Innovation needed to rescue Zim

Yesterday, we carried a report in which a leading socio-economic research and advisory services organisation indicated that the current economic situation in Zimbabwe calls for innovative and strategic thinking more than anything else.

It is an undisputable fact that the country’s economy is in distress hence Finance minister Patrick Chinamasa recently lowered economic growth projections to 1,5% from the initial 3,2%, citing drought and declining agriculture output standing at 8,2%.

But, the World Bank believes Zimbabwe’s economy will grow by 1%.

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