new trade order.