Bimha Tours Yadah Marble

Industry, Commerce and Enterprise Development Minister Dr Mike Bimha yesterday toured Yadah Marble cutting and polishing factory in Southerton, Harare to have an appreciation of the project which will be officially opened tomorrow.

The $18 million investment will be the first marble cutting and polishing factory in Zimbabwe.

In an interview with The Herald after the tour, Minister Bimha said he was impressed by what he saw at the factory.

He applauded Yadah Marble’s initiative, saying value addition and beneficiation is the core of industrialisation.

“Value addition will create employment in terms of processing that takes place at the factory and in mining which is the first stage in processing.

“We have a number of structures lying idle, industries which have closed or emigrated, and now we have locals that are buying those buildings, renovating and equipping them to make progress. This is development in a number of areas and I am very impressed,” Min Bimha said.

He encouraged local businesses to generate foreign currency which would benefit other companies that do not export but require imports in order to produce products needed in Zimbabwe.

“We can only enjoy the forex that we need if we create it. The people complaining to me that they are not getting forex from RBZ should remember that the central bank is just more of a custodian of that forex, which is created by our manufacturers,” he added.

He also urged Zimbabweans to invest more back home to help grow the economy.

“When we talk about building or growing the economy, it’s not just one person, it’s all of us in our different endeavours. It could be churches, co-operative or whatever form the organisation takes. At the end of the day, Zimbabweans are taking the opportunity to grow their own economy.

“A few days ago, I was in Botswana where I had accompanied President Mnangangwa during his State visit. We had an opportunity to engage with Zimbabweans in the diaspora who came in their numbers. One message that came from them was that they want to come and invest back home. “Hearing such news of what we have seen here will encourage them to do more. If we get five or six investments of this nature, it will have big impact in terms of employment creation and growing our economy,” said Min Bimha.

Industry, Commerce and Enterprise Development Minister Dr Mike Bimha yesterday toured Yadah Marble cutting and polishing factory in Southerton, Harare to have an appreciation of the project which will be officially opened tomorrow.

The $18 million investment will be the first marble cutting and polishing factory in Zimbabwe.

In an interview with The Herald after the tour, Minister Bimha said he was impressed by what he saw at the factory.

He applauded Yadah Marble’s initiative, saying value addition and beneficiation is the core of industrialisation.

“Value addition will create employment in terms of processing that takes place at the factory and in mining which is the first stage in processing.

“We have a number of structures lying idle, industries which have closed or emigrated, and now we have locals that are buying those buildings, renovating and equipping them to make progress. This is development in a number of areas and I am very impressed,” Min Bimha said.

He encouraged local businesses to generate foreign currency which would benefit other companies that do not export but require imports in order to produce products needed in Zimbabwe.

“We can only enjoy the forex that we need if we create it. The people complaining to me that they are not getting forex from RBZ should remember that the central bank is just more of a custodian of that forex, which is created by our manufacturers,” he added.

He also urged Zimbabweans to invest more back home to help grow the economy.

“When we talk about building or growing the economy, it’s not just one person, it’s all of us in our different endeavours. It could be churches, co-operative or whatever form the organisation takes. At the end of the day, Zimbabweans are taking the opportunity to grow their own economy.

“A few days ago, I was in Botswana where I had accompanied President Mnangangwa during his State visit. We had an opportunity to engage with Zimbabweans in the diaspora who came in their numbers. One message that came from them was that they want to come and invest back home. “Hearing such news of what we have seen here will encourage them to do more. If we get five or six investments of this nature, it will have big impact in terms of employment creation and growing our economy,” said Min Bimha.

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