Mnangagwa says 2023 holds a lot of promise for Zimbabwe


With regards to mining, Zimbabwe is well on course to achieving the US$12 billion target by end of next year (this year).

This is benefitting from the conducive business operating environment.

The increased discovery of lithium, a mineral in great demand in relation to the world’s response to climate change and the production and deployment of green energy, stands to position Zimbabwe in a competitive position.

In order to nurture an entrepreneurial and innovative culture amongst our talented young boys and girls, the Second Republic is investing heavily in science and technology, including setting up innovation hubs and industrial parks.

This has seen record-breaking inventions and patents being registered and a lot of start-ups being nurtured.

Over and above this, for the first time, Zimbabwe is now self-sufficient in the production of medical oxygen and we also managed to launch our first satellite into space.

We are indeed building strategic science and technology capabilities with more zeal, confidence and determination.

The tourism sector has seen the number of both local and international tourists increasing.

A number of airlines have also either entered our market or increased the frequency of flights into Zimbabwe.

Critical economic reforms by the Second Republic, including increased fiscal discipline, boosted overall investor confidence.

In the manufacturing sector, the year 2022 witnessed increased capacity utilisation.

This, coupled with stabilising prices, has set Zimbabwe on a sustainable economic growth path.

It has seen the country recording its highest foreign currency earnings ever.

This was also made possible by Zimbabweans in the diaspora, who continue investing and sending money to their loved ones as remittances.

The year 2022 also saw the devolution and decentralisation agenda at work.

Through the devolution funds, a number of health facilities and schools were built countrywide.

The historic celebration of independence outside Harare in Bulawayo for the first time is a mark of our resolve as a united people.

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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.


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