“Zimbabwe Celebrates 44 Years of Independence: Focus on Economic Resilience and Growth”

As Zimbabwe commemorates its 44th Independence Anniversary, the spotlight shines on the nation’s ongoing development initiatives aimed at driving economic growth, improving infrastructure, and enhancing the quality of life for all citizens.

President Dr E.D Mnangagwa’s address in Murambinda, Manicaland Province yesterday underscored the government’s commitment to advancing key development priorities amidst challenges posed by factors such as climate change and economic volatility.

Addressing the gathering of distinguished dignitaries, including government officials, traditional leaders, and members of the diplomatic corps, President Dr E.D Mnangagwa reiterated the importance of sustainable development in shaping Zimbabwe’s future. He highlighted progress in various sectors, emphasizing the strides made in infrastructure development, particularly in the areas of road networks, energy generation, and ICT infrastructure.

The president outlined ongoing efforts to bolster agricultural productivity and food security, particularly in light of the El Nino-induced drought affecting the region. He reassured citizens of the government’s dedication to mitigating the impact of the drought through targeted interventions and support for vulnerable communities.

Economic resilience took center stage as the president announced the introduction of a new structured gold-backed currency, Zimbabwe Gold (ZiG) aimed at stabilizing the economy and safeguarding it against external pressures.

“Our ZiG currency is anchored by our God given gold and other strategic mineral resources, as well as foreign currency reserves. This development, will boost our confidence and pride in our own national currency and further help protect our currency from attack by the country’s detractors.”, President Mnangagwa said.

He highlighted positive growth trends in key sectors such as mining, tourism, and manufacturing, underscoring the nation’s capacity to weather challenges and pursue sustainable economic development.

Education and youth empowerment emerged as key priorities, with the president emphasizing initiatives to promote science, technology, and innovation, as well as vocational training programs aimed at equipping young people with the skills needed for the modern workforce. Investments in healthcare infrastructure and access to essential services were also highlighted as critical components of the government’s development agenda.

In concluding his address, His Excellency, President Dr E.D Mnangagwa urged all Zimbabweans to unite in support of the nation’s development aspirations, emphasizing the importance of collective effort in overcoming challenges and building a prosperous future for generations to come.

The Independence Day celebrations serve as a testament to Zimbabwe’s resilience and determination to achieve sustainable development and prosperity for all.

Leave a Reply

Your email address will not be published. Required fields are marked *

News

New Tourism Strategy Aims to Empower Local Communities

The tourism sector is set for a transformation as the Tourism and Hospitality Industry Minister, Barbara Rwodzi, calls for greater collaboration with local communities to enhance their well-being. Speaking at the inaugural Tourism and Conservation Conference in Harare yesterday, Minister Rwodzi highlighted the critical role of community involvement in the future of tourism. The event, […]

Read More
News

Government Moves to Improve Transparency

On July 10, 2024, the Government took a significant step towards enhancing transparency and accountability in service delivery by launching the Zimbabwe Inter-Governmental Fiscal Transfers System (IGFTS) Administrative Manual. This initiative aims to streamline the management and processing of devolution funds, ensuring they are utilized in a responsible manner. Since its inception, the Second Republic, […]

Read More
News

Mutapa Investment Fund (MIF) – Zim’s 4th Chimurenga

The Sentry’s latest report on the Mutapa Investment Fund (MIF) has been met with scepticism and criticism, suggesting potential wrongdoing or unethical behaviour. The report uses language such as “raises concerns,” “overvaluation of shares,” and “transfer of public wealth to private individuals,” indicating a negative perspective on the MIF’s dealings. However, it is essential for […]

Read More