Zimbabwe must move beyond policy to bankable projects
The Zimbabwe Investment and Development Agency (ZIDA) is pushing for the country's devolution policy to shift from theoretical frameworks to bankable, commercially viable projects. Officials emphasize that regional development depends on creating profitable ventures that attract both local and foreign capital.
Why it matters
This shift represents a strategic attempt to decentralize economic growth and improve service delivery by moving beyond government policy toward private-sector-led industrialization.
The Zimbabwe Investment and Development Agency (ZIDA) has urged stakeholders to transform Zimbabwe’s devolution agenda into bankable investment projects that can attract local and foreign capital.
Zimbabwe’s devolution policy is a constitutional and socio-economic strategy aimed at transferring powers, responsibilities and resources from the central government to provincial and local authorities to improve service delivery, deepen democratic participation and promote equitable development across the country’s provinces.
However, independent analysts argue that the policy has delivered mixed results, citing continued central government control, inadequate funding and administrative bottlenecks as major impediments to its full implementation.
As part of efforts to accelerate the programme, the government has rolled out Provincial Investment Conferences across the country to promote balanced regional development, industrialisation and job creation.
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