Story by Online Reporter
ZIMBABWE has recorded an encouraging development and stability in the economy, evidenced by the currency stability and availability of basic commodities during the period April 1 to August 31, 2025, the government has announced.
Addressing the media during the twenty-eight-post cabinet briefing in Harare on Tuesday, the Minister of Information, Publicity and Broadcasting Services Dr Jenfan Muswere, said consumer purchasing power has been preserved owing to several positive economic indicators.
“The current monetary and fiscal environment, which has been characterised by exchange rate stability, steady pricing, and increased availability of basic commodities, is playing a critical role in preserving consumer purchasing power,” Minister Muswere said.
Minister Muswere said there is a renewed sense of confidence among retail operators, with many reporting increased sales volumes due to improved compliance and fair-trading practices.
“Feedback from the business community indicates a renewed sense of confidence, with several formal retail operators reporting increased sales volumes attributed to enhanced compliance, fair trading practices, and improved market discipline fostered by operations conducted by the Task Force on Business Malpractices,” he said.
He added that the government remains dedicated to achieving economic stability and supporting the National Development Strategy 1, with continued monitoring of malpractices by the Task Force on Business Malpractices.
“The Task Force on Business Malpractices has continued to carry out compliance and enforcement inspections across all provinces. These operations have led to the identification and confiscation of substandard products for destruction by authorities. Most retail outlets maintained adequate stocks of basic commodities during the review period.”
