Translate educational dominance into economic growth, says PM

Prime Minister Thokozani Khupe at the Zimbabwe International Business Conference, he said Zimbabwe could become a colossal economic force if businesses changed their mindset.

“In education, we have already surpassed African levels but we are yet to turn that into competitive value for rapid transformation and industrialisation. If our businesses are to survive, they need to migrate from the traditional business models typical of the pre-GNU period and to ensure that the final end users of our products get value for money rather than paying for inefficiencies in the value chain,” said Prime Minister Tsvangirai.

He said businesses should create business models that suited the new environment characterised by high volume production of superior products at competitive prices.

“Let us now work on more value systems that will offer far greater opportunities for further prosperity, value additions, political stability, poverty alleviation and industrialisation. Let us harness financial, technological and market opportunities while at the same time rebuilding collaborative arrangements with other countries.”

The Prime Minister called on the country to act with single-minded resolution to communicate its determination to be the best in Africa.

“Wealth creation and wealth generation have never been negotiable as they are governed by specific rules and policies.

“On their own they constitute a raison d’être for a collective national resolve for growing the value system. Zimbabwe’s pride requires all of us as key players and stakeholders to work together through smart partnership,” he said.

PM Tsvangirai said businesses should emulate examples set by Delta, Econet and Afrasia-Kingdom that had risen to the challenges faced by all companies and excelled.

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