ZIMBABWE GOVERNMENT VOWS TO RESTORE MARKET ORDER, COMBAT INFLATION

 

By Online Desk

Industry and Commerce Minister Mangaliso Ndlovu has reaffirmed government’s commitment to restoring order and organized commerce in the market, aimed at promoting sanity and stability.

In a speech read on his behalf by his Deputy Minister Raj Modi at a strategic plan workshop in Mutare today, Minister Ndlovu emphasized the need for businesses to operate within established laws and industry standards.

The move comes as the government seeks to counteract the distortions and manipulations by some unscrupulous businesses, which have been fuelling inflation.

To achieve this goal, Zimbabwe will soon launch the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) for 2024-2025.

“(ZIRGP) 2024-2025 was crafted to serve as a transitional framework to align the industrial policy with the National Development Strategy 2 (2026-2030), in line with Integrated Development Planning (IDP) and Integrated Results-Based Management (IRBM),” Minister Ndlovu explained.

“ZIRGP will address the immediate challenges in the manufacturing and commercial sectors while laying a solid foundation for accelerated industrial development under ZNIDP 2 to achieve Vision 2030 aspirations,” he added.

The government’s efforts aim to promote a stable and equitable market environment, supporting local businesses and incentivizing investments.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top