Zimbabwe has been known to have the most diversified manufacturing sector within the region pre-2004, it was characterised by a strong and well organised value chain which was traceable from the source to the ultimate market. The turn to a dollarized economy led to a summersault shift in the structure of the economy, however this was preceded by the land reform process as well as trade and economic sanctions which were imposed upon Zimbabwe starting with the Zimbabwe Democracy and Economic Reform Act [ZDERA].
Inbred flaws in the form of structural weaknesses, a trade and current account gap and limited revenue growth, have remained a malfunction in the otherwise buoyant long-term economic growth course.
PRESENTATION BY THE SPEAKER OF THE NATIONAL
Key lessons on the Ease of doing business can be drawn from Rwanda, a country ranked number two, after Mauritius, in the Ease of doing business rankings in Africa. This follows the business mission to Rwanda trip in which the Zimbabwe National Chamber of Commerce (ZNCC) partnered Investment Access Group (IAG), and led a business delegation to Rwanda from 23 to26 January 2018.
1) Towards the end of last year, prices of basic commodities rose sharply, and thereafter, there were engagements between government, retailers, consumers and manufacturers. What was the outcome of those engagements?