- Zimbabwe is initiating plans for a modern multi-purpose national sports stadium in Harare.
- The initiative follows high-level discussions between Finance Minister Mthuli Ncube and Mabetex Group at the World Economic Forum in Davos.
- The project aims to address years of international isolation due to sub-standard local sports facilities.
- The proposed stadium will feature a retractable roof and operate as a mixed-use global venue.
Zimbabwe is pushing forward with ambitious plans to construct a state-of-the-art national sports stadium in Mount Hampden, Harare. This development is a direct response to the ongoing challenge of inadequate sporting infrastructure, which has seen the national football team forced to play home matches outside the country due to FIFA’s condemnation of existing stadiums. The government views this project as a crucial step to reclaim its standing in international sports and cultural events, and to drive urban growth in the new administrative capital.
The talks at the World Economic Forum in Davos signify a high-level commitment to the project, with the Finance Ministry leading engagement with Mabetex Group, a global construction firm known for major infrastructure projects. This engagement highlights the financial and commercial viability being sought for the stadium, aiming for a sustainable, world-class facility.
The financing model being explored with Mabetex Group is a 30-year ‘treasury-light’ approach, designed to minimize direct pressure on Zimbabwe’s national budget. This strategy underscores a commitment to fiscal prudence while pursuing significant national development projects. The new stadium is expected to be a catalyst for youth development, job creation, and a renewed sense of national pride.
Timeline
- **January 26, 2026, Morning:** Zimbabwe’s finance ministry confirms discussions with Mabetex Group for a new national stadium.
- **January 26, 2026, Morning:** Finance Minister Mthuli Ncube held discussions at the World Economic Forum in Davos, Switzerland.
Key Players
- **Mthuli Ncube:** Zimbabwe’s Finance Minister, leading discussions for the stadium project.
- **Mabetex Group:** Global construction firm involved in the high-level discussions.
- **Behgjet Pacolli:** Founder and Chairman of Mabetex Group.
- **Korab Toplica:** General Counsel for Mabetex Group.
- **FIFA:** International football governing body that has previously condemned Zimbabwe’s stadiums.
