Zimbabwe’s Economic Blueprint Out

VENTURES AFRICA – The MDC-T, a party led by Morgan Tsvangirai, unveiled its economic blueprint on Thursday, saying it would create jobs and attract billions in investment to the country.

The country’s economy has been stagnant for more than a decade as the ruling party and its leader President Robert Mugabe adopted dictatorial policies to run the country.

Tsvangirai, speaking at the launch of the economic blueprint dubbed Jobs, Upliftment, Investment Capital and the Environment (Juice), said Zimbabwe desperately needed new domestic and foreign investment in order to increase capital formation.

Through Juice, the MDC promised to create one million new jobs between 2013-2018.

According to Fin24, it also projects average growth rate of 8 percent per annum between 2013-2018 and promises a $100bn first world economy by 2040 among other things.

According to the economic blueprint seen by Fin24, the MDC says it has to generate decent jobs for the young men and women that are leaving colleges and universities.

“The MDC believes that in order to spur sustainable economic growth, it is imperative to grow the national cake,” the party said adding that concentrating on sharing the existing small and diminishing cake is a recipe for disaster.

The MDC lambasted the current version of indigenisation which it said is tantamount to nationalisation and expropriation and it is clearly a political gimmick by Zanu PF.

Tags:African business news Business in Zimbabwe Economic development Ventures Africa Zimbabwe economy Zimbabwe news

Mzwandile Jacks

Mzwandile Jacks has been a financial journalist for more than 20 years. He has worked full time for the Sowetan, The Lowvelder, Mpumalanga News, Business Day, Primedia Publishing, Finance Week, This Day, Financial Mail and Business Report. His articles have also been published in The New Age, City Press, Fin 24 and many other niche magazines in the stable of Capemedia and Highbury Safika Media, both independent magazine publishers. He has covered Africa extensively while working for the above-mentioned publications. He studied journalism at the Peninsula Technikon in the Western Cape and Politics and English at the University of the Western Cape (UWC). He cites South Africa’s pioneering journalists like Aggrey Klaaste, Joe Thloloe, Mathatha Tsedu, Monk Nkomo and Len Maseko as his mentors. He was voted the best black financial journalist at Finance Week in 2002. Rikus Delport, the editor of Finance Week at the time, described him as “a top notch journalist of that time.”

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http://http.gmail gandanga

yes tsvangirai we want economists,to rule our zimbabwe,when we put you in power,don’t mix politics with economy.we are supporting you to the end,we are tired nembavha idzi.
Patrick Makaka

you know what guys we have the resources here,what we need is the us $ to start and revamp the economy now not to vote for u becoz we know once voted u 4get us 4 5 yrs empower the poor first clean water,transport,health,education,accomodation we know all political parties are corrupt u have houses monies and guns with u so watch out for yo empty promises becoz u might create a rebellion against us

Latest comments on "Zimbabwe’s Economic Blueprint Out"

Patrick Makaka said on December 2, 2012 [8:15 pm]:

you know what guys we have the resources here,what we need is the us $ to start and revamp the economy now not to vote for u becoz we know once voted u 4get us 4 5 yrs empower the poor first clean water,transport,health,education,accomodation we know all political parties are corrupt u have houses monies and guns with u so watch out for yo empty promises becoz u might create a rebellion against us
gandanga said on November 30, 2012 [8:54 pm]:

yes tsvangirai we want economists,to rule our zimbabwe,when we put you in power,don’t mix politics with economy.we are supporting you to the end,we are tired nembavha idzi.