Zimbabwe lags in value-addition

Douglas Runyowa

LOCAL companies are losing out on lucra­tive value-addition opportunities in the ex­tractive sector to foreign investors despite government efforts to promote indigenous partici­pation, the chief director in the ministry of Indus­try, Douglas Runyowa, has said. This comes amid concerns that foreign inves­tors continue to dominate strategic sectors such as cement production, lithium mining and man­ufacturing.…

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