News / National
Zim can be a global manufacturing centre for Lithium batteries
09 Mar 2018 at 13:28hrs | Views
Econet founder Strive Masiyiwa has said Zimbabwe has the potential to be a global manufacturing centre for the type of Lithium batteries.
"We are already using Lithium battery systems in DPA and we are partnered with some of the key players in that industry. Given our ambitions in this space for our Africa wide rollout, we would be keen to see local manufacturing in Africa itself."
"It would make a lot of sense for Zimbabwe to position itself as a manufacturer of the finished products rather than as a miner of raw materials.
"We are neither miners nor manufacturers. It's really up to government if they want to get investment in manufacturing to come up with the policies that would make it attractive to invest in large scale manufacturing," said Masiyiwa
"We are already using Lithium battery systems in DPA and we are partnered with some of the key players in that industry. Given our ambitions in this space for our Africa wide rollout, we would be keen to see local manufacturing in Africa itself."
"It would make a lot of sense for Zimbabwe to position itself as a manufacturer of the finished products rather than as a miner of raw materials.
"We are neither miners nor manufacturers. It's really up to government if they want to get investment in manufacturing to come up with the policies that would make it attractive to invest in large scale manufacturing," said Masiyiwa
Source - online
