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Finance · South Africa

Zimbabwe Plans Major Change to How President Is Elected

Moneyweb · 2026/02/23

Summary

The Zimbabwean government, led by the Zanu-PF party, has introduced a bill proposing important changes to the country’s constitution. If passed, this bill will stop the people from directly electing the president. Instead, the president could be chosen by other means, which many see as reducing the power of voters. This move has caused concern among citizens and observers who believe it may weaken democracy and give more control to those in power. The government has 90 days to finalize these changes. This situation is being watched closely because it could affect political stability and economic conditions in Zimbabwe, which in turn might influence business and investment environments.

OnABudget takeaway: For South Africans, especially investors and business owners, political changes in Zimbabwe could mean shifts in economic partnerships and market stability in the region. Monitoring these developments helps in making timely and informed financial decisions.

Read the original article on Moneyweb