Zimbabwe Businesses Plan Long-Term as ZiG Currency Stabilizes Economy

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Zimbabwe Businesses Plan Long-Term as ZiG Currency Stabilizes Economy - Sputnik Africa, 1920, 11.06.2025
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Zimbabwe Businesses Plan Long-Term as ZiG Currency Stabilizes Economy

Finance Minister Mthuli Ncube highlighted that companies are already increasing production lines and capacity utilization due to the more predictable business environment and strict fiscal/monetary policies.

Key indicators of stability include:

ZiG month-on-month inflation remaining below 1% for the past three months.

Year-on-year US dollar inflation decreasing to 13.9% in May 2025.

The government aims to maintain this stability through continued fiscal discipline and policies targeting exchange rate risks.

Ncube emphasized that clearing Zimbabwe's arrears remains a critical goal to unlock cheaper global capital for future growth.

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