ED delivers 60 000 jobs to date

by Sunday News Online | Sunday, Jul 1, 2018 | 3653 views
President Emmerson Mnangagwa

President Emmerson Mnangagwa

Tanyaradzwa Kutaura, Harare Bureau
Zimbabwe’s employment level has firmed over the last six months with more than 60 000 jobs created in various sectors, as the economy continues to stabilise under President Emmerson Mnangagwa’s administration.

Our Harare Bureau has accessed statistics from the National Social Security Authority, collated through P3 forms submitted by new employees, showing that 62 689 jobs were created between January and June 2018. Nssa data also shows that 1 730 new companies have been registered this year.

The Confederation of Zimbabwe Industries described the statistics as “impressive”, and added that capacity utilisation had breached 50 percent this year for the first time in seven years.

According to the Zimbabwe National Statistics Agency (Zimstat), an employee is anyone who works for a public or private employer for more than 30 hours per week. Zimstat defines an employer is any individual are entity that employs a worker for more than 30 hours per week.

In emailed responses to questions from our Harare Bureau last week, Nssa marketing and communications executive Mr Tendai Mutseyekwa said: “The number of employees registered from January 2018 to date (is) 62 689 (and) the number of employers registered from January to date (is) 1 730.”

Nssa experienced a slump in pension contributions in the past two decades owing to job losses attributable to poor economic performance and repressed investor confidence. Employer contributions fell 42 percent between January and September last year, 48 percent in 2016, and 52 percent the previous year. But since late 2017 when President Mnangagwa assumed office, there has been a turnaround.

CZI president Mr Sifelani Jabangwe said the job creation figures were “impressive”, and also revealed that industry capacity utilisation levels 50 percent for the first time since 2011 in the first six months of 2018.

“The main thing is that the industry is now operating at above 50 percent and this is positive because since 2011, industry has been operating below 50 percent,” he said.

Mr Jabangwe continued: “There is a challenge of accessing foreign currency, but (most companies) are now a going concern and are doing well. A lot of companies have been selling whatever they are producing; there has been significant uptake in terms of consumption and I think this has to do with the supportive measures put in place by the Government for the consumption of local products.

“Another positive aspect is the issuing of $100 million to Zimbabwe by the British government, and recently we met with the AfDB (African Development Bank) which wants to extend financial assistance to the private sector, to our companies. We believe that this has been very positive and continues to stir the economy in a positive direction.”

In the past seven months, Zimbabwe has attracted huge investments that have seen President Mnangagwa commissioning a $30 million Pepsi Varun Beverages plant, the $3,5 million Splash Paints and Plastic plant, the $40 million Willowtown Group’s Refiners plant.

Last week, the Head of State and Government officiated at a ground-breaking ceremony for the $1 billion Hwange Power Station Expansion Project; while various other investments in industry, mining, agriculture, infrastructure and housing are at advanced stages of finalisation and/ or implementation.

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  • Luke

    campaigning for ED is part of your brief as state media. The opposition doesn’t have this privilege, can we then say the playing field is level? not at all. count the number of articles in this paper that has positive things about opposition it’s dololo

    • Takesure Zvazviri

      You also help to campaign for the opposition by commenting on the good things which they have done, if they spent most their time fighting for party`s name and logo then the media will publish what is on the ground.

      • zibulo

        you also seem to be everywhere where there is ZANU praise-singing. Do you agree that chronicle sings ZANU praises, and is it right , as a tax funded and govt paper. Government is not ZANU , are you happy at what we have gone through in the last 37 years such that you hate opposition parties. We fought for multi party politics, and rights for you and me. what happens in ZANU and MDC happens in all parties, its normal, what we should worry about is Government , which you seem to support. Your support no problem , but your tendency of rubbishing the more than 45 per cent who go with MDC is not right. they have rights to be there, you dont know what Human Rights and Freedom Mean. They are not as defined by ZANU but as defined by the Constitution

        • Takesure Zvazviri

          I think all the evil activities which have been committed by the G40 are now used against ED for example POSA and AIPPA which were really oppressed ( reference to your comment on Human Rights and Freedom). Am not supporting ZANU PF but am only appreciating some of the changes done by ED like changing of policies eg. the indigenous policy and trying to reengage with the international community right now we are in good books with the UK.

      • Sankara

        You are correct our media society is divided into 2. Thy all belong to a certain party

      • Luke

        state media is for everyone and must be apolitical just like our traditional leaders. In Zimbabwe this doesn’t happen. This is a cooked article, made up to campaign for a party that has been in power for 38 years whose record is violence and collapsed economy. we definitely deserve better. ED wiĺl never bring back our loved ones he killed and our jobs. He supported and worked for a corrupt regime. Surprisingly he is only realising now that Mugabe’s regime was bad. When people spoke they labelled as enemies of the state and puppets of the west. I don’t buy this cheap politics. sorry. we suffered under Zanu pf it’s enough

        • Takesure Zvazviri

          I fully agree with you we suffered for those 37 yrs but do you think that ED were allowed to make decisions, Mugabe was enjoying executive powers alone. If anyone disagree with him he or she was labelled all sorts of names maybe that was the reason why Mujuru and Mnangagwa was fired. The fact that ED had changed some of Mugabe policies and is trying to reengage with UK, USA, the western community in general shows that he is different from Mugabe and we can not lay Mugabe`s faults on him.

  • Major Musango

    Bullshit!

  • murenga

    Weldone baba it shows how a competetive leader u are.. #2018edpfee

  • Django

    We apprecuate your good work but work more harder till you create a jobless society

  • Flame

    Halala to poverty eradication zvinokudzwa izvi

  • Chamisa chete chete

    Pamberi neZANU-PF✊✊✊
    PASI NACHAMISA

  • Dzimbabwe

    Who ever will be the president let him kno that the presidential seat is hot till all our problems dissapeared

  • April taffie

    Wotonzwa umwe achida kuvhotera munhu asina kana effort yaanounza kut nyika yedu ibudirire munhu asinga afforde stage hahahah

  • Kokerai chisvo

    Thank u this shows how effective the new dispensation is maivepi baba mnangagwa nguva yese iyi we cnt wait fr u to lead us

  • Blade

    Thank you cde President.. Keep up the good job

  • Tinokunda

    Zvinodadisa izvi, rambai makadaro mukuru wangu

  • White

    It wld be nice if you also make them available for those who are not qualified to work in offices , Ma form 4

  • Dombo

    Hezvo uko, mabasa takupai ,rimwe fut muchiti hakuna mabasa

  • Kamba

    I want to believe this is just he begining… Ths shldnt end here tirikuda kut it’s 100%

  • Cde bae

    One president anodadisa.. .walking e talk. .go ed go

  • gee

    this is not true