HARARE – Zimbabwe’s economy is expected to grow significantly in the next five years underpinned by the National Development Strategy One whose implementation begins this month.
Having successfully battled multi-layered economic challenges created out of successive years of rampant economic mismanagement and indiscipline, the introduction of the two-year Transitional Stabilisation Programme (TSP) has set a firm foundation to catapult the economy into the development phase.
Analysts say the economic stability currently obtaining sets in motion the successful implementation of the National Development Strategy One (NDS1) from this year to 2025.
Zimbabwe National Chamber of Commerce President, Dr Tinashe Manzungu says despite the economic headwinds such as the Covid-19 lockdown, the business community has embraced the policy document.
Zimbos see gloomy 2021
BY NIZBERT MOYO/MOSES MATENGA/LORRAINE MUROMO
ZIMBABWEANS are not enthused about the New Year, 2021, and see no improvement in the social, economic and political problems that bedevilled the country throughout 2020.
Most people entered January 2020 with the fresh hope that usually accompanies a new year, and resolutions that were left to the gods.
Little did they knew that a new virus was percolating across the other side of the globe that would have a tremendous impact on so many aspects of lives.
Since those early days, attitudes have changed, with many individuals reporting that 2020 has been the worst year of their lives and with the COVID-19 pandemic showing no signs of abating slightly more than a year after the first case was detected in the Chinese city of Wuhan, most people see no light at the end of a dark tunnel.
He died of Covid-19 in Harare.
Mugabe was DSK Holdings managing director.
Mr Mugabe was Worthwhile Investments founder. His company DSK Holdings had six subsidiary companies namely DSK Electricals, Girjac Services, High Peak Cables and Hardware, Power Control Systems, Kayzed Sales and another portfolio offering accommodation in Dalesford, Gweru’s leafy suburb. He also had his footprints outside the country.
Being a well-seasoned and experienced industrialist, Mr Mugabe had on countless times been awarded various private sector leadership accolades from reputable organisations such as Zimbabwe National Chamber of Commerce (ZNCC), MEGAFEST and Zimbabwe Institute of Management, to mention but a few.
The Zimbabwe Independent
SHAME MAKOSHORI
ZIMBABWE’S industries said this week authorities must address a cluster of hurdles that have discouraged foreign direct investment inflows from the world’s biggest corporations, as the African Continental Free Trade Area (AfCFTA) comes alive in January 2021.
In an interview with businessdigest, Confederation of Zimbabwe Industries (CZI) president, Henry Ruzvidzo said while relaxation to trade barriers present opportunities for domestic industries to export into the larger market, authorities will have to work around the clock to lead companies into Africa.
“We need to move with speed to address all concerns over doing business in Zimbabwe to attract investors and the Zimbabwe Investment Development Agency (ZIDA) has its work cut out,” Ruzvidzo said.
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