Industry pushes for bank policy rate cut

The Reserve Bank of Zimbabwe said the total foreign currency inflows reflect a strong export performance

THE Reserve Bank of Zimbabwe (RBZ)’s policy rate of 35 percent is increasing the cost of business in the country thereby suppressing growth momentum, the Zimbabwe National Chamber of Commerce (ZNCC) has warned. This comes as authorities have repeatedly stated that they will ‘stay the course’ with regards to a tight monetary policy stance, in…

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