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15-key points from Mnangagwa’s SONA 2017

President Emmerson Mnangagwa delivered his maiden State of the Nation Address today, emphasizing that growing the economy is a top priority for his administration.

Below are the key highlights of his speech.

  1. Government to increase productivity and capacity utilization across all sectors.
  2. Government is developing a local content policy to boost local manufacturing capacity.
  3. Ease of Doing Business Reforms to be implemented with renewed impetus.
  4. To remove any policy inconsistencies and harmonize investment laws to make Zimbabwe an attractive destination for capital.
  5. Government to unveil a robust engagement and engagement programme with the international community.
  6. To unveil a programme of the reforms for state enterprises and parastatals in the first quarter next year.
  7. Government to provide monetary incentives for the support of domestic and export production.
  8. Mnangagwa vows to tackle corruption and build a transparent economy.
  9. Corruption of parceling out of land to land barons and the construction of houses on undesignated areas in a haphazard manner to stop.
  10. Government to ensure that the 2018 harmonised general elections will be credible, free and fair.
  11. The economy is forecast to grow in 2018, buoyed by the rebound in agriculture and mining.
  12. To capacitate the responsible agencies and stop the porous nature of Zimbabwe’s borders.
  13. Implored the business community to show restraint and avoid wanton hiking of prices.
  14. Government rolling out the Business Incubation programme to several towns and rural service centers to unlock growth potential of small to medium enterprises.
  15. Government, in partnership with the private sector, is working on a comprehensive business ecosystem around the Tokwe-Mukosi Dam.

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