PREMIUM – Could “white gold” power Zimbabwe to a prosperous future?

19 Feb, 2023 - 00:02 0 Views
PREMIUM – Could “white gold” power Zimbabwe to a prosperous future?

The Sunday Mail

PREMIUM

…Close to US$700 million in acquisitions in past 13 months

…US$630 million lined up for expansion projects

…Epic battle to localise battery production

Sunday Mail Reporter

AFTER the seismic political transition in 2017, Zimbabwe has increasingly been pivoting on mining and agriculture to extricate the economy from more than 17 years of decline and chart a new path to prosperity.

It was, and has been, a daunting task from the outset, especially in an economy throttled by two-decade-old sanctions imposed by the United States, the United Kingdom and their Western allies, which have progressively led to disinvestment, deindustrialisation, rising unemployment and low economic output.

Masterstroke

One of the first bold interventions by President Mnangagwa’s administration was to promulgate Finance Act No. 1 of ...

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