Some firms better off dead: Bimha

Industry Minister Mike Bimha said some companies that closed down at the height of the country's economic meltdown might not be resuscitated. He said they were dead and are no longer appropriate.

This comes as Zimbabwe has suffered large scale de-industrialization since the early 2000S, condemning the bulk of the population to a grinding subsistence life as communal and resettlement farmers.

Economic experts said the manufacturing sector has failed to fully from the economic meltdown characterised by hyper inflation, which forced the government to ditch the local currency in favour of the multiple foreign currencies in 2009.