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A Dam Under Construction Reporter In a bold move to secure the nation’s food future, Government is making significant strides in enhancing food security through the construction of major dams designed to improve irrigation across the country. These initiatives reflect a steadfast commitment to expanding irrigation development, with six completed dams now capable of irrigating a total of 56,650 hectares. Among these, the Tugwi Mukosi Dam in Masvingo stands out, with the potential to irrigate 40,000ha in Chivi and Chiredzi. Other key projects include the Marovanyati Dam in Manicaland, expected to irrigate 1,250ha in Buhera, and the Muchekeranwa Dam in Mashonaland East, which can cover 1,400ha in Makoni and Marondera. Additionally, the Mutirikwi Dam in Masvingo has a capacity of 3,000ha, while the Biri Dam in Mashonaland West can irrigate 4,000ha. The Lilstock Dam in Mashonaland Central is set to benefit 7,000ha across Bindura, Mazowe, and Mt Darwin. Government is also actively investing in ongoing projects, with dams under construction expected to irrigate an additional 38,953ha. Notable among these are the Semwa Dam in Mashonaland Central, projected to irrigate 12,000ha in Rushinga, and the Gwayi Shangani Dam in Matabeleland North, anticipating 10,000ha of irrigation in Hwange. Lands, Agriculture, Water, Fisheries and Rural Development deputy minister Vangelis Haritatos emphasised the urgent need for climate-smart irrigation to counter the impacts of climate change. “Climate change is with us and damaging our country. The start is to ensure that we move away from rain-fed agriculture to climate-smart irrigation development. This is our ministry’s primary concern right now for the next two to three years,” he said. Acknowledging the challenges posed by an El Niño-induced drought that affected grain production, Cde Haritatos noted that approximately 230,000ha are currently under irrigation, which is less than the targeted 500,000ha. Government recognises the necessity of expanding irrigation capacity, aiming to develop an additional 270,000ha for agricultural use, primarily focusing on cereal crops to bolster food self-sufficiency. “Out of the 500,000ha that we are targeting, 350,000ha must be for cereal crops,” he projected, anticipating a yield of approximately two million tonnes of cereal. In addition to enhancing irrigation infrastructure, the Government is taking proactive measures to climate-proof agriculture through extensive dam construction. This initiative is crucial for building community resilience against climate shocks, particularly droughts. The establishment of Village Business Units is a pivotal aspect of this strategy, designed to serve all 35,000 villages across Zimbabwe. These units will revolve around solar-powered boreholes and drip-irrigated plots, benefiting about 50 households in each village. Plans for aggregation, value addition, and beneficiation are also in place to stimulate rural industrialisation and catalyse development. Dr Anxious Masuka reinforced Government’s commitment to improving food security. “Zimbabwe is projected to become drier in the decades ahead. The measures taken to climate-proof agriculture must, therefore, be consolidated and accelerated.” He highlighted the significance of sustainable agricultural models, referencing Zimbabwe’s success in conservation agriculture and its mechanisation efforts that have garnered attention beyond the region. Through these concerted efforts, Government is laying a solid agricultural foundation to support accelerated rural industrialisation and development, addressing both current needs and future challenges posed by climate change.

Water Weeds blooming in the water Reporter The Ministry of Lands, Agriculture, Fisheries, Water and Rural Development has successfully implemented biological control methods to combat invasive aquatic weeds in Chinyika Dam 2 in Goromonzi and Lake Chivero. This innovative approach not only addresses the pressing issue of weed infestation but also promotes environmental sustainability, highlighting the potential of natural solutions in managing ecological challenges. Aquatic weeds, particularly Kariba weed ( Salvinia molesta ) and water hyacinth ( Eichhornia crassipes ), pose significant threats to Zimbabwe's water bodies. These invasive species reduce available oxygen, obstruct recreational activities, clog irrigation systems, and degrade water quality. They have emerged as a major concern for local communities that rely on these water sources for fishing, irrigation, and recreation. A Research Officer under Agricultural Research, Innovation and Specialist Services, Mr Nathan Sangombe, overseeing the biological control of invasive species, shared insights into the program initiated in March 2023. “We released a total of 1 400 Kariba weed weevils. The dam was 100 percent covered by the weed, so we developed a biocontrol program and released these weevils gradually over four months,” he explained. This strategic release was designed to ensure that the weevils could easily access one another for mating, thereby increasing their population densities effectively. As the seasons changed, Sangombe noted that the population densities grew slowly due to lower temperatures. “As we approached the warmer months of August and September, we began to see increases. By June 2024, we were getting approximately 2 000 weevils per square meter, leading to significant clearing of the weeds,” he said. The success of this biological control program underscores the effectiveness of natural methods in managing invasive species. “If people can witness how biological control works without chemicals, it shows the potential to restore aquatic ecosystems without harming the environment, humans, or livestock,” Mr Sangombe emphasised. This approach not only helps in managing the weeds but also aligns with global sustainability goals, promoting a healthier ecosystem. Community involvement is crucial for the success of such programs. Mr Sangombe urged all stakeholders to collaborate in the fight against invasive species. “For biological control programs to be successful, we need an integrated approach, with local communities taking ownership.” His call to action highlights the importance of collective effort in environmental stewardship. A researcher from Rhodes University, Dr Gerald Chikowore, said weed infestations affect water quality because they thrive in nutrient-rich systems. “The presence of these weeds indicates that the water is compromised,” he said. He stressed that the impact of invasive species extends beyond aesthetics, affecting the entire aquatic ecosystem and the organisms that depend on it. Farmers have also expressed hope for the future. Zimbabwe Farmers Union Vice President Mr Fidelis Gweshe said he is positive that the weeds will not thrive again. “I’m happy about the clear water we are now getting from the dam. We encourage our farmers to avoid farming too close to the dams to prevent further issues like siltation.” His comments reflect the positive changes occurring in the community as a result of the biological control efforts. As the Ministry continues its efforts to rehabilitate irrigation systems, they strive to enhance food security and livelihoods for farmers dependent on these water sources. Plant Protection Research Institute acting head, Mrs Grace Hama, said the programme is showing positive results. “We started our project of releasing bio-agents against water hyacinth in November 2023, and we are seeing positive results. We hope to clear the weeds within a year,” she said. The effective use of biological control methods not only revives vital water bodies but also sets a precedent for sustainable environmental management in Zimbabwe. By embracing natural solutions, the Ministry is paving the way for future initiatives that prioritise ecological balance and community involvement, ensuring that both people and the environment thrive together.

The Tobacco Industry and Marketing Board (TIMB) Reporter Farmers across Zimbabwe are set to benefit significantly from the Tobacco Inputs Credit Scheme (TICS) debt relief program recently announced by the Tobacco Industry and Marketing Board (TIMB). This initiative aims to alleviate the financial burdens faced by thousands of smallholder and communal tobacco growers who have struggled to repay their loans due to a range of economic challenges. Introduced in 2017, TICS was designed to support tobacco farmers, particularly those not under contract, by providing essential inputs on credit for production. However, many growers have encountered difficulties in managing their debts, stemming from economic hardships, climate shocks, and operational constraints that have hindered their ability to sustain viable tobacco production. In response to these pressing issues, TIMB is rolling out a comprehensive debt relief package that promises renewed hope and opportunity for farmers. Key measures of the scheme include a 50 percent discount on outstanding debts for TICS beneficiaries who make payments at any TIMB office by May 31. This significant reduction offers a pathway for farmers to regain their footing in the tobacco sector and continue their production efforts. TIMB CEO Emmanuel Matsvaire said the entity is committed to improving tobacco growing. “This initiative reflects our commitment to inclusive and sustainable agriculture, ensuring no farmer is left behind. By relieving this debt, we not only give these farmers a fresh start but also strengthen the foundations of the Tobacco Value Chain Transformation Plan (TVTP),” he said. Mr. Matsvaire emphasised that the goal of the TVTP is to improve livelihoods, promote local financing, and expand production to an ambitious target of 300 million kilograms annually. For elderly farmers over the age of 65 and the relatives of deceased TICS beneficiaries, additional support is also available. These individuals are encouraged to visit their nearest TIMB office with certified national identity documents to negotiate further discounts. This inclusive approach ensures that the most vulnerable farmers receive the assistance they need to thrive. TIMB has strategically positioned offices in Harare, Mutare, Rusape, Marondera, Chinhoyi, Karoi, Mvurwi, and Bindura to enhance accessibility for all tobacco growers. Farmers aged 65 and older must provide certified copies of their IDs, while families of deceased beneficiaries need to submit a certified death certificate, burial order, or an official letter stamped by both the village head and the councillor. This timely intervention comes amid the 2025 tobacco marketing season, where many growers are currently liquid and can take advantage of this opportunity to alleviate their legacy debt. As of May 16, 2025, farmers had already sold 189.2 million kilograms of tobacco worth US$639.7 million. While the season began slowly, Mr. Matsvaire noted a positive trend in tobacco deliveries, expressing confidence in reaching the target of 300 million kilograms this season. The first sale of Naturally Cured Virginia (NCV) tobacco, grown in Mangwe district, Matabeleland South, was made on May 22 at the Atlas Agri contract floor in Marula. This event marked a crucial milestone in the marketing season, signaling a renewed momentum for the sector. Zimbabwe Tobacco Growers Association (ZTGA) chairman George Seremwe praised the debt relief initiative. “It’s indeed good that these farmers should pay back the credits which emanated from TICS. We encourage farmers to heed the call and pay back to avoid any other challenges,” he said. He also highlighted the importance of future programs, calling for initiatives that incorporate farmer feedback to enhance recovery rates and overall effectiveness. Mr. Seremwe expressed appreciation for the Government’s efforts but urged TIMB to engage with farmer organisations when implementing such programs. “At times, these initiatives are done without the input of the farmers, which can lead to misunderstandings,” he noted. He encouraged collaboration between TIMB and farmers to ensure the success of the debt relief program and to bolster the resilience of the agricultural sector.

Kunzvi Dam Construction Reporter Construction of the Kunzvi Dam in Mashonaland East Province is on course and progressing remarkably well, now standing at 60 percent completion. The dam, located on the Nyagui River at the border of Murehwa and Goromonzi Districts, is among the key projects targeted for completion this year. The Kunzvi Dam is expected to provide water for the irrigation of at least 500 hectares of land for surrounding communities. It will also supply domestic water to the expanding Juru Growth Point, Cross and Musami Business Centres, and Majuru Business Centre in Goromonzi. Additionally, it aims to help alleviate water challenges in Harare by supplying water to the capital’s eastern suburbs. In a statement, Zinwa Corporate Communications and Marketing Head Mrs Marjory Munyonga indicated that current works on site include core material backfilling and placing, with a cumulative total of 734,890 cubic meters already placed on the left bank. “Fill placing is also in progress at the dam, and a total of 521,970 cubic meters has since been placed on the left bank to date, along with 60,430 cubic meters on the riverbed section. A cumulative 121,760 cubic meters of core material have also been placed on the riverbed section. Work is also progressing on the construction of the outlet works, which includes steel fixing on the D Tunnel, placing formwork on the D Tunnel overt panels, and placement and curing of concrete on the tunnel walls,” she said. Mrs Munyonga also noted that excavations on the spillway are ongoing, with 29,240 cubic meters excavated to date. Other activities at the construction site include the excavation and hauling of core and fill material from burrow areas A and F. Furthermore, the construction of houses for families affected by the construction of the spillway has begun at Matete Village.

GMB Silos Reporter The Grain Marketing Board (GMB) will establish up to 1,800 grain receiving depots across the country to enable farmers to sell their produce following a bumper harvest this year, Lands, Agriculture, Water, Fisheries and Rural Resettlement Minister Dr Anxious Masuka has announced. The minister disclosed this during a question-and-answer session in the National Assembly on Wednesday, warning farmers against selling their grain to unscrupulous buyers.  “We urge farmers to check prices before they sell their crops so that they profit from their labour.” The country is expecting a record 2.2 million tonnes of maize from the 2024-2025 cropping season. Dr Masuka said GMB gazetted prices for maize, millet, sorghum, and other small grains at US$376 per tonne, paying 70 percent in US dollars and 30 percent in local currency.  “We heard that in Mashonaland West, they have already gone there and are offering US$300 per tonne. We told the people to stop selling to these unscrupulous buyers and wait for GMB to tell them which depots to use.” GMB plans to operate 58 depots initially, increasing to 1,800 during the harvest period. In areas where GMB may not have a depot, collection points will be established at locations previously used for distributing social welfare food. To address the transport challenges faced by GMB, President Mnangagwa has commissioned 20 40-tonne trucks, while ARDA has been allocated 10 trucks for grain collection. Dr Masuka added, “In some areas, what is needed are mobile collection centres, which means GMB does not have to stay in those areas because there is not much to be collected on a daily basis like in other areas. So, people choose a date and agree with GMB to come and collect.” This comprehensive strategy aims to ensure that farmers receive fair prices for their harvest and improve the efficiency of grain collection across the country.

Lenacapavir Game-Changing Injectable HIV Drug Yeztugo.( Gilead Sciences Inc. ) Breaking – The US FDA Approves Twice-Yearly Injectable Drug to Prevent HIV The Food and Drug Administration has approved a breakthrough medication that reduces the risk of contracting HIV by 96 percent. Gilead 's Yeztugo, with the generic name lenacapavir (LEN), has been approved for prevention after highly successful trials in September found that it nearly eliminated the spread of the virus among patients. The drug demonstrated a 96 percent relative risk reduction versus HIV. It had previously been approved for the treatment of multidrug-resistant HIV. This milestone follows promising 2024 results from the PURPOSE 1 and PURPOSE 2 trials, which demonstrated the safety and efficacy of lenacapavir across diverse populations and settings. Administered just twice a year, lenacapavir offers sustained protection and adds to the growing range of HIV prevention options. Meanwhile, the World Health Organization (WHO) has welcomed the approval by the United States Food and Drug Administration of injectable lenacapavir for HIV prevention. WHO currently recommends oral PrEP, the dapivirine vaginal ring, and long-acting injectable cabotegravir (CAB-LA) as options for HIV pre-exposure prophylaxis (PrEP). Lenacapavir’s discreet, long-acting formulation may help overcome key barriers such as daily pill burden, frequent clinic visits, and the stigma associated with HIV prevention. “This regulatory milestone brings us one step closer to expanding access to an innovative HIV prevention option in lenacapavir,” said Dr. Meg Doherty, Director of WHO’s Global HIV, Hepatitis and STI Programmes. “WHO plays a key role in supporting countries through guideline development, prequalification, and regulatory processes. We are working with partners and national authorities to ensure lenacapavir reaches people who need it most – quickly, safely, and equitably.” WHO guidelines for injectable lenacapavir will be released on 14 July 2025 during the International AIDS Conference in Kigali. Advocates around the world have since called for stakeholders to work together to ensure access to this intervention for those who need it most. “The approval of LEN is a much-needed boost for HIV prevention, given the strength of the science and the simultaneous disruption in HIV programs globally,” said Mitchell Warren, Executive Director of AVAC. “But US FDA approval is just one in a series of steps needed to ensure that injectable LEN can help reduce the 1.3 million new HIV infections that occur each year. Scientific progress only matters if innovation actually reaches people. LEN for PrEP is poised to re-shape the HIV response, but only if today’s approval is accompanied by bold, strategic, effective, and equitable rollout that reaches the populations that need access. Otherwise, the world risks squandering this PrEP opportunity, as it has with other PrEP options too often over the past 12 years.” In December, PEPFAR and the Global Fund announced a coordinated ambition to reach two million people within three years of product launch. This commitment signals an unprecedented opportunity to make PrEP access a reality. However, translating this ambition into impact—especially now amid the current political environment—is not without considerable challenges. FDA approval also paves the way for WHO prequalification, which can accelerate national regulatory approvals following endorsement by a stringent regulatory authority (SRA) and procurement by donor agencies like the Global Fund. In parallel, WHO is working with the European Medicines Agency (EMA) to support the Medicines 4 All (M4All) mechanism, which facilitates regulatory pathways in countries adopting lenacapavir. Source: Online News

Land Degradation in the outskirts of the city Reporter Zimbabwe today joins the global community in observing Desertification and Drought Day under the theme “Restore the Land. Unlock the Opportunities.” This event underscores the urgent need to rehabilitate degraded ecosystems and harness the socio-economic benefits of sustainable land management. Director General of the Environmental Management Agency (EMA), Mr Aaron Chigona, highlighted that this day affirms humanity’s collective responsibility to rejuvenate degraded landscapes. “This observance serves as a critical affirmation of humanity’s collective capacity to revitalise degraded terrestrial ecosystems.” For Zimbabwe, with its strong agricultural foundation, the call for land restoration holds significant national importance. “Our dedication to land restoration transcends mere environmental compliance; it represents a foundational pillar of our national developmental aspirations.” The challenges of land degradation and drought directly impact agricultural output and socio-economic stability, which are vital for achieving the Vision 2030 goals aimed at an empowered, prosperous upper middle-income society. Zimbabwe is committed to ambitious Land Degradation Neutrality (LDN) targets, reflecting its dedication to reversing land degradation . Mr Chigona emphasised that these targets are not just numbers but embody a shared commitment to restoring wetlands, forests, and grasslands. The country will showcase its environmental leadership by hosting the 15th Meeting of the Conference of the Contracting Parties (COP15) to the Ramsar Convention on Wetlands from July 23 to 31, 2025. This event will underscore Zimbabwe’s commitment to conserving wetland ecosystems. Restoration efforts are integral to sustainable water management and climate resilience. “Through the restoration of our land, we are not solely improving environmental conditions; we are concurrently forging new avenues for economic expansion and human welfare,” said Mr Chigona. The potential benefits include the creation of green jobs, improved agricultural yields, revitalisation of eco-tourism, enhanced water quality, and stronger climate resilience. As the UN Decade on Ecosystem Restoration (2021–2030) progresses, Zimbabwe emphasises the importance of inclusive action. Mr Chigona urged all individuals, community leaders, corporations, and policymakers to engage in sustainable land practices and restoration initiatives. “Let us embark upon the restoration of our land, unlocking profound opportunities for a sustainable, resilient, and equitable Zimbabwe,” he concluded, reinforcing the collective responsibility towards achieving Vision 2030.

The RBZ Mosi-oa-Tunya Gold Coin Reporter In a significant development, the Reserve Bank of Zimbabwe (RBZ) has announced the immediate suspension of gold coin sales after a successful mop-up exercise. This decision, communicated by RBZ Governor Dr John Mushayavanhu, aims to clarify the purpose of the recent sales, which were designed specifically to clear the remaining stock of gold coins. Dr Mushayavanhu explained that the latest round of sales was not about minting new coins—an operation that has been on hold since April 2004—but rather about addressing the stock already in circulation. “The Reserve Bank of Zimbabwe wishes to advise the transacting public that the mop-up sale of gold coins has been suspended, with immediate effect, following the successful completion of the exercise.” Despite the suspension of new sales, Dr Mushayavanhu reassured the public that the gold coins currently available in the market can still be traded and redeemed. “Gold coins in the market can still be traded and redeemed,” he stated, emphasising that investors should not be concerned about their existing holdings. Looking ahead, he mentioned that future gold coin sales would resume only when a significant quantity had been accumulated from redemptions. “The Reserve Bank of Zimbabwe advises that future gold coin sales will be undertaken upon accumulation of a sizeable quantity from redemptions,” he added. Dr Mushayavanhu reiterated the RBZ’s commitment to its monetary policy objectives. “The Reserve Bank of Zimbabwe would like to take this opportunity to reaffirm its commitment to continuously avail alternative financial market instruments to promote savings, as well as achieve its monetary policy objectives.” As the RBZ navigates these changes, the emphasis remains on maintaining a stable financial environment and fostering confidence among investors and the broader public. With the suspension in place, many will be watching closely to see how the RBZ manages its gold coin offerings in the future.

Different variations of medical drugs Reporter The Zambia Medicines Regulatory Authority (ZAMRA) and the Medicines Control Authority of Zimbabwe (MCAZ) have signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation in the regulation of medical products between the two countries. This strategic partnership aims to enhance regulatory functions through collaboration in areas such as the detection of substandard and falsified medicines, track-and-trace systems, nanotechnology and biotechnology for medicines, vaccine and Active Pharmaceutical Ingredient (API) production, and other emerging scientific and regulatory domains. This agreement underscores a shared commitment to advancing public health, fostering innovation, and ensuring access to safe, quality, and efficacious medical products for citizens of both nations. The MoU establishes a robust framework for technical cooperation, including information sharing, capacity building, joint participation in international fora, mutual recognition of Good Manufacturing Practice (GMP) inspections, and fostering investment by pharmaceutical industries across both countries. Speaking on the significance of the MoU, MCAZ Director-General, Mr Richard T Rukwata, said: “This collaboration marks a significant milestone in regional regulatory convergence. By working together, ZAMRA and MCAZ will leverage each other’s expertise and resources to strengthen the fight against substandard and falsified medical products, and promote public health and safety in both nations.” ZAMRA Director-General, Mr. Makomani Siyanga, added: “This partnership underscores our shared commitment to ensuring that only safe, effective, and quality-assured medical products are accessible in our respective markets. It represents a proactive step toward harmonization, efficiency, and innovation in our regulatory systems.” The agreement is effective for five years and may be renewed upon mutual consent. Both parties remain committed to promoting regulatory excellence, improving access to quality assured medicines, and contributing to the broader goal of achieving Universal Health Coverage in the region.

Mr Chamatula at his wheat farm Reporter Mr. Smart Chimatula, a proud beneficiary of Zimbabwe's land reform program, stands as an inspiring figure of hope and resilience in Goromonzi District, Mashonaland East. His journey is more than a personal triumph—it is a compelling narrative that underscores the transformative impact of land reform in empowering individuals and families through agriculture. Since acquiring Secuta Farm in 2007, Mr. Chimatula has dedicated himself to cultivating the 271-hectare property into a successful agricultural enterprise. He grows a range of crops, including maize and soya beans, and has allocated 20 hectares exclusively to wheat production. This crop diversification reflects his understanding of market demands and sustainable farming practices. “The land reform program gave me the opportunity to own my piece of land, which I have turned into a source of wealth for my family,” said Mr. Chimatula. “Before this, I had limited options to support my family, but now I can provide for my nine children, four of whom are currently pursuing degrees at various universities.” His farming success has enabled him to acquire equipment, construct homes for himself and his workers, buy trucks, and send his children to quality schools. These achievements highlight the potential of land reform to foster financial stability and generational progress. Mr. Chimatula’s commitment to education is central to his vision. He believes farming should not only feed families but also open doors for the next generation. “When I see my children studying hard and aiming for their degrees, I know that my efforts in farming are worthwhile,” he added. Beyond crop production, Mr. Chimatula has expanded into livestock farming, raising 410 cattle across breeds such as Thuli, Brahman, and Lamozin. “Through my farming efforts, I have been able to accumulate wealth that supports my children’s education. I have the ability to sell even 400 beasts at once to fund my operations and ensure that my family is well taken care of,” he explained. However, his journey has not been without challenges. Upon taking over the land, he had to clear it from scratch and develop it into arable farmland. “I started from scratch, but I knew that with hard work and dedication, I could make this land fruitful,” he recalled. Looking to the future, Mr. Chimatula is optimistic as he prepares to work with his son, a recent graduate from Gwebi Agricultural College. “This time, I will have a manager who is my son. We will sit down together to discuss his responsibilities and wages. I want to ensure that he applies the knowledge he has gained from college to run the farm efficiently,” he said. His long-term vision is to create a sustainable farming model that can be passed down through generations. “I want my son to understand that farming is not just a job; it’s a way of life that requires passion and dedication,” he said. Mr. Chimatula’s story serves as a powerful reminder of the benefits of land reform. It demonstrates how access to land can uplift families and empower communities. “I am grateful for the land reform program,” he concluded. “It has changed my life and the lives of my children. With determination and the right support, anything is possible.” In a world where many seek sustainable livelihoods, Mr. Chimatula’s journey stands out as a shining example of resilience, hard work, and the life-changing impact of inclusive agricultural policies. His story is one of nurturing not only crops—but dreams, futures, and a legacy that will endure for generations.

A Maize Farm in Zimbabwe Government has taken a crucial step to enhance agricultural development by partnering with five banks to offer mortgage options for farmers. This initiative aims to assist farmers in securing title deeds for their land, enabling them to use their properties as collateral for improved financial opportunities. During the Research Symposium celebrating the 75th Kutsaga Anniversary in Harare, Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr Anxious Masuka described this agreement as a significant achievement for farmers. “Farmers can now use their land as collateral because the President has made the groundbreaking decision to issue title deeds to them.” This initiative follows President Emmerson Mnangagwa's launch of a program to provide title deeds to beneficiaries of the Land Reform Programme, granting them full ownership rights. Over 5 000 farmers have expressed interest in obtaining these title deeds, highlighting the need for secure land ownership. The participating banks include POSB, CBZ, AFC, FBC, and ZB, which will offer mortgage facilities over a 20-year term. This financial backing is particularly essential for farmers in the tobacco sector, allowing them to leverage their land for additional investments. Dr Masuka noted that this facility would unlock more value for the land, enabling farmers to secure loans for long-term investments to boost tobacco production and productivity. This year, Zimbabwe is expected to achieve a record tobacco output of 320 to 330 million kilograms. Mrs. Monica Chinamasa, president of the Zimbabwe National Farmers Union, emphasised the necessity for banks to assist farmers in obtaining title deeds and the importance of raising awareness among small-scale farmers. She also pointed out issues related to land boundaries that many farmers need to resolve to secure their title deeds. Dr Frank Magama, CEO of Kutsaga, reported a notable increase in tobacco volumes, projecting a crop size of 280 million kilograms as of June 10. He expressed appreciation for the strategic guidance provided by the Tobacco Value Chain Transformation Plan.

Reserve Bank of Zimbabwe Building The Reserve Bank of Zimbabwe (RBZ) has reassured the public of the sufficiency of the ZiG currency in both physical and electronic forms, amid rising concerns about accessibility, particularly in areas outside Harare. As of June 12, 2025, total ZiG deposits across the economy amounted to approximately ZiG16 billion, with over ZiG207 million held in cash by banks. According to the central bank, this amount is sufficient to support daily public transactions. The ZiG currency, introduced on April 5, 2024, has seen increasing adoption. In a statement issued on Friday, RBZ Governor Dr John Mushayavanhu acknowledged public feedback about limited access to cash in rural areas but emphasised that robust measures have been rolled out to improve distribution via formal banking channels. “The Reserve Bank of Zimbabwe (RBZ) has noted concerns from the transacting public relating to the availability of ZiG cash and its usage, particularly from areas outside Harare,” said Dr Mushayavanhu. He noted a significant rise in local currency usage, highlighting that local currency settlements through the National Payment System rose from ZiG7.86 billion (26 percent) in April 2024 to ZiG56.8 billion (43 percent) by May 30, 2025. This trend, he said, is underpinned by consistent cash disbursements to financial institutions based on demand. “As of June 12, 2025, the total ZiG deposits in the economy amounted to about ZiG16 billion, with over ZiG207 million available in cash held by banks,” he stated. To increase accessibility, the RBZ and banks are working together to expand the availability of cash through banking halls and ATMs. Some banks have already activated ATM withdrawals in ZiG, while others are in the process of configuring their systems. “Encouragingly, some banks have already made ZiG cash available through ATMs, while others are configuring their ATMs to disburse ZiG cash in due course,” the central bank noted. The RBZ expressed confidence that the current currency and exchange rate stability, combined with government initiatives promoting local currency usage, will reinforce public trust and stimulate broader acceptance of the ZiG. “The prevailing currency and exchange stability, coupled with measures being taken by the government to increase the usage of ZiG in the economy, is expected to result in greater usage of the local currency in both electronic and physical forms,” said Dr Mushayavanhu. He further assured the public that the Reserve Bank is fully committed to maintaining price and currency stability in order to safeguard the ZiG’s purchasing power. The bank reiterated its call for citizens to use formal banking channels for accessing and transacting in ZiG, as part of efforts to enhance the currency’s functionality in both urban and rural settings. The central bank’s statement comes after IMF mission chief Mr Wojciech Maliszewski commented on the stability of the ZiG, emphasizing the need for the currency to fully function as a national medium of exchange. “Right now, we see good stability in the official market, and we also see a convergence between the parallel market rate and the official rate, but ideally, we would like to see an elimination of this gap,” he noted. Mr Maliszewski added that a deeper foreign exchange market would further support price discovery and solidify the currency’s role in Zimbabwe’s economy.