Zimbabwe: Lessons From SA On Value Addition, Beneficiation

Last week I wrote about the recent International Monetary Fund World Economic Outlook which paint a gloomy picture for the global economy in 2016 and possibly 2017.The report clearly indicated that commodity prices are not going to pick up any time soon. The way out for developing countries is premised on value addition and beneficiation.Zimbabwe, in its Zimbabwe Agenda for Sustainable Socio Economic Transformation (Zim-Asset), clearly spelt out the value addition and beneficiation as one of the four clusters in the Zim-Asset. This week's discussion is aimed to share notes from our neighbour, South Africa.

The South African Government adopted a developmental economic policy known as "The New Growth Path", which seeks to place the national economy on a production-led growth trajectory in order to tackle the country's developmental challenges of unemployment, inequality and poverty.

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