Online Reporter
Business Reporter
THERE has been a surge in local businesses’ confidence in the domestic currency and macroeconomic stability, a key in planning, investment and employment decisions, the Confederation of Zimbabwe Industries (CZI) says.
Zimbabwe’s influential business lobby group has also noted the positive nexus between the growing stability and job creation.
The improved economic stability has ushered in a significant downward trend in the annual inflation rate, which dropped from a high of over 95 percent in July to 19 percent in November 2025.
In its 2025 third-quarter Business Environment Insights, CZI noted a marked improvement in confidence in the ZiG currency in the third quarter of 2024, reflecting the impact of tight monetary discipline and durable exchange rate stability.
Zimbabwe introduced the gold and foreign currency-backed ZiG early in April last year following relentless bouts of high inflation. At least two-thirds of businesses in the country expect their performance to improve this year.
The survey shows that, “Approximately 35 percent of respondents expressed confidence in ZiG stability, a sharp improvement from only 10 percent who were optimistic about ZiG stability during the third quarter of 2024”.
Businesses surveyed said the recent period has provided a degree of predictability that had been missing for years.
According to the report, “Firms acknowledge that the RBZ’s current policies, such as tight control of money supply through halting quasi-fiscal operations and controlling interest rates, have helped to control inflation and exchange rate pressures and anchor stability for now”.
CZI notes that this period represents the longest stretch of exchange rate and inflation stability since the reintroduction of a local currency in 2016, allowing companies to price goods more confidently, plan production schedules and reduce speculative behaviour.
The organisation says this stability has helped restore short-term confidence even among firms that remain cautious about the long-term future of the currency.
