Policy review a must for Zimbabwe

By Alfred Tembo

Rhetoric calls to resort to alternative energy sources in an effort to address climate change which is negatively impacting Zimbabwe’s agriculture sector and the national economic status may remain “a dream” should we lack political will at the implementation stage, says a young industrialist, Collen Moyo.

Speaking in reference to the just-released International Monetary Fund (IMF), World Economic Outlook report for April (2022) remarks that, “Economic damage from the (Russia-Ukraine) conflict will contribute to a significant slow down in global growth in 2022,” he adviced that Zimbabwe should develop sound responsive policies for small and medium industrial players to match global economic trends.

“Zimbabwe’s determination to shift towards “middle-income state” comes way too early than projected time. But this can best be attained by developing deliberate policies that support small and medium entreprises.,” Moyo, also Viridi Solution (Pvt) Ltd, C.E.O said.

He said findings in the IMF report which further revealed that “Inflation is expected to remain elevated for longer than previous forecasts, driven by war-induced commodity price increases and broadening price pressures,” the country needed strong practically oriented policies.

Moyo said with help of academics and analysis, Zimbabwe has explored several prospective options without success, citing that implementation of a business perspective-oriented intervention was the only remaining option available.

“As a solid and determined team of progressive Zimbabweans that believe in its own capacity as the best possible solution to the problems we are facing as a country, it’s time we effect proposals with an industrial perspective.

“We need to appreciate that in Zimbabwe, much of our time was spent on trying academically-oriented interventions that continue to fail.

“Viridi Solution (Pvt) Ltd is driven by seasoned engineers, and well-equipped professionals in accountanting, legal, and business administratoion who are convinced that Zimbabwe needs a homegrown solution, and to that effect, we will be able to contribute to the improvement of our energy sector,” said Moyo.

Zimbabwe is the second country on the African continent after South Africa, to start manufacturing ester oil or vegetable-based lubricants that includes engine oil.