Industry advocacy organisation Buy Zimbabwe has welcomed the latest Monetary Policy Statement unveiled by the Reserve Bank of Zimbabwe (RBZ), describing the measures as a positive step toward restoring economic stability and improving confidence within the local business sector.
In a press statement Buy Zimbabwe applauded the central bank’s decision to move away from the previously proposed 2030 timeline for adopting a mono-currency regime, saying the adjustment would help reduce policy uncertainty and strengthen investor confidence in Zimbabwe’s productive industries.
The organisation said a stable and predictable monetary environment is essential for business growth, noting that the new policy framework targets key economic challenges such as inflation control, currency stability, and increased support for local production.
Buy Zimbabwe also praised measures aimed at reducing and scrapping certain banking charges, arguing that lower transaction costs would create a more favourable operating environment for companies seeking to expand locally. The group said the changes could encourage financial institutions to increase lending rather than relying heavily on service fees.
Economic analyst Dr Munyaradzi Gwatidzo echoed the sentiment, describing the policy as more business-driven than previous frameworks. He said the reforms could help reshape relations between banks and industry, potentially unlocking growth opportunities for domestic enterprises.
While welcoming the policy direction, Buy Zimbabwe urged authorities to ensure that inflation-control measures translate into tangible relief for ordinary citizens by keeping the cost of living manageable.
