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

You might also want to read this

• Zimbabwe launches industrial policy
• 'Trade policy, export strategy ready by third quarter'
• Local content threshold set at 80%
• Zim launches Intellectual Property Policy
• Zimbabwe launches motor industry policy
• Zimbabwe consults on second-hand vehicle policy
• Zimbabwe finalises industrial policy
• Policy consistency vital to attracting investment
• 'Re-engagement policy paying off'