Focus on interest rate direction as RBZ presents 2026 monetary

Business Reporter

Business leaders and financial markets have their gaze fixed on the Reserve Bank of Zimbabwe’s 2026 Monetary Policy Statement presentation scheduled for Friday, with expectations centred on interest rate direction, currency stability and measures to unlock productive credit.

The central bank has confirmed the keenly awaited monetary policy will be presented on February 27, 2026, amid high expectations for a softening of the interest rate regime.

The bank is on record saying it will not rush to reduce the interest rates without guarantees that the gains achieved on the inflation and stability front will be protected.

After a year marked by tight monetary conditions and relative exchange rate calm, industry now wants signals on the next phase of policy, whether the central bank will cautiously ease rates in line with falling inflation while preserving hard-won stability.

The current policy rate of 35 percent has helped anchor inflation expectations and steady the ZiG, yet lending rates between 40 percent and 47 percent have significantly constrained borrowing in manufacturing, agriculture and commerce.

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