By A Correspondent- The FORUS believes that the expansion of private enterprise in Zimbabwe must be built on the maxim that ‘small is beautiful and the bottom-up economic growth’ has ripple positive effects of resolving the current economic challenges bedevilling the ordinary Zimbabwean.
Most Zimbabweans rely on small-scale agriculture and informal business or mining and there is need for government to invest in them considering that these are the areas that offer potential growth, but that currently rely on fragile fundamentals such as ageing energy and transport infrastructure and inadequate education and healthcare systems.
Creating pathways to formality and upscaling over time will be vital to success. New infrastructure projects will need to be small-scale, widely spread across the country, and funded and operated through public-private partnerships or joint ventures with domestic and/or international partners.
Attaining long-term economic growth and sustained development in Zimbabwe will require deep structural economic and political reform. Clear and consistent policies, and broad stakeholder consultations, are imperative to success.
But the challenges are not insurmountable, and there are significant opportunities for short-term gains along the way.
Forging ahead with economic emancipation, devolution and empowerment, inclusive trust and social justice, and harnessing the collective energies, the truth to power lies with all progressive Zimbabweans.