Tourism is vital for Zimbabwe’s economic growth

Published on : Friday, August 18, 2017

Zimbabwe tourismGovernment, global lenders, local and international financial institutions and economic commentators has presented various numbers and rates at which Zimbabwe is expected to grow. All predictions reflect positive growth. However, real growth will not come by wishful thinking or expression of positive results sentiment, but by real sweat and adopting sound strategies. All sectors of the economy need to give their very best.

 
The tourism sector of Zimbabwe has great potential to surpass even agriculture and mining and become the largest foreign currency earner for Zimbabwe. The Zimbabwe Tourism Authority pitched to stakeholders that tourism is a great driver of economy.

 

Although development has been made in terms of infrastructure and other areas, the sector is yet to realize its full potential.

 
As per latest statistics, last year tourism registered a 4% growth with 2.1 million tourists visiting Zimbabwe, bringing $890 million to the economy. This represents around 25% of the national budget. The tourism sector is expected to attain higher growth and arrivals are expected to increase to 2.2 million this year and contribute about 11% to the GDP.

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