Government is placing strong emphasis on reviving key economic sectors through the promotion of production-oriented investment and implementing initiatives targeted at enhancing the performance of State enterprises and parastatals.

This was said by Vice President Kembo Mohadi during the 7th edition of the Excellence in Corporate Governance Awards held in Harare on Thursday night.

The annual awards ceremony is organised by the Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) to honour company boards who promote good corporate governance practices.

Mohadi said the various reforms being undertaken by Government had put Zimbabwe in the right direction.
“We are seeking to grow the livelihoods of our people,” he said.

“Progress has been made on many fronts that include, but not limited to fiscal consolidation, monetary policy restoration and liberalisation of the foreign exchange market to mention but a few.

“The 2020 National Budget, which marked a transition from austerity to a growth stimulation and employment generation era, offered quite a number of incentives which should be taken advantage of by all productive sectors of the economy.”

Mohadi said Government was improving the ease of doing business in the country through the establishment of a “One-Stop Shop” investment centre.

“The establishment of a One-Stop Shop investment centre is aimed at improving investor confidence,” he said.State media