Page 6 - Transitional Stabilisation Programme News Today

Covid-19 will not retard the positive economic growth trajectory Zimbabwe has achieved so far and the momentum is set to be maintained into 2022

Zimbabwe needs to make more of the medicines and other medical consumables its people use and local pharmaceutical companies

Govt admits policy failures BY MOSES MATENGA GOVERNMENT has conceded that it was found wanting in the implementation of previous economic blueprints and now pins its hopes on its ambitious National Development Strategy 1 (NDS1) to cure the current economic ills. The NDS1 is the second blueprint launched by President Emmerson Mnangagwa’s administration, following in the footsteps of the Transitional Stabilisation Programme (TSP), which was launched in 2018 to run for two years but fell flat. Z...

Economic decline and social malaise The Zimbabwe Constitution guarantees social protection, but provision and accessibility are hampered by fiscal limitations Small scale farmers at Monzou village after their crops were destroyed in an eviction attempt by former first lady Grace Mugabe to annex their land PHOTO Graeme Williams In contemporary African countries social protection is broadly perceived as central and indispensable to human development. Persistent and chronic forms of poverty that o...

By James Muonwa INFORMATION minister, Monica Mutsvangwa says President Emmerson Mnangagwa deserved to be reelected the country’s leader in the 2023 for what she said was the incumbent’s wise leadership in taming what could have been a worse off Covid-19 impact. She said the local death toll due to the global pandemic could have been much higher on the backdrop of lack of adequate health infrastructure and skills to manage the disaster. Mutsvangwa was addressing Zanu PF officials during the ...

Economy shows rapid growth, says Mnangagwa Economy shows rapid growth, says Mnangagwa HARARE – Zimbabwe is on a path to rapid socio-economic growth driven mainly by measures put in place to boost production, which has risen remarkably across various sectors of the economy in the last few months, President Mnangagwa has said. He made the remarks during a virtual address to mark the 2021 International Workers Day, which fell on Saturday. The President’s views are shared by top economists...

ZANU-PF has reiterated that its power is derived from the people in the structures countrywide and any power change in Zimbabwe must come via the people expressing themselves in an election. Speaking at the ruling party’s Youth League National Executive meeting held yesterday, Zanu-PF acting deputy secretary for youth affairs Tendai Chirau said it was not Zanu-PF’s objective to strengthen the opposition. “As a Party, we do not have in our objectives a function of strengthening the opposit...

‘Let’s preserve our liberation gains’ Farirai Machivenyika-Senior Reporter Zimbabwe celebrated 41 years of independence yesterday with President Mnangagwa calling on Zimbabweans to be inspired by the occasion to preserve the gains of the liberation struggle. This year’s truncated event was held at State House in line with Covid-19 containment regulations. Cabinet ministers, senior Government officials, service chiefs, traditional leaders and members of opposition political parties atten...

Prof. Mthuli Ncube THE Ministry of Finance and Economic Development has started rolling out its global business roadshow meant to attract increased investment into Zimbabwe and showcasing the comprehensive economic policy reforms being implemented by the Second Republic. Guided by the National Development Strategy (NDS1 2021-2025), a successor blue-print to the Transitional Stabilisation Programme (TSP-2018-2020), the Government is working on transforming the economy towards an upper middle-inc...

Treasury kick-starts global investor roadshows Business Reporters The Ministry of Finance and Economic Development has started rolling out its global business roadshow programme meant to attract increased investment into Zimbabwe and showcasing the comprehensive economic policy reforms being implemented by the Second Republic. Guided by the National Development Strategy (NDS1 2021-2025), a successor blue-print to the Transitional Stabilisation Programme (TSP-2018-2020), the Government is workin...