‘Bold decisions pay off for Zimbabwe’ . . . Nation eyes new era of prosperity: President Ruto

28 Apr, 2024 - 00:04 0 Views
‘Bold decisions pay off for Zimbabwe’ . . . Nation eyes new era of prosperity: President Ruto President Mnangagwa shares a light moment with his Kenyan counterpart, President William Ruto, during mass displays at the official opening of the Zimbabwe International Trade Fair in Bulawayo yesterday. — Picture: Eliah Saushoma

The Sunday Mail

Fungi Kwaramba in BULAWAYO

Bold decisions that have been taken by the Second Republic in key sectors of agriculture, mining and infrastructure development, as well as the introduction of a new currency, Zimbabwe Gold (ZiG), which is backed by minerals, will usher the country into a new era of prosperity, Kenyan President William Ruto said yesterday.

Recognising the tortuous journey that Zimbabweans have traversed under illegal economic sanctions imposed by the West, President Ruto, who officially opened the 64th edition of the Zimbabwe International Trade Fair (ZITF), said since he stepped into Zimbabwe, he noted “an unmistakable energy of a country going places”.

“One thing that has been difficult to ignore from the moment we stepped on Zimbabwean soil is the unmistakable energy of a country going places, a people facing forward and a nation entering a new chapter in its development history,” said President Ruto, who was accompanied by his wife Rachel.

“Upon observation and reflection, I have a good idea about the source of this infectious air of optimistic expectation that fills up every space in this great country.”

President Mnangagwa shows his Kenyan counterpart, President William Ruto, an album with images of the State visit produced by his office. Assisting the President is Chief Director, Presidential Communications, Dr Anywhere Mutambudzi, at the Joshua Mqabuko Nkomo International Airport in Bulawayo yesterday.  — Picture: Presidential Photographer Tawanda Mudimu

President Mnangagwa shows his Kenyan counterpart, President William Ruto, an album with images of the State visit produced by his office. Assisting the President is Chief Director, Presidential Communications, Dr Anywhere Mutambudzi, at the Joshua Mqabuko Nkomo International Airport in Bulawayo yesterday. — Picture: Presidential Photographer Tawanda Mudimu

He said President Mnangagwa, who has rolled out multiple high-impact infrastructural development programmes in every part of the country, had ignited hope.

“We all know that Zimbabwe has waged its share of struggles, faced its share of challenges and undergone a great deal of setbacks and pressures,” he continued.

“It has been inspiring to witness the resilience and fortitude of the Zimbabwean nation and the people, who, though not the authors of their country’s tribulations, refused to be victims of it, and did not give up, slow down or lament in despair.

“Instead, they endured and forged on, with the confident patience of a people who have prevailed against formidable adversaries and won daunting battles time and again.

Kenyan President William Ruto presents an award for the best Zimbabwean Non-Industrial/Non-Commercial Display to Police Commissioner-General Godwin Matanga, while senior Zimbabwe Republic Police officers look on

Kenyan President William Ruto presents an award for the best Zimbabwean Non-Industrial/Non-Commercial Display to Police Commissioner-General Godwin Matanga, while senior Zimbabwe Republic Police officers look on

“Under your leadership, Mr President, it is evident that this indomitable spirit has received a shot in the arm.

“This explains the positive changes that are taking place in many parts of the country and demonstrates Zimbabwe’s readiness to transform its abundant potential into opportunities for all sectors of its economy to make their contributions towards poverty reduction, employment creation, wealth generation and reduction of inequality, thereby ushering in economic development and inclusive prosperity.”

President Mnangagwa and First Lady Auxillia Mnangagwa, and Vice President Kembo Mohadi, as well as ministers from the two sister countries, attended the official opening of the ZITF, which ran under the theme “Innovation: The Catalyst for Industrialisation and Trade”.

President Mnangagwa shares a light moment with his Kenyan counterpart, President William Ruto, while First Ladies Amai Auxillia Mnangagwa  and Mrs Rachel Ruto look on during the official opening of the ZITF in Bulawayo yesterday. —  Picture:  Eliah Saushoma

President Mnangagwa shares a light moment with his Kenyan counterpart, President William Ruto, while First Ladies Amai Auxillia Mnangagwa and Mrs Rachel Ruto look on during the official opening of the ZITF in Bulawayo yesterday. — Picture: Eliah Saushoma

Signs of development

President Ruto indicated that the signposts of the country’s road to prosperity were the revival of the agriculture sector, accelerated infrastructure development, a booming mining industry and the ongoing monetary reforms.

“As a result of your Government’s policy of agricultural revitalisation, by which it invests in the provision of access to inputs, technology and markets, together with its strategy of supporting farmers to enhance agricultural productivity and achieve food security, the seeds of transformation have been sown in Zimbabwe’s farmlands,” said President Ruto.

“Its first fruit will be a major uplift in livelihoods across the country, leading to rural wealth and employment creation.

President Mnangagwa and First Lady Dr Auxillia Mnangagwa bid farewell to their Kenyan counterparts, President William Ruto and First Lady Rachel Ruto, at the Joshua Mqabuko Nkomo International Airport in Bulawayo yesterday. — Picture:  Presidential Photographer Tawanda Mudimu

President Mnangagwa and First Lady Dr Auxillia Mnangagwa bid farewell to their Kenyan counterparts, President William Ruto and First Lady Rachel Ruto, at the Joshua Mqabuko Nkomo International Airport in Bulawayo yesterday. — Picture: Presidential Photographer Tawanda Mudimu

“Afterwards, the maturing of various agro-industrial value chains will attract investments into expansion in manufacturing and growth in exports, creating even more jobs and wealth.”

While Zimbabwe is experiencing one of the worst droughts in recent years, investment in the critical sector has provided a soft landing for Zimbabweans, many of whom are getting succour in the form food aid from the Government.

“The restoration of agriculture as the cornerstone of economic growth, and of Zimbabwe as a famous breadbasket, is at hand,” he added.

President Ruto said Zimbabwe has always shown its willingness and commitment to regional integration and trade through membership of bodies such as the Southern African Development Community; the Common Market for Eastern and Southern Africa; and the African Continental Free Trade Area.

“The third intervention which confirms Zimbabwe’s commitment to economic recovery and transformation is its Government’s decision to introduce a new currency, the ZIG, which is backed by gold and other asset reserves.

“This radical revitalisation of Zimbabwe’s monetary policy will contribute greatly to the country’s economic resurgence.”

Zimbabwe’s vast and diverse natural resources, he added, represent tremendous wealth that can be tapped into to anchor the country’s currency.

“There is no doubt that these reserves represent tremendous wealth, and it is appropriate that they should be deployed to back the national currency.

“More critically, technology enhanced by innovation will certainly deliver far greater value for Zimbabwe’s economy from these natural resources.

“Taken together, these bold decisions by the Government of Zimbabwe constitute a bold and radical economic recovery, revitalisation and reform agenda based on a coherent, ambitious vision to steer the nation to prosperity and sustainability,” President Ruto said.

“On the basis of these facts, I am strongly persuaded that Zimbabwe’s commitment to transforming its immense potential into sustainable abundance is robust and driven by irrevocable intentionality.

“I am also convinced that this intentionality is closely connected with the vision and theme of the Zimbabwe International Trade Fair.”

In its journey towards transformation into an empowered, prosperous and highly industrialised society within the next six years, Zimbabwe, under President Mnangagwa, has embraced science and technology as mediums to leapfrog the country’s development.

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