Leather sector poised for growth
Cabinet has approved the Zimbabwe Leather Sector Strategy (2021 – 2030) which seeks to increase overall competitiveness of the leather value chain and enhance access to both local and export markets for the finished products.
The development was announced during the 41st post cabinet briefing on Tuesday.
“The strategy, which is a successor to the Leather Sector Strategy (2012-2017) seeks to increase the overall competitiveness of the leather value chain in Zimbabwe and enhance access to both local and export markets for the finished products,” the Minister of Industry and Commerce, Dr Sekai Nzenza, said.
“The strategy will prioritise increased investments in industry, with emphasis on value addition and beneficiation of agricultural produce to promote export-led industrialisation as well as increase employment opportunities.”
Minister Nzenza noted that the objectives of the strategy are to increase capacity utilisation of value-added products from 30% to 75% by the end of 2030.
Dr Nzenza noted that the strategies to be employed to achieve the set objectives include the capacitation of the livestock farmers, introduction of new technologies and promotion of product and market development by value chain players.
“We will maximise on advocacy programmes on introduction of supportive policies. The strategy also seeks to promote the rural industrialisation drive and the devolution agenda since it will be implemented through devolved structures to reach and empower the local communities,” she said.