Zimbabwe News Update
ZIMBABWE’S foreign currency generation has grown by 26,8 percent while reserves accumulation rose by more than US$200 million over the past year on the back of tight fiscal and monetary policy interventions by the Government, President Mnangagwa has said.
He made the remarks on Tuesday while delivering a State of the Nation Address (SONA) at a joint sitting of the National Assembly and Senate, where he also set the legislative agenda of the Third Session of the 10th Parliament.
“The country’s foreign currency generation capacity continues to strengthen. Inflows stood at US$10.4 billion as of August 2025, an upward increase of 26.8 percent, from the US$8.3 billion recorded during the same period in 2024.
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