🇿🇼NewsDay Zimbabwe·17 mins ago
Zimbabwe's diverse economic and social landscape: from investment to infrastructure and sport
Zimbabwe is experiencing a range of developments across various sectors. The nation is pursuing a US$650 million investment vision, reinforcing confidence in its long-term growth potential, and has initiated efforts for a US$25 million climate recovery boost. Value-added exports are surging, contributing to a narrowing trade deficit. In infrastructure, councillors are advocating for the immediate implementation of the Glassblock Dam project. The insurance industry is working to address a trust deficit, with Tsuro emphasizing that insurance relies on trust to honor future claims. FBC Holdings has achieved ISO/IEC 27001:2022 certification. In the mining sector, Rukweza has been appointed chair of the Lithium Association of Zimbabwe, highlighting the country's strategic focus on lithium. However, challenges persist, including critical shortages of midwives and power outages and raw material shortages impacting ART operations, leading to declines in export and paper division volumes. On the sporting front, over 300 girls are participating in women's football development, though Zimbabwe Cricket's developmental pathways face significant challenges. Political tensions are also noted, with violent attacks and forced evictions occurring at grasslands plots.