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The Zimbabwe Independent
Esther Mapungwana ECONOMIST
The role of diverse institutions in Africa has been significantly underrated; institutions have a critical part to play in the economic growth of a nation. The majority of African populations are living in abject poverty yet numerous strategies have been developed.
Up till now, there have been economic structures and institutions established in our esteemed countries to tackle poverty but their impact has not reached desired levels. The question that needs to be answered is why have these institutions failed to play their vital role? And can the challenges be resolved?
An institution can be defined as an organisation, establishment, foundation or society dedicated to the elevation of a particular cause, particularly one of a public, educational, or charitable character. Institutions can also be defined as the rules of the game, processes or mechanisms that shape social, economic and political interaction of indi
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