'Zimbabwe must incentivize local content policy'

'Zimbabwe must incentivize local content policy'
Published: 16 May 2018
Incentives should be rolled out for financial institutions to lend to local investors to drive Zimbabwe's local content policy, a new report has revealed.

Zimbabwe is working on a local content policy, which is expected to stimulate the use of local factors of production, such as labour, capital, supplies of goods and services, technology, and research and development, to create value in the domestic economy, Treasury has said.

In a 2017 country profile report for Zimbabwe released on Sunday, the United Nations Economic Commission for Africa (ECA) said the participation of local financial institutions in productive processes in the country was one of the weakest links because of general risk aversion.
- newsday


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