Industry pushes for bank policy rate cut

The RBZ said foreign currency receipts are expected to continue to grow in 2026, driven by firming international mineral prices and resilient remittance inflows.

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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