2 November 2013

Zimbabwe: Economy Set to Grow

Zimbabwe's economy will turn around and become one of the strongest in the world if the new economic blueprint, the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim Asset), is successfully implemented, Vice President Joice Mujuru has said.

Government recently adopted the five-year economic blueprint that seeks to achieve sustainable development anchored on indigenisation and empowerment.

The economic plan envisages that the economy will grow by an average of 3,4 percent this year, 6,1 percent next year and continue on an upward growth trajectory to 9,9 percent by 2018.

In a speech read on her behalf by Minister of State for Presidential Affairs Flora Bhuka at the Women in Enterprise Conference held in Harare yesterday, VP Mujuru said there was need for Zimbabweans to work together to successfully implement the road map.

"To achieve this, we need to attract investment, increase productivity, reduce the cost of doing business and increase use of innovative production technologies.

"I would, therefore, like to challenge Zimbabweans from all walks of life to work together as Team Zimbabwe," she said.

She urged Government and the private sector to work together and promote a sense of accountability and transparency in the way business is done.

"I would like to call upon entrepreneurs to uphold good corporate governance, good leadership and business management styles in doing business in this country. Government and the private sector need to work hand in glove. It is time we walk the talk," said VP Mujuru.

She said women should embrace opportunities that have been made available to them under the indigenisation and empowerment programme to increase their contribution to the nation's economy.

VP Mujuru said Government would continue to create a platform that made doing business easier for women.

"Government will continue to create a platform and a conducive environment for all, particularly women, to fully exercise innovative and entrepreneurial skills," she said.

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