10% Increase In Broadband Penetration Brings 1,4% GDP Growth-Mnangagwa As He Urges Diaspora Return


Head of State and Government and Commander-in-Chief of the Zimbabwe Defence Forces, President Emmerson Dambudzo Mnangagwa has urged Zimbabwean scientists in the diaspora to return home saying a 10 percent increase in broadband is responsible for 1,4 percent Gross Domestic Product ( GDP) growth in emerging markets, including Zimbabwe.

Speaking from a statement he released, Mnangagwa said, “Research has shown that 10 percent increase in broadband penetration is associated with a 1,4 percent increase in GDP growth in emerging markets,”

“This is no small contribution of technology.

President Mnangagwa, also called on Zimbabwean scientists based in foreign lands to relocate back home.

He said his administration was putting in place an ideal living and operational environment which is accommodative to their work.

“As your President, I say come back from wherever you had gone.

“I say come forward from whatever corner to which our inhospitable attitudes and policies had consigned you.

“There is now a place in the sun for you in your homeland.”

“Transitioning to technology-driven production processes entail making Zimbabwe affordably digital.

“This is a key enabler.”

The Zimbabwean economy, he added, is “one huge laboratory and innovation hub” that requires its innovative citizens.

“We have decided on value addition and beneficiation.

“We have decided on local value chains. We have decided on technology-aided transformation of our economy.

“All these make our economy one huge laboratory and innovation hub which cry out for all our creative citizens.

“The transformation strategy should be grounded on sound deployment of Information Communication Technologies.”

ross moyo

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