Friday 14 June 2013

ECONOMY WILL SOON BEAT ITS INFLATION FIGURES

Economic growth is an exercise that is usually unpredictable when the nation is bombarded with other factors like politics, international segregation and subortage. It is very difficult and almost impossible to predict the up turn of an economy when there is not a stable government and no actual industrial develoment of any form.

Having said that, Zimbabwe is one nation that has moved from significantly from the state of being domant to slightly show signs and symptoms of revival. I therfore agree with Nigel Chanakira (Chair of the Zimbabwe Investment Authority, ZIA) who was reported as saying that Zimbabwe economy will soon revive itself especially after the elections.

It seems to me that msot investors are simply waiting for the elections and I am sure it does not really matter who wins. I foresee a significant influx of foreign investors coming to make their base in Zimbabwe as soon as the elections are over.

I also want to believe that Zimbabweans in diaspora are waiting for that small move of the political devide. As soon as the national elections are done many of the Zimbabwean descent will flood back to the motherland to re-establish themselves in all areas of development.

I will also say that this antion will immediately see a huge jump in terms of expertise because most of the migrants in various countries have been busy not only creating money but increasing their skills and qualifications.

Those who are still skeptical about Zimbabwe's economic growth, you need to watch this space. In five years time Zimbabwe will leap into the fast growing economy not only in the region but in the world.

It is therefore worth noting that anybody looking for a long term investiment would rather not wait but start now to gulvanise themselves towards basing their business in Zimbabwe.

Yes, things may for a time be shaky and unstable due to natural transition in the powers and control systems but all will soon be stable for a brighter future.

One of the challenges to development will corruption which has been born out of the chaotic lawless behaviour of some individuals who have inspired the young generation to act like wise. These have left school but survived on handouts from the paowers above them.

But I foresee this challenge being dealt with when the anticorruption commission gets into full service with support of the police service and the impartial judicial service.

Investors, be ready and know that it is time to consider the new Zimbabwe despite who wins the coming elections. As already said challenges will arise but there is hope for Zimbabwe than any other upcoming nation.

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