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Saturday, July 13, 2024

Industrial machinery distribution firm commissioned in Kwekwe

Story by Tafara Chikumira

Government’s industrialisation efforts continue to have a buy-in from local investors as an industrial machinery distribution firm has been commissioned in Kwekwe, which is set to ease the way of doing business in the Midlands Province.

The firm, which was established to the tune of US$500 000 is targeting to spur the growth of mining and agricultural sectors in the Midlands Province through providing incentivised services.

Machines for Africa’s director Mr Medinah Ramjee said, “We want to help our farmers and miners grow their business thereby improving our economy. We have brought these machines to the Midlands province so that players in these sectors won’t have to travel all the way to Harare for such service. We have also come up with a stop order facility to make their lives easier.”

The initiative has been welcomed by local players, who are optimistic that it is going to improve the way they conduct their businesses.

“We are grateful for this initiative that has been brought to our doorsteps here in Kwekwe. As miners, the initiative is what we have been yarning for as it also allows us to work while raising capital for payments through their stop order facility,” said a miner and farmer, Cde Vimbai Mupereri.

Government is equally excited by the development which dovetails with the Second Republic’s strategic policy thrust to industrialise the economy.

“Today’s occasion is auspicious as it dovetails with President Mnangagwa’s strategic policy thrust to modernise and industrialise the economy as we gravitate towards attainment of an upper-middle-income economy earlier than 2030.

“In view of the foregoing, the Midlands Province continues to facilitate an open economy that creates opportunities for investors and its citizens. As we celebrate this investment in Kwekwe, let us embrace our gold-backed currency, the ZiG which has stabilised Zimbabwe’s macro-fiscal environment,” said Midlands Minister of State for Provincial Affairs and Devolution, Honourable Owen Ncube.

Since the inception of the Second Republic, the country has witnessed the establishment of flagship projects as local and international investors are leveraging on government’s policies which are anchored on the ‘Zimbabwe is open for business’ mantra.

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