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NCDMB to host African Local Content Roundtable in Yenagoa


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NCDMB to host African Local Content Roundtable in Yenagoa
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The maiden edition of African Local Content Roundtable has been scheduled to hold in Yenagoa, the Bayelsa State capital, on 3rd and 4th of June, 2021.
It would attract several dignitaries and policy leaders in the oil and gas, government, development agencies, and related sectors connected to the oil and gas sector.
A statement by the organisers said the objective of the Pan-African engagement, is to institutionalize peer review mechanism among African oil-producing countries on local content , as a key development imperative for domestication and sustainable growth of Africa’s hydrocarbon resources. ....

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Economy shows rapid growth, says Mnangagwa


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, including Mr Eddie Cross, who believes 2021 would be a year for “significant growth”.
Said Mnangagwa: “The implementation of our National Development Strategy 1 (NDS1) is on course, with the country now on the path to sustained socio-economic growth. ....

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Weathering the pandemic and growing the manufacturing sector


Weathering the pandemic and growing the manufacturing sector
by MARTIN MWITA
•The association calls for reduced cost of doing business, as high taxation remains a burden.
•The country’s manufacturing sector has played a major role in the fight against the pandemic, with the local production of PPEs.
As the second quarter of 2021 unfolds, what is the state of the manufacturing sector?
At the beginning of the year, we were optimistic that we would see economic recovery after being hard hit by the Covid-19 pandemic last year. Currently, our economy is in a frail state–the spiraling debt, high cost of doing business, corruption, an inefficient transport and logistics system, policy unpredictability and instability as well as rolling back of measures put in place to cushion the economy from the effects of the pandemic, which continue to hinder our competitiveness and productivity. ....

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