Cabinet Reports  Exchange Rate Stability, Improved Supply of Basic Commodities 

Business Reporter

The Government has reported steady supplies and stable prices of essential goods between April and August 2025, attributing the trend to a stable exchange rate and improved fiscal conditions. 

Information, Publicity and Broadcasting Services Minister Dr Jenfan Muswere said Cabinet had considered a report on the state of prices and availability of basic commodities covering 14 key products, including mealie-meal, cooking oil, bread, sugar, milk, beef, chicken and eggs. 

He noted that consumers had been able to maintain purchasing power during the review period, supported by a predictable monetary environment. “The current monetary and fiscal environment, characterised by exchange rate stability, steady pricing and increased availability of basic commodities, is playing a critical role in preserving consumer purchasing power,” Dr Muswere said. 

Feedback from businesses also pointed to stronger confidence, with formal retailers recording higher sales volumes. The increase was linked to fair trading practices, improved market discipline, and compliance inspections carried out by the Task Force on Business Malpractices. These operations also led to the confiscation and destruction of substandard goods. 

Dr Muswere said retail outlets had maintained adequate stocks of basic commodities, reflecting the effectiveness of government measures designed to support market stability. He added that closer cooperation between regulatory bodies and the private sector was contributing to a more predictable trading environment, which was vital for long-term growth.