The Confederation of Zimbabwe Industries (CZI) has applauded the Government for rolling out economic reforms that have helped restore macroeconomic stability and bring renewed order to the economy. The commendation was delivered yesterday during the 2026 post-Budget breakfast meeting held in Harare.
Addressing delegates at the Zimpapers–CZI breakfast meeting at Golden Conifer, CZI president, Mucha Mkanganwi, said disciplined fiscal management, tight monetary policies, and streamlined business regulations had stabilised the exchange rate, reduced inflation, strengthened business confidence, and supported growth in productive sectors.
Mkanganwi commended Government’s commitment to improving the ease of doing business, saying the reforms had renewed investor confidence and boosted industrial productivity.
“We are encouraged by Government’s commitment to creating a predictable and supportive economic landscape. These measures are beginning to yield positive results for industry,” he said.
He said the improved macroeconomic environment had strengthened growth prospects across key sectors of the economy. Industry, he added, was now looking toward the next phase of reforms, particularly the deepening and modernisation of financial markets to support long-term investment.
“If we are able to grow GDP and even double it within five or six years, as some projections suggest, that would be significant for the economy,” he said.
CZI president also hailed the outstanding reduction of inflation to single-digit levels, especially given Zimbabwe’s economic volatility over the past four decades.
He further applauded ongoing efforts to enhance the ease of doing business, citing reforms led by the Ministry of Finance, Economic Development and Investment Promotion in collaboration with the World Bank and private-sector partners.
CZI further expressed confidence that sustained reform momentum would deepen long-term stability, unlock new investment, and support Zimbabwe’s ambition to accelerate economic growth.
The organisation however urged Government to provide clear milestones for the country’s de-dollarisation roadmap, arguing that industry needed structured, time-bound targets to plan effectively. Mkanganwi said codifying these milestones would improve predictability for businesses, investors, and financial institutions as Zimbabwe works to strengthen its local currency.
“We would like the Government to consider legislating specific milestones as we move towards full de-dollarisation,” he said. “Moving away from a single long-term deadline to clear, measurable steps will support confidence and clarity within the market.”
With inflation largely contained, Mkanganwi said further reforms should now prioritise deepening financial markets.
Government has undertaken significant efforts to strengthen public finance management and uphold fiscal discipline. Since the introduction of the Zimbabwe Gold (ZiG) currency in April last year, inflation and the exchange rate have stabilised. Annual ZiG inflation has also fallen from 106 percent in June to 19 percent in November, while monthly inflation has averaged 0.5 percent since February.
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