Millions of Zimbabweans continue to face food insecurity, a pressing challenge that officials blame on an El Nino-induced drought and the resulting economic slowdown.
According to the Zimbabwe Livelihoods Vulnerability Assessment released in May, about 7.7 million people in the country cannot provide enough food for themselves due to massive crop failure. The majority are in rural areas. （https://stateofthenation.co.zw/2024/05/15/drought-puts-7-7-million-zimbabweans-in-need-of-food-assistance/）
However, the hardships are not restricted to the countryside, as many families in cities are cutting back on meals and sinking into debt.
In Epworth, a high-density settlement in Harare, resident Maria Matiringe is finding it harder to get by.
"I do piece jobs as a domestic worker, but right now, no one has any extra money to pay me because things are tight due to the drought. My income has gone down when prices of most foodstuffs are going up," she said.
Matiringe has reduced the number of meals she cooks at home to one and now spends money on bare essentials, re-packed into smaller quantities.
Women and children in urban and rural areas bear the brunt of the drought.
Donors are working with authorities to sink irrigation boreholes in an effort to improve food production during dry seasons. They are also focusing on enabling communities to bounce back next season.
"People who did not harvest anything last year have no seeds to plant. They may have sold off their cattle, their goats and all, so to avoid a repeat situation next year where people did not plant enough because they didn't have seed or are not able to rely on their livestock, we need to look at ways of recovery activities. But for that harvest to happen, we need seeds, we need fertilizers, we need to work with these rural communities to enable them to restart," said Walter Mwasaa, Acting Country Director at Care International.
Continued food insecurity impacts millions of Zimbabweans
Continued food insecurity impacts millions of Zimbabweans
China's securities regulator has pledged to prioritize market stability and resolutely prevent sharp fluctuations as a core objective for 2026, aiming to consolidate sound development of the capital market.
The China Securities Regulatory Commission (CSRC) made the commitment at its annual work conference on Thursday, where the regulator reviewed the past year's performance and outlined key tasks for 2026.
In 2025, listed companies distributed a combined total of 2.68 trillion yuan (about 380 billion U.S. dollars) in cash dividends and share buybacks throughout the year, further consolidating the momentum for high-quality development.
Initial public offerings (IPOs) and follow-on offerings reached a combined 1.26 trillion yuan, while the exchange bond market issued various bonds totaling 16.3 trillion yuan.
Eighteen futures and options products were smoothly listed, demonstrating the robust functioning of the multi-tiered capital market.
The meeting emphasized that while the capital market currently shows stable and sound performance, it still faces complex and severe challenges posed by intertwined domestic and external risks as well as the overlapping of persisting and emerging issues.
Efforts will be made to effectively enhance the intrinsic stability of the market, the CSRC said, adding that it will rigorously investigate and punish excessive speculation, market manipulation, and other illegal activities to prevent sharp market fluctuations.
It will work to foster a market ecosystem where "long-term capital engages in long-term investment," the regulator said, pledging efforts to broaden the channels for medium and long-term capital inflows, introduce various products and risk management tools suited to long-term investment, and actively guide long-term, rational and value-based investment.
It also vowed to enhance the inclusiveness and adaptability of the multi-tiered equity market, crack down on illegal activities such as financial fraud, price manipulation and insider trading, and enhance corporate governance among listed firms.
The CSRC will advance the two-way opening up of the capital market in 2026.
Efforts will be made to expedite the implementation of the optimized Qualified Foreign Institutional Investor scheme, expand the scope of futures products accessible to foreign investors, and enhance the facilitation of cross-border investment and financing, the regulator said.
China's securities regulator stresses market stability in 2026 work plan
China's securities regulator stresses market stability in 2026 work plan
