Strategy for Indigenisation of the Economy

Economic indigenisation is a nation-building programme that requires the unreserved support from all sectors of the society. Resources in the public sector, the private sector and the community at large should be mobilized and channelled towards the achievement of the policy objectives set out above. The main component parts of the strategy for indigenisation of the economy are as follows;

1. Land Redistribution, The highest form of Empowerment

The Land Reform Programme, which has just been concluded, has provided indigenous Zimbabweans with productive and adequate land and broadened the ownership of this productive asset. Access to agricultural land, rural economic infrastructure (roads, communications, water for irrigation and market facilities) including credit facilities, as well as security of tenure and development of production know-how (agricultural technical skills and entrepreneurship) are key to the development of indigenous commercial agriculture.

The development of indigenous commercial agriculture is a strategy for rural development, and rural development in turn, is a strategy for employment and wealth creation as well as poverty reduction. Employment and wealth creation in rural areas will also reduce disparities in economic and social development between urban and rural areas. This will accelerate the industrialisation process in the country by providing the manufacturing industry with an expanded domestic market for manufactured goods.

2. Functions of The Department