Harare, (New Ziana) – The Zimbabwe government is committed to continuously modernise its state enterprises and parastatals to ensure they align with the goals of the National Development Strategy 2 (NDS-2) and the broader African Agenda 2063 frameworks, a senior official said on Tuesday.
Deputy Chief Secretary in the Office of the President and Cabinet responsible for Policy Analysis, Coordination and Development Planning, Willard Manungo, said this at a validation workshop on the development of a national state enterprises and parastatals policy held in Harare.
He said the government is committed to ensuring that state enterprises and parastatals contribute meaningfully to national economic development.
The NDS 2, which is being implemented from 2026 to 2030, seeks to accelerate economic growth, stabilise the local currency, promote industrialisation, improve infrastructure, ensure food security, create jobs and strengthen governance.
Manungo said the entities play a central role in driving the institutional transformation of the country.
“State enterprises and parastatals are key entities that help to drive national economic development. As Government, we want these entities to be guided by policies with objectives focused on contributing to the country’s Gross Domestic Product (GDP). There is a need to unlock their target potential towards that goal,” he said.
He said government entities should have compliance structures as mandated by the Corporate Governance Unit (CGU) and the Public Entities Corporate Governance Act.
“To ensure and maintain accountability for each State enterprise and parastatal, there have to be frameworks that include standardizing performance contracts for public entity chairs and chief executives to minimize operational losses. Non-performing government entities must be reformed to eliminate unnecessary strains on the national fiscus,” he added.
According to guidelines discussed at the workshop, the operational integrity of state entities should be anchored on structured evaluation criteria and the elimination of conflicts of interest through the strict monitoring of asset declarations and interests among directors.
Key stakeholders from the economic, public sector and development sectors attended the validation workshop.
New Ziana
