‘Zim’s economy on upward trajectory’

Bianca Mlilo Chronicle Reporter
ZIMBABWE’S investor-friendly economic policies encourage foreign investors, Acting President Phelekezela Mphoko has said. Speaking at the official opening of Tiger Wheel and Tyre’s (TWT) Bulawayo branch on Thursday evening, Acting President Mphoko said the new shop was a direct response to his call for the resuscitation of Bulawayo industries.“This launch comes at a very opportune time for Bulawayo in particular, and Zimbabwe in general as it puts to shame the prophets of doom who have persistently clamoured for the collapse of the Zimbabwean economy,” he said.

“Today we are celebrating concrete evidence that Zimbabwe’s economy is on an upward trajectory.

“The launch of this TWT Bulawayo branch, the third branch in Zimbabwe is evidence of the confidence that investors have in the Zimbabwean government policies geared towards economic recovery, especially Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset).”

Acting President Mphoko said the new shop, the biggest in Zimbabwe and built at a cost of over $200,000, was a clear testimony to the confidence the company had in the resuscitation of Bulawayo industries and the Zimbabwean economy.

He commended the managing director Mr Rishi Magecha and finance director Mr Atish Naran for ploughing back into the country of their birth. The new store boasts a high-tech showroom displaying available products, and a comfortable hospitality lounge where motorists can relax while their vehicles are serviced.

The store will have two alignment bays and five fitment bays. The range of tyres in stock includes Continental, Yokohama, Hankook, Michelin, BFGoodrich, Pirelli, GT Radial, Sumitomo and Tiger Wheel & TWT’s own brand Velocity. Wheels from impressive brands that can be found at the showrooms include TSW, Racing Hart Concepts, Black Rhino and Turn 1™.