Bongi Khumalo Treasury says Zimbabwe is setting up a US$500 million El Niño protection fund to prepare for potential drought during the 2026/27 agricultural season. Addressing a virtual press conference at the ongoing 2026 International Monetary Fund (IMF) and World Bank Annual Meetings, Permanent Secretary in the Ministry of Finance, George Guvamatanga said the fund…
Bongi Khumalo Zimbabwe has secured a US$5.4 million grant from China to fund nine irrigation schemes spanning nearly 1,600 hectares across six provinces, advancing efforts to safeguard domestic food production against worsening climate risks. The agreement, signed Tuesday, aligns with Strategic Pillar 3 of the government’s Six-Pillar Drought Response Plan. Under this framework, Treasury and…
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