{"id":3105,"date":"2019-02-04T13:01:23","date_gmt":"2019-02-04T13:01:23","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=3105"},"modified":"2019-02-04T13:01:23","modified_gmt":"2019-02-04T13:01:23","slug":"zimbabwe-economy-time-for-efficiency-by-professor-mthuli-ncube","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/zimbabwe-economy-time-for-efficiency-by-professor-mthuli-ncube","title":{"rendered":"Zimbabwe Economy &#8211; Time for Efficiency By Professor Mthuli Ncube"},"content":{"rendered":"<p class=\"story-body-text\" data-para-word-count=\"20\">The flamboyant Victorian British Prime Minister, Benjamin Disraeli, once noted that; &#8220;There can be economy, only where there is efficiency&#8221;.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"40\">Zimbabwe&#8217;s economy has been full of inefficiencies for far too long. Waste in the economy, has led to want amongst the people. Our people deserve better. And as the Minister of Finance, I have a duty to set things right.<\/p>\n<div class=\"google-auto-placed ap_container\">\n<p class=\"story-body-text\" data-para-word-count=\"36\">The Government&#8217;s Transitional Stabilisation Programme is at the heart of our reform programme. It outlines the State Enterprise Reform initiative as one of the most important areas to ensure sustainable economic growth and improved service delivery.<\/p>\n<p data-para-word-count=\"36\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-1248\" src=\"https:\/\/www.africa-press.com\/zimbabwe\/wp-content\/uploads\/sites\/14\/2019\/01\/Mthuli-Ncube-2-300x206.jpg\" alt=\"\" width=\"300\" height=\"206\" srcset=\"https:\/\/static.africa-press.net\/upload\/sites\/14\/2019\/01\/Mthuli-Ncube-2-300x206.jpg 300w, https:\/\/static.africa-press.net\/upload\/sites\/14\/2019\/01\/Mthuli-Ncube-2-768x528.jpg 768w, https:\/\/static.africa-press.net\/upload\/sites\/14\/2019\/01\/Mthuli-Ncube-2-100x70.jpg 100w, https:\/\/static.africa-press.net\/upload\/sites\/14\/2019\/01\/Mthuli-Ncube-2-218x150.jpg 218w, https:\/\/static.africa-press.net\/upload\/sites\/14\/2019\/01\/Mthuli-Ncube-2.jpg 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"38\">At the core of this restructuring initiative is what to do with our under-performing parastatals? On the one hand, we believe that our natural resources and large industries are Zimbabwean, and must remain in the hands of Zimbabweans.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"34\">Yet on the other hand, with the bureaucracies and inefficiencies of Government, including our own, the experience and qualifications of private sector investors and managers, would guarantee significant improvements in both production and profits.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"23\">It is no wonder, former United States president Harry Truman once quipped that he would like someone to find him a one-handed economist!<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"60\">However, economists all agree, that by making these State-run industries efficient, all Zimbabweans will profit. We will take the astronomical burden and their associated costs off the shoulders of Government. And with costs cut, these moves will increase revenues from both the sale of the companies themselves and in the long run, the increased tax revenues from the newly-profitable ventures.<\/p>\n<div><\/div>\n<div id=\"responsive-aans-view-a-container\" class=\"outer-ad-container responsive-aans-view-a-container\">\n<div class=\"ad-container google-ad google-responsive-ad responsive-ad responsive-aans-view-ad responsive-aans-view-a\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The flamboyant Victorian British Prime Minister, Benjamin Disraeli, once noted that; &#8220;There can be economy, only where there is efficiency&#8221;. Zimbabwe&#8217;s economy has been full of inefficiencies for far too long. Waste in the economy, has led to want amongst the people. Our people deserve better. And as the Minister of Finance, I have a [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":1288,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[83,205,150],"class_list":{"0":"post-3105","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-economy","10":"tag-minister","11":"tag-ncube"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Zimbabwe Economy - Time for Efficiency By Professor Mthuli Ncube - zimbabwe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-economy-time-for-efficiency-by-professor-mthuli-ncube\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zimbabwe Economy - Time for Efficiency By Professor Mthuli Ncube\" \/>\n<meta property=\"og:description\" content=\"The flamboyant Victorian British Prime Minister, Benjamin Disraeli, once noted that; &#8220;There can be economy, only where there is efficiency&#8221;. 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