THE central bank is expecting increased economic activity on the back of a slowdown in inflation, local currency stability, along with a slew of monetary and fiscal policies being implemented to provide a stable environment for the banking sector.
In a quarterly report ending September 30, 2022, Reserve Bank of Zimbabwe (RBZ) said significant gains were made in reining in inflation as monthly inflation fell from a peak of 30,7 percent in June 2022 to 3,47 percent in September 2022.
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“The successful disinflation derives from the bank’s tight monetary policy stance, coupled with the value for money principle adopted by the government to curb speculative pricing by its suppliers of goods and se
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