Treasury commits to industrialisation agenda

THE Ministry of Finance, Economic Development and Investment Promotion has committed to promoting domestic industrial growth and expanding locally-manufactured goods for the domestic and export markets.

The ministry made these remarks during the 2025 International Business Conference held last week at the Zimbabwe International Trade Fair.

The commitment comes at a time when the manufacturing sector is experiencing stagnation due to the high cost of production, obsolete technology, lack of funding/government support, high taxes (compliance costs), electricity issues, currency issues, export retention and competition from the informal sector.

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