Wheat Planting Nears 125,000ha Target. Zimbabwe has planted 118,185ha of winter wheat, reaching 94.5% of the national 125,000ha target. Hectares planted by province: -Mashonaland West: 30,112ha. -Mashonaland Central: 24,763ha. -Mashonaland East: 24,601ha. -Other Provinces Combined: 38,709. Manicaland: target exceeded Midlands: target exceeded If the target is met, Zimbabwe expects about 662,500 tonnes of wheat, above the annual requirement of around 605,000 tonnes.

CALL FOR PUBLIC SUBMISSIONS. The Ministry of Finance, Economic Development and Investment Promotion invites all stakeholders to submit their inputs and proposals for consideration in the 2026 Mid-Term Budget and Economic Review and the 2027 Budget Strategy Paper. Stakeholder contributions are essential in shaping policies that promote sustainable economic growth, macroeconomic stability, and national development. Submit your contributions to: contributions@zimtreasury.co.zw Deadline for submissions: 24 June 2026 Your views matter. Participate in shaping Zimbabwe's economic future.

Mutapa Targets US$500m Revenue Through Mine Expansion. Mutapa Gold Resources is pursuing a major growth drive anchored by a US$152 million Shamva Hill project, expected to triple Shamva Mine output from 66kg to 200kg per month. The company is also targeting increased production at Jena and extending the life of Freda Rebecca Mine through aggressive exploration. Key Numbers. -US$152 million Shamva Hill expansion. -US$90 million funding pledged by local banks. -3,400kg (110,000oz) gold production target for 2026. -US$500 million projected revenue. -US$200 million projected profit before tax. Management says total production could rise to 570kg per month within three years, significantly boosting future dividends beyond the current US$35 million payout.

Mutapa Gold Declares US$35m Maiden Dividend Mutapa Gold Resources has declared its first-ever dividend of US$35 million, distributing 50% of its US$70 million after-tax profit for the nine months to December 2025. Dividend Allocation. -Mutapa Investment Fund: US$22.05 million (63%) CBZ Bank: US$4.38 million (12.5%). -National Venture Capital Company of Zimbabwe: US$2.63 million (7.5%). -Public Service Pension Fund: US$2.45 million (7.0%). -Insurance and Pension Commission: US$1.75 million (5.0%). -Deposit Protection Corporation: US$1.75 million (5.0%). Key Performance Indicators -After-tax profit: US$70 million. -Revenue (9 months to Dec 2025): US$271 million. -Gross margin: 60%. -Gold production (12 months to Mar 2026): 3,266 kg (104,626 oz). The dividend marks the first return from the sovereign wealth fund-backed gold producer since its restructuring under the Mutapa Investment Fund.

Arcadia Targets Lithium Carbonate Production by End-2026. Zimbabwe’s Prospect Lithium Zimbabwe plans to begin crude lithium carbonate production at the Arcadia Lithium Mine by the end of 2026, expanding beyond its recent lithium sulphate exports. The mine aims for a 50:50 production split between lithium sulphate and lithium carbonate, strengthening Zimbabwe’s position in the EV battery supply chain. Key Numbers. 💠US$400 million lithium processing plant commissioned in 2025. 💠50,000 tonnes/year lithium sulphate production capacity. 💠50:50 target split between sulphate and carbonate output. 💠Crude lithium carbonate production targeted by end-2026. The move will allow Arcadia to supply inputs for both major battery technologies—LFP batteries (via lithium carbonate) and NMC batteries (via lithium sulphate)—broadening market access and reducing dependence on a single battery chemistry.

Harare Unveils US$4.24 Billion Investment Pipeline. The City of Harare has launched a portfolio of 13 priority investment opportunities valued at over US$4.24 billion, targeting transport, housing, healthcare, energy, sanitation and urban regeneration. Flagship projects include the US$2.2 billion Harare Light Rail Network, US$900 million Mbare Urban Renewal Project, US$350 million Affordable Housing Densification Programme, and US$220 million District Hospitals & Health Centres initiative. Other key investments include a US$160 million Integrated Bus Termini development, US$100 million Solar Power Programme, US$85 million Mass Transit System, and a US$60 million Hopley Sewer Reticulation & Treatment Plant. Most projects will be delivered through Public-Private Partnerships (PPPs), positioning the capital city as a major destination for infrastructure and urban development investment.

Zimbabwe’s Value-Added Exports Rise 34% as Export Earnings Hit US$3.57bn. Zimbabwe’s value-added exports increased 34.4% to over US$200 million in January–April 2026, up from US$149 million a year earlier, driven by strong growth in manufactured and processed products. Engineering steel exports surged 165.6% to US$77.9 million, manufactured tobacco exports rose 33.5% to US$45.9 million, while processed mineral exports climbed sharply, helping lift total export earnings 48% to US$3.57 billion and cut the trade deficit to US$295 million from US$582 million.

Zimbabwe Jan-Apr 2026 Gold Revenue Surges Past US$1.2bn. Zimbabwe's gold export revenue more than doubled in the first four months of 2026, rising to US$1.2 billion from US$579 million a year earlier. Monthly earnings: ✅January: US$290 m. ✅February: US$278.5 m. ✅March: US$274 m ✅April: US$374 m This revenue growth was supported by strong global gold prices and steady production.

Joint Press Release-ZSE Signs a Memorandum of Understanding with INVESCI as a ZEEX Strategic Institutional Partner @BgoniJustin @ZSEHoldings_ZW

PRAZ Symposium to spotlight Procurement as driver of Inclusive Economic Transformation Readmore: heraldonline.co.zw/praz-symp…

The due date is tomorrow, 10 June 2026. ZIMRA reminds all Airtime Operators providing electronic communications services, including voice, data and SMS, to prepare and submit returns and make payments for the month of May 2026 on or before the due date to remain compliant.

Zimbabwe Gold Deliveries Near 17 Tonnes as May Output Surges. Zimbabwe’s gold deliveries rose to 3,951kg in May 2026, up from 3,324.6kg in April, driven largely by a 29.9% increase in artisanal and small-scale mining (ASM) output. The strong May performance pushed year-to-date gold deliveries to 16.59 tonnes, keeping Zimbabwe firmly on course to achieve its 50-tonne national gold production target for 2026. The rebound follows April’s 16.5% month-on-month increase in gold deliveries, when output climbed from 2,854kg in March to 3,324.6kg, supported by a 20.7% rise in ASM deliveries and a 9.8% increase from large-scale miners. ASM producers continue to be the main growth driver in Zimbabwe’s gold sector, underpinning the country’s production momentum in 2026.

Chegutu Cement Plant 90% Complete, Production Set for August. Construction of the multi-million-dollar Chegutu Cement Plant by Shuntal Investment Private Limited is now 90% complete, with commissioning expected in August after delays caused by Middle East-related supply chain disruptions. The plant, which will produce 800,000 tonnes of cement annually, has already created about 200 construction jobs and is expected to boost industrial output, employment and economic growth in Mashonaland West.