The Croatian National Bank governor, Boris Vujčić, expects economic growth to slow next year. He projected a rate of two point eight percent for 2026, with inflation around three point one percent. This year's growth estimate was trimmed to three percent, partly due to lower expected tourism revenue. That sector might see a real decline next year.
Inflation has been pushed up by energy and food costs, along with strong wage growth. The governor noted that salaries in Croatia have jumped about sixty percent on average since 2020. Pay increases should slow to six percent next year, helping ease price pressures. Domestic demand will remain the main growth driver, though both consumer spending and investment contributions are likely to...
Zimbabwe saw over one point three million total arrivals last quarter, with holiday and business travel jumping significantly. The statistics agency reported that holiday visitors increased by about eighteen percent, reaching over two hundred fifty-six thousand. Business travel rose even more sharply, growing by nearly forty-three percent to almost one hundred nineteen thousand.
Returning residents made up most entries, at sixty-two percent of the total. Foreign visitor numbers also grew, hitting over five hundred twenty thousand, a fifteen percent increase from the previous year. Most people entered by road, with Beitbridge being the busiest land border. Air travel surged notably too, with a forty three percent rise in passengers...
The Joshua Nkomo Legacy Restoration Project Trust got a major donation from businessman Kudakwashe Tagwirei. He gave two hundred and fifty thousand dollars at a fundraising gala in Harare. The trust's director, Kwanele Hlabangana, confirmed the donation and expressed gratitude for the support in preserving Nkomo's legacy.
The event also launched new projects tied to Nkomo's memory. These include a peace marathon scheduled for next year and a planned high-performance fitness center. Organizers timed the gala to coincide with National Unity Day, emphasizing Nkomo's historical role in fostering peace and reconciliation.
Another private company is trying to enter Zimbabwe's electricity retail market. The firm, Kanona Power Zimbabwe, applied for a license to buy and sell power. This follows a government policy shift allowing private players into distribution, aiming for universal electricity access by 2030.
The national regulator, ZERA, published the application notice. The move highlights increasing private investment interest in the energy sector. This aligns with a broader national development strategy, NDS 2, which targets a major increase in power generation capacity. The government views reliable energy as essential for industrial growth and its overall economic goals.
Funding for this energy expansion is planned through a mix of private and...
President Emmerson Dambudzo Mnangagwa has started a domestic vacation, set to last until early February. His deputy, George Charamba, confirmed the schedule. Vice Presidents Kembo Mohadi and Constantino Chiwenga will alternate as acting presidents during this period.
The president recently highlighted a successful year for the national economy, pointing to finished projects under a development strategy called NDS1. He mentioned several specific inaugurations, like the Trabablas Interchange in Harare and new AI-equipped grain silos in Kwekwe and Mutare. A major hospital rehabilitation program also advanced, focusing on large facilities such as Parirenyatwa and Mpilo, with budget funding earmarked for further upgrades.
Other projects he...
An academic and property developer, Professor Kudakwashe Taruberekera, argues that Zimbabwe needs to adopt artificial intelligence immediately to keep its economy competitive. He spoke after attending the Global AI Show in Abu Dhabi, saying the country must strategically join this industrial revolution. As CEO of Craft Properties, he described AI as a proactive digital teammate, not just another software tool, capable of analyzing data for better decision-making.
Prof. Taruberekera explained that AI could directly support national goals like a 24-hour economy, handling tasks across time zones without pause. His company uses an Intelligent Development Model, letting them manage multiple projects at once with the same staff. Specific...
The border crossing at Beitbridge is seeing way more people using the digital system for bringing foreign cars into Zimbabwe. Zimra says about eighty percent of drivers are now doing their Temporary Import Permit online before showing up. They set up extra help kiosks for the folks still figuring it out. Daily traffic is heavy, with officials handling roughly thirteen hundred passenger vehicles, a thousand big rigs, and two hundred fifty buses, most from other countries.
A Zimra manager, Bekithemba Moyo, told visiting officials, including tourism minister Barbara Rwodzi, that this shift to online is a major efficiency boost. He explained that the eTIP site and mobile app let travelers apply in advance, which means border agents just do...
The High Court just wiped out a default judgment against businessman James Makamba and his company, Kestrel Corporation. Judge Christopher Dube-Banda ruled in their favor, letting them reopen their fight with Magamba Echimurenga. He gave them ten days to file new opposition papers. This whole mess started from an older case where Magamba had dropped a lawsuit against Makamba under a consent order. Magamba later claimed that the agreement was a mistake and got a different judge to cancel it after Magamba's legal response got tossed on a technicality.
Judge Dube-Banda shot down Magamba's argument that Makamba used the wrong court rule. He said the application's core points fit the right one for rescinding a default judgment. The judge...
Mashonaland Central Province saw big upgrades last year, according to the local minister, Christopher Magomo, and infrastructure director Walter Chahweta. The push was part of the final stage of a national plan called NDS1, which tried to build up every area. Work happened on water, roads, power, schools, and clinics. Key projects included the giant Dande Dam and Tunnel effort, along with other dams like Semwa, Bindura, and Mbada. Road work on the Harare-Kanyemba route and others moved forward. A solar park in Guruve got built, and over a hundred new classrooms popped up across the province.
The provincial leadership credited a devolution strategy, letting communities help plan through something called the Provincial Economic...
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