Online Reporter
Obey Musiwa
Herald Reporter
Zimbabwe has unveiled key reports on e-trade readiness and productive capacity aimed at driving digital transformation and economic growth. The initiatives seek to harness the potential of digital trade, improve access to finance, and create high-value goods and services.
Developed in partnership with the United Nations Conference on Trade and Development (UNCTAD) and the Republic of Korea, the reports provide a roadmap for strategic interventions designed to enhance competitiveness, industrialisation, and sustainable growth.
At the launch event in Harare yesterday, Industry and Commerce chief director Dr Douglas Runyowa said e-commerce is no longer a luxury, but a necessity for businesses.
“This assessment will guide our national e-commerce strategy to harness the potential of digital trade and enhance competitiveness while bridging the digital divide,” he stated.
“In today’s interconnected world, e-commerce is no longer an optional luxury, but a fundamental imperative for businesses to thrive, expand their reach, and create new sustainable opportunities,” he added.
Dr Runyowa highlighted that a robust digital economy would support a strong industrial sector and drive sustainable growth, aiming for middle-income status by the end of 2030.
“Today’s launch is not just about presenting reports; it is about initiating a national dialogue and galvanising collective action to inform our policy decisions,” he explained.
The E-Trends Report will outline strengths, weaknesses, opportunities, and challenges within seven critical pillars identified for strategic intervention. These pillars include e-commerce assessment, ICT infrastructure, payment solutions, logistics, legal frameworks, e-commerce skills development, and access to finance.
Ambassador of South Korea to Zimbabwe, Park Jae Kyung, said collaboration on the e-Trade Readiness Assessment is critical.
“This reflects Korea’s belief that digital transformation is a cornerstone of inclusive, resilient, and sustainable development,” he remarked.
Dr Ayodele Odusola, UNDP Resident Representative in Zimbabwe, noted that the report could help tackle current challenges, particularly in health.
“Zimbabwe is currently facing a health crisis, and this report provides an opportunity to advance our efforts in addressing challenges at a global level,” he stated.
The launch of these reports marks a significant step toward integrating digital solutions into Zimbabwe’s economy, paving the way for a more competitive and resilient future.
