Online Reporter
Nyore Madzianike-Senior Reporter
GOVERNMENT will continue to strengthen the business environment, cutting bureaucracy, and offering incentives to stimulate investment and job creation, Vice President Dr Kembo Mohadi has said.
He stated that Zimbabwe envisioned an economy drawing on its cultural heritage, natural resources, and human capital to drive sustainable growth, adding that Industry 4.0 offered unprecedented opportunities to transform the economy, boost productivity, and enhance competitiveness.
Dr Mohadi’s remarks were delivered at the Zimbabwe Federation of Industries and Commerce Zimprosperity annual awards ceremony held in Harare over the weekend.
The Vice President was represented by Industry and Commerce Minister Mangaliso Ndlovu, who was in turn represented by a director in his office, Mr Dayford Nhema.
“As we celebrate your outstanding achievements, we recognise the pivotal role you play in shaping Zimbabwe’s economic landscape.
“Zimbabwe’s economy has faced significant challenges in recent years, but your resilience and determination have been a beacon of hope.
“Despite the difficulties, you have continued to innovate, invest, and push the boundaries of growth. Your efforts have not gone unnoticed, and we salute your dedication to making Zimbabwe a great nation again.
“The theme of the event, ‘Fostering a Health-Based Economy’ anchored on Industry 4.0 and NDS2 towards a sustainable upper-middle-class economy, resonates deeply with the Government’s aspirations.
“We envision Zimbabwe leveraging its rich cultural heritage, natural resources, and human capital to drive sustainable economic growth and development. Industry 4.0 presents us with unprecedented opportunities to transform our economy, enhance productivity, and improve competitiveness,” he said.
Dr Mohadi urged industry players to lead the 4.0 revolution by embracing advanced technologies and innovative practices, redefining the future of work. He noted that Vision 2030 remained ambitious but attainable.
“We aim to propel Zimbabwe into an upper-middle-income economy, and your contributions are crucial in realising this goal.
“By embracing the principles of Industry 4.0, we can create new opportunities for economic diversification, job creation, and inclusive growth,” he added.
He said the awards demonstrated exceptional leadership, innovation, and commitment to excellence, adding that the achievements on display reflected the potential of the private sector and could inspire others.
“As government, we are committed to creating an enabling environment that supports business growth and development.
“We will continue to work tirelessly to improve the business climate, reduce bureaucracy, and provide incentives to encourage investment and job creation. To our award winners, I congratulate you on your well-deserved recognition.
“Your success is a reflection of your hard work, dedication, and passion for excellence. May your achievements inspire others to emulate your example and contribute to the growth and prosperity of our nation, Zimbabwe,” he said.
The Vice President also called on captains of industry to uphold the foundational national values of excellence, integrity, and teamwork.
“We must continue to work together, leveraging our collective strength, to build a more resilient, competitive economy. Let us reaffirm our commitment to fostering a heritage-based economy that celebrates a unique cultural identity and harnesses the power of technology to drive sustainable growth,” he said.
“Together, we can achieve greatness and make Zimbabwe a prosperous and thriving nation again,” he said.
Minister Ndlovu, through Mr Nhema, stated that value addition and cultural diversity could help the local industry create products and services capable of marketing Zimbabwe regionally, continentally, and globally. “Distinguished guests, as a country, we must embrace Industry 5.0 to remain competitive.”
“By adopting technologies like AI, blockchain, and the Internet of Things, we can increase productivity, efficiency, and innovation across the various subsectors of our economy.
“You will be aware that NDS1 is also prioritising the digital transformation to ensure Zimbabwe becomes a hub for technology-driven industries,” he said.
Minister Ndlovu reaffirmed the Government’s goal of building a sustainable, upper-middle-income economy where citizens enjoy a high standard of living. Achieving this, he said, hinges on investment in human capital, equipment, and entrepreneurship.
“Together, we can empower businesses, develop skills, attract investment, and create an economy that benefits all our citizens,” he concluded.
