BIZ HUB
GLOOMY ECONOMIC OUTLOOK FOR 2015
By Brighton Gumbo
Z
imbabwe entered 2015 struck by
perennial problems of woeful
economy, poor service delivery
and retrenchments.
Speaking to campus moments
correspondent, Blessing Antipa, a finance
student at NUST said that the government
has failed to utilize political will power to
address the financial challenges facing the
country.
'The government officials are busy putting
all the blame of these financial woes that
the country is facing on sanctions which
were imposed on the country by the West
in early 2000s,' said Antipa.'Instead they
have to stand out and draw up policies that
can help in the national development like
coming up with a strategy of reviving the
industries in Bulawayo so that the Gross
Domestic Product(GDP) is increased.
He added that the country cannot keep on
like this, it has to quickly revise and
improve the economic policies so that it
attracts Foreign Direct Investment(FDI).
On comment majority commercial
personnel said that the year 2014 rounded
up with an unbalanced national budget,
retrenchments both in private and public
companies due to failure of meeting
financial obligations
'Zimbabwe is failing to attract inv