Parly signs MoUs

Peter Matambanadzo Senior Reporter
THE Eighth Parliament is development-oriented and will enact investor friendly laws to ensure the success of the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset), Speaker of the National Assembly Cde Jacob Mudenda has said.
Cde Mudenda said this yesterday after signing two Memoranda of Understanding with the Women in Politics Support Unit (WiPSU) and the Southern African Parliamentary Support Trust (SAPST).

The two civic organisations will assist Parliament, which is facing financial constraints, with technical and financial support to achieve certain competencies in the discharge of it’s constitutional mandate.

“This Parliament is going to be a development-oriented Parliament,” said Cde Mudenda.
“We want to ensure that the Zim-Asset economic blueprint is championed by Parliament in making sure that we have investor friendly laws, which will accelerate domestic investment as well as foreign direct investment.

Cde Mudenda said it was critical for Parliament to uplift the country’s economic status.
“The laws must change for the better and if our Members of Parliament are capacitated through the efforts such as yours (SAPST) then they will be able to look decisively at the Bills that will come through Parliament,” he said.

The Eighth Parliament, Cde Mudenda said, would be proactive in enacting legislation that attracts foreign direct investment as well as encourage domestic investment to ensure the success of Zim-Asset.

He said Parliament would look at ways to accelerate the exploration of mineral resources and update mining laws in a way that makes it possible for an investor to set base within the shortest possible time.