Cold spell to continue
Most people were yesterday caught off guard as they woke up to chilly and windy conditions.
In a statement the MSD said the cold weather was caused by wetness affecting South Africa.
“The atmosphere is becoming relatively moist across much of the country, with a slight fall in pressures over the south east coast of South Africa drying much of the southern areas which experienced rather windy, cloudy and cold conditions for the greater part of the day,” said MSD.
The department said Bulawayo, Matabeleland North and South and Mashonaland West are today and tomorrow expected to experience sunny to hot conditions. Harare, Masvingo, Midlands, Manicaland, Mashonaland East and Mashonaland Central provinces are expected to continue being affected by the cold breeze. “Partly cloudy conditions expected due to remnant moisture while being warm to hot, it should be slightly cooler than of late during the day, though morning and evening will be in the mild category,” read the statement. — -@nqotshili
He said exports were critical as they help in foreign currency generation.
“The most important source of foreign currency to drive the economy is through exports, especially value added goods and services.
“I wish to commend companies from all sectors of our economy . . . that have continued to export and contribute to the country’s export earnings.
“I note that minerals, tobacco, horticulture and selected manufactured products and services dominate the country’s export basket,” said President Mnangagwa.
However, he said the current scenario where about 80 percent of local exports are coming from primary commodities was “undesirable” in the medium to long-term future.
He said “greater strides” must be made to ensure the expansion of the production and range of exported manufactured and processed goods across all sectors of the economy.
President Mnangagwa said manufactured and processed agricultural commodities and services must be grown “exponentially if we are to sustain the economic growth trajectory and reduce our trade deficit.
“I am confident that the current total export figures can be surpassed given the vast resource endowments of our country.
“It is incumbent upon captains of industry and commerce across all sectors to be export-oriented and to leverage on our country’s geo-strategic advantage to access a broader market share within the region, continent and beyond,” he said.
The President said to accelerate the country’s quest to enter the global value chains, local firms must utilise the existing bilateral agreements and the preferential and customs trade agreements that have been entered into for duty-free and quota-free market access with trading partners in Comesa, Sadc and countries in the European Union under the Interim Economic Partnership Agreement.
The coming in of the African Continental Free Trade Area (ACFTA), which was signed in March this year, ushers in further opportunities for local entrepreneurs and companies to export into the continent as part of promoting intra-African trade.
President Mnangagwa said mining and agriculture are among Government’s priority sectors earmarked to stimulate economic growth.
However, he said there was need to speed the value addition and beneficiation of minerals, adding that Government expects relevant ministries, departments, agencies and parastatals to be proactive in devising and implementing policies and strategies, inclusive of enhanced use of ICT applications that will facilitate increased exports of value-added goods and services across all sectors.
President Mnangagwa said local companies should establish joint venture partnerships with potential investors that are keen to do business with Zimbabwe.