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Industry wants FX control concessions

written by Adelaide Moyo, Group Managing Editor 0 comments
Inflation is expected to tone down to single-digit figures in the first quarter of 2026.
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INDUSTRY has called for the relaxation of exchange controls by the government, which previously sparked pricing distortions and USD inflation in a bid to save the then-volatile local currency. Authorities previously compelled formal businesses to quote a heavily discounted formal exchange rate, resulting in higher USD prices as companies complied. In an update, the Confederation…

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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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