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Covid-19, hope not lost – President

Despite the Covid-19 headwinds and its negative effects on economic development all hope is not lost as the country witnesses a steady growth in the critical mining sector towards achieving a US$12 billion economy by 2023, President Mnangagwa.

 

Officially opening the annual Chamber of Mines Conference here in the resort town of Victoria Falls, the President said his administration will continue to create an enabling environment which improves the ease of doing business for the mining sector and investors at large.

The conference is being held under the theme “Navigating turbulent times and the Need to Build Resilience” a subject that the President described as befitting.

 

“I like the part of navigating turbulent times, it evokes a sense of being alert.

 

“Hope is not lost. When I met your leaders they had no complaints except Covid-19 which is not Government induced,” the President said.

The Second Republic, the President said is determined to attain Vision 2030 and the mining sector is expected to contribute significantly to the attainment of that Vision to become an upper middle class economy.

 

Despite the Covid-19 pandemic, which affected production and marketing, as well as prices of minerals, the sector has remained resilient largely because of Government incentives that include tax cuts.

Herald

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