23 January 2018
   
Cholera: Angry minister blasts city councils
Mzembi challenges arrest; quits politics
Mudzuri: Amnesty for MDC-T cop murder 3
Mnangagwa: Grace mentally unstable
ZESA gave Chivayo $7m, not $5m: Parly
Botswana cops release Mugabe cars
Grace's luxury cars damaged in accident
Chamisa dares military chief on elections
MORE NEWS
Govt reduces excise duty on fuel
Filthy 5-Star hotels: Economy blamed
MORE BUSINESS
‘Am I African’ explores Zim's race conflict
Gafa’s Epworth concert draws thousands
MORE SHOWBIZ
Billiat might still leave: Sundowns coach
Katsande: Chiefs show championship mentality
MORE SPORTS
Mnangagwa’s ‘New’ Zim merits support
Zhuwao: kleptocracy and EDiots in Davos
MORE OPINION
 
Mnangagwa off to Davos empty handed
Economy: the need for a paradigm shift
MORE COLUMNISTS
 
 
Zimbabwe urged to copy Rwanda, Mauritius to improve country's competitiveness
18/10/2015 00:00:00
by Manicaland Correspondent
 
 
RELATED STORIES

MUTARE: The country’s competitiveness on the global market has been affected by low uptake of new technology, an expert has said.

National Economic Competitiveness Forum representative and University of Zimbabwe Business Studies department lecturer, Nyasha Kaseke, said the country was lacking in terms of innovation and efficiency indicators.

He, however, said Zimbabwe can copy from countries such as Rwanda and Mauritius whom have made notable progress even though they have fewer resources as compared to Zimbabwe.

Kaseke said these two countries have managed to leverage on the tourism industry to boost their economy which is relevant to Zimbabwe.

“These two countries have managed to leverage on tourism industry to boost their economies something relevant with Zimbabwe,” said Kaseke while recently addressing stakeholders meeting in the eastern border city.

He also cited innovation by China which he said must be adopted by countries such as Zimbabwe.

“China uses the copying innovation method and improve to make something better,” said Kaseke.

He said Zimbabwe is perceived to have inefficiencies in the goods, labour and financial market.

Said Kaseke: “The low uptake of new technology which has been caused by lack of investment in the area in recent years has compromised the country`s competitiveness.”

He said despite some challenges that have been be-devilling Zimbabwe’s productivity and competitiveness, the country has potential to improve its status given its natural resources and skilled workforce.

“The poor ranking in the World Economic Forum GCI report is mainly due to a decade of economic meltdown which has impacted negatively on the country`s business operating environment,” said Kaseke.

According to World Economic Forum GCI report 2014-2015, Zimbabwe is number 124-131 countries.

Zambia has experienced an improvement over the last couple of years and has moved from position 112 to 96.

“Although the competitiveness has been low, the country managed to improve in the macroeconomic environment and good ranking for human resources,” said Kaseke.



Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark

 
 
 
comments powered by Disqus
 
RSS NewsTicker