Zimbabwe to be among six fastest growing economies in Africa in two years


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Opposition politician Obert Gutu of the Movement for Democratic Change-Tsvangirai would make a good fan of Finance Minister Mthuli Ncube.

He has been bashed left, right and centre for insisting that “Anyone Zimbabwean who wishes for the national economy to collapse is whistling through a graveyard….. Their ‘prayer’ won’t be answered.”

He went on: “If you think that Zimbabwe will one day come to a screeching halt because some naysayers and doomsday prophets out there are shouting their voices hoarse, then you will soon be waking up from your nightmare. Zimbabwe is fast moving on and patriots are seizing opportunities.

“Patriotic and forward-looking Zimbabweans in the Diaspora are busy grabbing opportunities to work for the revitalization and revival of the Zimbabwean economy. In the Shona language, we say ‘haifurirwi isipo’, simply meaning opportunities don’t wait for anyone.”

Gutu’s message resonates well with Mthuli Ncube’s. The recently appointed Finance Minister says Zimbabwe will be the sixth fastest growing economy in Africa in two years.

Ncube told the Zimbabwe Investors’ Forum in New York that Zimbabwe will be joining African countries like Ghana, Ethiopia, Cote d’ Ivoire, Rwanda and Tanzania which have economic growth of above 6 percent in two years.

Some Zimbabweans are currently complaining that the country is collapsing and will not recover under President Emmerson Mnangagwa’s administration because opposition leader Nelson Chamisa holds the keys to unlocking the country’s economy.

Mnangagwa, however, told Zimbabweans in the diaspora that the country’s per capita has risen from $900 to $1 500 since he assumed office in November last year.

Ncube told American investors that Zimbabwe was the best country to invest in at the moment because it had the right infrastructure, though it needed improvement, and had good human capital as well as strategic location.

Here is what Mthuli Ncube had to say:

(220 VIEWS)

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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