Online Reporter
Herald Correspondent
Hustlers4ED Harare Provincial Chairperson Mr Lovejoy Chogugudza has called for the removal of sanctions imposed on Zimbabwe by the West and denounced the Zimbabwe Democracy and Economic Recovery Act (ZIDERA), a US law enacted in 2001.
Mr Chogugudza’s calls come as Zimbabwe commemorates the Anti-Sanctions Day that was initiated by the 39th SADC Summit of Heads of State and Government in 2019.
Hustlers4ED is a grouping of entrepreneurs.
Speaking on behalf of the group, Mr Chogugudza said the punitive measures are affecting the general populace.
“Sanctions are inhumane and barbaric,” he said. “ZIDERA must be denounced in the strongest terms. These sanctions have cut Zimbabwe off from international credit, blocked investment flows, and slowed industrial growth,” he said.
Mr Chogugudza applauded the Government’s efforts in the face of these challenges, noting the Second Republic’s resilience under President Mnangagwa.
“President Mnangagwa has shown resilience in developing our country and we really applaud him,” he said.
He said the Government’s engagement and re-engagement thrust and the friend of all and enemy to none policy, along with alliances with progressive nations, are bearing fruit across the country.
Despite the hurdles, the nation’s economic growth trajectory is gaining international recognition.
Both the World Bank and the International Monetary Fund (IMF) have projected a robust six percent growth rate for Zimbabwe this year, demonstrating the country’s inherent resilience, even under the burden of sanctions.
