Categories: Top story of the day

Is Mzembi dreaming again?

Top stories for July 21-25

Tourism Minister Walter Mzembi said Zimbabwe could boost its tourism earnings from US$1 billion to US$5 billion within the next six years and he was not dreaming. “We have the potential to earn $5 billion per annum by 2020. The $5 billion is exactly the size of Minister Chinamasa’s budget today. I am not dreaming. In 1999 we had 48 international carriers landing at Harare International Airport, today we are at 16. We are seeking to bring Zimbabwe back to its air hub status. We need to sign up another 32 airlines and it is not impossible.” Indeed, it is not impossible. A Harvard study last year said Zimbabwe has the highest potential growth in Africa in the next six years. The same study said the country was ranked sixth in terms of potential growth globally. Mzembi shocked most people a few weeks ago when he said Zimbabwe would bid to the host the next Soccer World Cup to be hosted by Africa in 2034.

(23 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Share
Published by
Charles Rukuni

Recent Posts

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024