Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has challenged businesses to be indifferent when pricing and accepting payment in either foreign currency or ZiG. In a statement on Tuesday 25 August, Mushayavanhu said annual ZiG inflation of 2.9 per cent in August 2026 compared favourably with domestic US dollar inflation of 3.1 per cent. […]
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has challenged businesses to be indifferent when pricing and accepting payment in either foreign currency or ZiG.
In a statement on Tuesday 25 August, Mushayavanhu said annual ZiG inflation of 2.9 per cent in August 2026 compared favourably with domestic US dollar inflation of 3.1 per cent.
“This entails that prices of domestic goods and services, since August 2025, have increased at relatively the same pace in both ZiG and US dollar,” said Mushayavanhu.
“Importantly, the implication is that businesses should be indifferent in terms of pricing and accepting payment in either foreign currency or ZiG.
“In this regard, the prevailing low and stable inflation environment should support greater predictability and certainty in business planning and investment critical for the wider use of ZiG in the multi-currency environment.”
Mushayavanhu said the central bank was encouraged by low single-digit inflation attained in January 2026 and sustained through to August 2026.
Authorities said annual ZiG inflation remained below 5 percent during the eight months to August 2026, averaging 4.0 percent.
Mushayavanhu said annual inflation rose from 4.1 percent in January 2026 to 4.8 percent in April 2026, reflecting the impact of the global oil price shock on domestic fuel prices following the conflict in the Middle East.
