Business

… as FBC Holdings warns Zim economy will be tested for H2 2026

NewsDay Staff ·

… as FBC Holdings warns Zim economy will be tested for H2 2026

FBC Holdings (FBCH) warns that escalating geopolitical fragmentation — resulting in elevated fuel and fertiliser costs, as well as weakening global investor sentiment — will test Zimbabwe’s firming macroeconomic foundations.

In latest economic report, the financial institution noted that while inflation remains in single digits, the exchange rate has stabilised and fiscal discipline has improved, prolonged global disruptions could intensify inflationary pressures and strain external balances for the year.

This comes as Zimbabwe’s inflation remains pressured, with the annual ZiG inflation easing by 0,4 percentage points to 4,4% in May, while United States dollar inflation accelerated by 0,6 percentage points to 2,8%, reflecting persistent price pressures.

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