HEALTH experts have said the recent introduction of Zimbabwe Gold (ZiG) will boost the pharmaceutical manufacturing industry as the preferred use of foreign currency hindered the growth of the sector.
Speaking to the Daily News yesterday, the Zimbabwe Pharmaceuticals head of operations, Donald Mabhiza, said they were now focused on the regrowth of the sector. “We were very happy with the introduction of a stable currency.
As you know, not much local manufacturing of medicines grows when the economy is based on foreign currency because that currency then tends to attract products from outside the country.