logo
Mnangagwa outlines Zimbabwe's path to becoming an economic powerhouse at the Liberation Movement Summit

Mnangagwa outlines Zimbabwe's path to becoming an economic powerhouse at the Liberation Movement Summit

The Star4 days ago
Zimbabwean President Emmerson Mnangagwa has laid out a sweeping economic transformation strategy aimed at empowering the country's youth, boosting rural economies, and positioning Zimbabwe as a driver of African innovation and self-reliance.
Speaking at the Liberation Movement Summit in South Africa on Sunday, Mnangagwa emphasised that Zimbabwe's development would be people-centered, inclusive, and anchored in Pan-African solidarity.
'In our case, ZANU-PF has adopted strategies to empower the youth,' Mnangagwa declared. 'We are not only issuing mining claims but also providing equipment so they can actively participate in the mining value chain.'
He revealed plans to drill boreholes in each of Zimbabwe's 35,000 villages.
This, he said, would underpin agro-based, community-managed businesses to tackle food insecurity, boost horticultural exports, and lift rural incomes.
'These initiatives are mitigating the impact of climate change and guaranteeing household food security,' he said.
Mnangagwa's remarks come at a time when Zimbabwe continues to grapple with hyperinflation, high unemployment—particularly among the youth—crippling infrastructure, and the lingering effects of prolonged international sanctions.
Yet, the president projected optimism, citing a projected 6% GDP growth this year, underpinned by 'multi-pronged policy reforms.'
Key to Zimbabwe's vision, Mnangagwa said, is a modernised education sector geared towards innovation and technological advancement.
He urged African nations to explore new financing models and deepen regional trade ties.
'Let us not shy away from looking at new financing models and partnerships. The education sector should be the bedrock of innovation and science,' he said, calling for bold policy frameworks and government procurement quotas to support youth-led startups.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

G20 South Africa 2025: A Defining Moment for the Nation and the Continent
G20 South Africa 2025: A Defining Moment for the Nation and the Continent

eNCA

time2 hours ago

  • eNCA

G20 South Africa 2025: A Defining Moment for the Nation and the Continent

South Africa is preparing to welcome the world in 2025 as it assumes (South Africa assumed the G20 Presidency from December 1, 2024, to November 2025) the presidency and hosts the G20 Summit in Johannesburg, a moment of national pride and continental significance. This milestone places South Africa, and by extension Africa, at the centre of global dialogue on economic growth, sustainable development, climate resilience, digital transformation, and multilateral cooperation. In the words of South African Deputy President Paul Mashatile, South Africa's goal is to promote mutually beneficial economic growth, create jobs and advance sustainable development for its partner nations. The Group of Twenty, commonly known as the G20, is the world's premier forum for economic cooperation. Representing more than 85% of global GDP, over 75% of world trade, and two-thirds of the planet's population, the G20 convenes the most powerful economies to address pressing global challenges. As the only African founding member of the G20, South Africa's presidency could not be more timely or symbolic. At a time when the world is redefining recovery and resilience in the wake of geopolitical tensions, economic uncertainty, and climate disasters, South Africa brings a grounded, inclusive voice to the table, one that reflects the aspirations of the Global South and the urgent developmental needs of the African continent. The G20 countries' ability to respond collectively to mounting challenges facing the multilateral system will determine both the speed of global recovery and the future of sustainable development. Under the banner of 'inclusive growth for a just world,' South Africa's leadership is expected to spotlight issues such as financing for sustainable infrastructure, the global energy transition, youth employment, food security, digital inclusion, and equitable access to global markets. These are not only global concerns, but they are also everyday realities for millions across Africa. The Summit will attract heads of state, finance ministers, central bank governors, and global institutions like the UN, World Bank, and International Monetary Fund. Beyond political leadership, the G20 also engages civil society, youth, women, labour, business, and think tanks through structured engagement groups—offering platforms for a wider range of voices to shape global policy. Johannesburg, as host city, will become a strategic hub of diplomacy, business exchange, and cultural showcase. While the summit itself is a high-level, closed-door affair, South Africans can expect a wave of public engagement, community-driven programmes, investment conversations, and national pride as the event draws near. 'The G20 presidency is a powerful opportunity for South Africa to place Africa's priorities at the heart of global decision-making. We are committed to driving an inclusive agenda that ensures no country, and no person, is left behind.' – President Cyril Ramaphosa. For the South African government, this is more than ceremonial. It is an opportunity for G20 members to transform commitments into lasting action. Key issues remain a challenge in the country and the continent, and there is a call for greater accountability to drive tangible progress in the global pursuit of gender equality SA's G20 presidency is also an opportunity to elevate African perspectives, strengthen international alliances, and advSouth Africa is preparing to welcome the world in 2025 as it assumes (South Africa assumed the G20 Presidency from December 1, 2024, to November 2025) the presidency and hosts the G20 Summit in Johannesburg, a moment of national pride and continental significance. This milestone places South Africa, and by extension Africa, at the centre of global dialogue on economic growth, sustainable development, climate resilience, digital transformation, and multilateral cooperation. In the words of South African Deputy President Paul Mashatile, South Africa's goal is to promote mutually beneficial economic growth, create jobs and advance sustainable development for its partner nations. The Group of Twenty, commonly known as the G20, is the world's premier forum for economic cooperation. Representing more than 85% of global GDP, over 75% of world trade, and two-thirds of the planet's population, the G20 convenes the most powerful economies to address pressing global challenges. As the only African founding member of the G20, South Africa's presidency could not be more timely or symbolic. At a time when the world is redefining recovery and resilience in the wake of geopolitical tensions, economic uncertainty, and climate disasters, South Africa brings a grounded, inclusive voice to the table, one that reflects the aspirations of the Global South and the urgent developmental needs of the African continent. The G20 countries' ability to respond collectively to mounting challenges facing the multilateral system will determine both the speed of global recovery and the future of sustainable development. Under the banner of 'inclusive growth for a just world,' South Africa's leadership is expected to spotlight issues such as financing for sustainable infrastructure, the global energy transition, youth employment, food security, digital inclusion, and equitable access to global markets. These are not only global concerns, but they are also everyday realities for millions across Africa. The Summit will attract heads of state, finance ministers, central bank governors, and global institutions like the UN, World Bank, and International Monetary Fund. Beyond political leadership, the G20 also engages civil society, youth, women, labour, business, and think tanks through structured engagement groups—offering platforms for a wider range of voices to shape global policy. Johannesburg, as host city, will become a strategic hub of diplomacy, business exchange, and cultural showcase. While the summit itself is a high-level, closed-door affair, South Africans can expect a wave of public engagement, community-driven programmes, investment conversations, and national pride as the event draws near. 'The G20 presidency is a powerful opportunity for South Africa to place Africa's priorities at the heart of global decision-making. We are committed to driving an inclusive agenda that ensures no country, and no person, is left behind.' – President Cyril Ramaphosa. For the South African government, this is more than ceremonial. It is an opportunity for G20 members to transform commitments into lasting action. Key issues remain a challenge in the country and the continent, and there is a call for greater accountability to drive tangible progress in the global pursuit of gender equality SA's G20 presidency is also an opportunity to elevate African perspectives, strengthen international alliances, and advance sustainable development goals. It is a chance to reinforce South Africa's commitment to multilateralism and global cooperation at a time when unity is more important than ever. As preparations intensify in the coming months, all eyes will be on South Africa not just as a host, but as a bridge between developed and developing economies. The 2025 G20 Summit is more than just a gathering of nations. It is a moment for South Africa to lead with purpose, to shape global consensus, and to drive transformation that begins on the continent but resonates across the globe. Stay updated by visiting or follow #G20SouthAfrica2025 for news, opportunities, and ways to engage. ance sustainable development goals. It is a chance to reinforce South Africa's commitment to multilateralism and global cooperation at a time when unity is more important than ever. As preparations intensify in the coming months, all eyes will be on South Africa not just as a host, but as a bridge between developed and developing economies. The 2025 G20 Summit is more than just a gathering of nations. It is a moment for South Africa to lead with purpose, to shape global consensus, and to drive transformation that begins on the continent but resonates across the globe.

Geraldine Lerena on pioneering the future of South African boxing
Geraldine Lerena on pioneering the future of South African boxing

IOL News

time2 hours ago

  • IOL News

Geraldine Lerena on pioneering the future of South African boxing

Seen here (l-r): Kevin and Geraldine Lerena, and Chief Operations Officer (COO) of Boxing South Africa (BSA) is Mandla Ntlanganiso. Picture: Alexius van der Westhuizen Image: Alexius van der Westhuizen As co-founder and chief executive of Aquila Boxing Promotions, Geraldine Lerena is one of the pioneering female promoters in South African boxing, and for her it's all about growing the sport in the country. Together with her husband and WBC bridgerweight champion Kevin Lerena, Geraldine founded Aquila Boxing Promotions (ABP). ABP says in its mission statement: 'Aquila combines grassroots development with high-calibre professional showcases, giving fighters a platform to rise and fans a reason to rally. 'With a growing reputation for quality matchmaking and production, Aquila is shaping the future of African boxing — one fight at a time.' Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading Geraldine's Impact on Shaping the Sport: Providing a Platform for Young Fighters and Promoting Female Bouts For Geraldine, the opportunity to give back to the sport that has given her family so much is fulfilling. 'It's incredibly exciting what we're able to do. I just feel extremely privileged to be able to provide a platform for young fighters to showcase their talents and to build their records and just to show us what they can do. So I think it's a really exciting time,' Geraldine told IOL Sports in an exclusive interview. In ABP's most recent event last week, a rare female bout was included on the fight card. Ensuring the fight between Keabetso Mathane and Abigail Gabonewe happened was an example of how Geraldine is helping shape the sport in the country. 'It's really, really great. It's obviously difficult to put female fights on just because the divisions are really, really thin. So to be able to put a fight on for Women's Month is really, really great.' Geraldine's Support and Kevin's Journey as ABP Ambassador As for Geraldine's support of 33-year-old Kevin, who has now fought 35 times in his career, it's been a whirlwind journey. 'It's amazing. He's such a terrific fighter and just such a role model to so many. I'm just always so proud of him.' With Kevin working as the ambassador for ABP since the company was founded in November last year, it's given the dynamic duo a chance to experience a new challenge. 'It's really rewarding. I mean, he's just so hard-working, so to be able to work with him alongside him is really fantastic,' said Geraldine. 'It's really great. Just to be able to listen to all the fighters, how grateful they are that we are able to provide a platform, is just really rewarding.' @Michael_Sherman IOL Sport

Justice must prevail in the horror case
Justice must prevail in the horror case

IOL News

time3 hours ago

  • IOL News

Justice must prevail in the horror case

The intent of this editorial is not to reopen old wounds, but rather to serve as a crucial reminder to all South Africans to uphold and respect the constitution, which champions human dignity and the sanctity of life. Image: File We are deeply concerned by the horrific events currently unfolding at the Limpopo High Court, where three individuals are facing murder charges. The details surrounding the alleged deaths of Maria Makgato, 45, and Lucia Ndlovu, 34, who were reportedly shot and then fed to pigs last August on a farm near Polokwane, are profoundly disturbing and have garnered international attention. Reportedly, the victims visited the farm to scavenge soon-to-expire food, often destined for pigs The stories of brutality during the apartheid era, though not identical, resonate with such disturbing cases, including the one dating back to 2007, where a South African farmer was jailed for 20 years for killing Zimbabwean farm worker Jealous Dube, whom he claimed he had mistaken for a baboon. The intent of this editorial is not to reopen old wounds, but rather to serve as a crucial reminder to all South Africans to uphold and respect the constitution, which champions human dignity and the sanctity of life. We extend our sincerest condolences to the families of the deceased during this incredibly challenging time, and we hope they find healing and closure. It is imperative that all citizens, regardless of background, unite in condemning such acts of violence that threaten to divide our society. We are confident that the court will handle the allegations appropriately and ensure that justice is served and perceived to be served.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store