Business / Economy
Chinamasa clueless on industries revival
08 Sep 2014 at 07:45hrs | Views
Finance minister Patrick Chinamasa has revealed he is clueless on how to bring life to ailing Bulawayo industries having discovered that there is absolutely nothing remaining of what used to be an industrial hub of the country.
Unbundling the country's economic blueprint, Zimbabwe Agenda for Sustainable Socio-Economic Transformation ZimAsset to provincial coordinating committee members and the national consultative assembly members at Elangeni Training Centre in Bulawayo yesterday, Chinamasa said the city's problems might be far from over as they needed a total overhaul.
The bulk of Bulawayo's industries have shut down or relocated to other towns citing high operational costs, availability of water and general economic meltdown as reasons, sending locals into unemployment and poverty.
Source - Zim Mail