Owen Ncube, a key ally of President Emmerson Mnangagwa, has claimed that Zimbabwe’s economy is on an “irreversible growth trajectory” despite the country’s ongoing economic crisis. Ncube, the Minister of State for Provincial Affairs and Devolution, made these comments during the Hero Burial of John Mazwienzara at the Provincial Heroes Acre in Gweru.

However, Ncube’s assertions of economic growth contradict the harsh reality faced by many Zimbabweans. The country is struggling with soaring unemployment, inflation, and poverty, leaving many citizens feeling left behind.

A Tale of Two Economies: Growth vs. Reality

While Ncube boasts of “signature modern infrastructure projects” and “heritage-based innovation,” the World Bank paints a different picture. According to their report, Zimbabwe’s economy is expected to grow at a slower rate of 2% in 2024 due to El Niño-induced droughts, lower mining prices, and macroeconomic instability ¹.

The report also highlights the country’s significant developmental challenges, including:

• Macroeconomic vulnerabilities: High public debt, limited fiscal space, and a difficult business environment.
• Poverty and inequality: Widespread poverty, with over 40% of the population experiencing food insecurity.
• Infrastructure challenges: Inadequate electricity supply, poor physical and institutional infrastructure.

Zimbabwe’s Economic Reality Check

As Ncube and the government celebrate perceived economic growth, many Zimbabweans are struggling to make ends meet. The country’s economic challenges are real, and it’s essential to acknowledge and address them.

Rather than boasting of growth, the government should focus on implementing policies that benefit all Zimbabweans, not just a select few. This includes addressing macroeconomic vulnerabilities, investing in infrastructure, and promoting private sector-led growth.

Only then can Zimbabwe truly claim to be on a path towards sustainable economic growth and development.