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Zim industries begin regaining footing - Zimbabwe Situation


Zim industries begin regaining footing
Zimbabwe’s economic story is a tale of many turns.
Even economists and critics like US-based Johns Hopkins Professor Steve Hanke have tripped over their own projections countless times.
While the odds were heavily staked against local industry, especially with the coronavirus pandemic that was largely expected to weigh on the local economy, the manufacturing’s sector has been performing better than expected.
Local products now occupy about half of supermarket shop-shelves.
On March 12, President Mnangagwa tweeted: “In 2017, 5 percent of stock in Zimbabwe’s supermarkets was locally manufactured. Today, 45 percent of our supermarket supplies are proudly made in Zimbabwe. The worst of our economic woes are now behind us. Zimbabwe shall rise once again!” ....

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