BUSINESSES in Zimbabwe should operate through established laws and industry standards which are essential to job creation and market stability, Industry and Commerce minister Nqobizitha Mangaliso Ndlovu has said.
In a speech read on his behalf by deputy minister Raji Modi during the ministry’s 2024 Strategic Plan workshop in Mutare yesterday, Ndlovu said the ministry’s goal was to transform Zimbabwe into a “prosperous and empowered upper-middle-income society” by 2030.
According to the ministry’s strategic plan, which is seen as central to Zimbabwe’s Vision 2030, it targets industrial expansion and sustainable growth if the country’s fortunes are to be .
Ndlovu also highlighted the significance of the Zimbabwe Industrial Reconstruction and Growth Plan 2024-2025.
This new framework will bridge the gap between the now-completed Zimbabwe National Industrial Development Policy and the upcoming National Development Strategy 2 set for 2026.
“This vision compels us to boost productivity, enhance competitiveness and create decent jobs for the Zimbabwean citizenry. Businesses must operate by established laws and industry standards,” he said.
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Ndlovu underscored sustainability and partnerships as foundational to the vision.
“Our initiatives will create resilient green industries capable of thriving despite global challenges, including climate change,” he said.
“The government can never deliver GDP [gross domesti product] growth. That is the private sector’s responsibility.”