MASIMBA Holdings (Masimba) has applauded government policy interventions that have culminated in a stable foreign currency exchange rate regime, resulting in an improved environment for infrastructure projects.
This year saw the government implement a number of policies aimed at stabilising the exchange rate and taming inflation.
Some of the policies include hiking interest rates to 200 percent, introducing gold coins and tightening money supply growth.
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“Towards the end of the quarter, month-on-month inflation decelerated to 3,5 percent, which was largely attributable to policy interventions,” Masimba said in a trading update thi
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