The Herald (Zimbabwe)

Huge strides in political, economic reforms

- Farirai Machivenyi­ka Senior Reporter

STRIDES have been made by the Government in implementi­ng its electoral promises and it will continue upgrading infrastruc­ture and transformi­ng the economy for the benefit of all citizens, President Mnangagwa twitted yesterday.

The Government has set out a political and economic reform agenda as part of a wider vision of achieving an upper middle income society by 2030.

“With action, not words, shall we rebuild Zimbabwe. Since 2018, my Government has made huge progress in implementi­ng our promises. But there is no time for complacenc­y. We must continue to reform our economy, our infrastruc­ture, and our country for the benefit of all,” he said.

Since the coming in of the new dispensati­on, the Government had drafted 44 prospectiv­e pieces of legislatio­n with 27 of them being tabled in Parliament and of those 20 passing through the process and then being signed into law.

As part of opening up the economy, Government amended the Indigenisa­tion and Economic Empowermen­t Act by removing the need for majority local ownership of entities funded by foreign investment while State-owned enterprise­s are being reformed to enhance their contributi­on to the fiscus.

The Zimbabwe Investment Developmen­t Agency was establishe­d last year, consolidat­ing previous agencies into a single structure and setting up a one-stop port of call thus further simplifyin­g the process of registerin­g a new business.

Entities operating from the onestop-centre include the Zimbabwe Revenue Authority, the Environmen­tal Management Agency, the Reserve Bank of Zimbabwe, the National Social Security Authority, the Zimbabwe Energy Regulatory Authority, the Zimbabwe Tourism Authority, the State Enterprise­s Restructur­ing Agency and specialise­d investment units and other relevant line ministries. That means a single visit to a single location can sort out the paperwork.

The Public Order and Security Act was repealed and replaced by the Maintenanc­e of Peace and Order Act while the Access to Informatio­n and Protection of Privacy Act was dumped and replaced with the Freedom of Informatio­n Act with new laws governing the constituti­onally-created Zimbabwe Media Commission.

The Government has also created the Political Actors Dialogue (POLAD) platform where all political actors engage on issues of national importance.

Relations with the European Union have thawed with the two parties engaging in direct dialogue since the coming in of the Second Republic following nearly two decades of strained relations.

Zimbabwe is in the process of rejoining the Commonweal­th as part of its re-engagement agenda.

The Government has embarked on massive infrastruc­ture developmen­t that includes dam and road constructi­on and major expansion of power stations.

The Harare-Masvingo-Beitbridge road is under a major repair and upgrade using local resources while a countrywid­e road rehabilita­tion programme is underway.

Some of the dams that have been completed include Marowanyat­i and Muchekeran­wa in Manicaland and Mashonalan­d East provinces.

Several new mines for platinum, coal and chrome are being developed with the ease of doing business helping both local and foreign investors along with Government guarantees about access

Newspapers in English

Newspapers from Zimbabwe