In his speech, Mnangagwa highlighted the political, social and economic agendas his government will push for, including boosting exports, fighting corruption and tackling liquidity challenges the country currently experienced.
The new president said his new government would ensure national elections scheduled for 2018 will go ahead as planned.
He also said Zimbabwe's land reform program will not be reversed, adding that his government is committed to compensating white farmers whose land was taken for redistribution to black Zimbabwean farmers.
Moreover, Zimbabwe, Mnangagwa said, welcomes gainful partnerships with international investors in order to revive the economy.
"The bottom line is an economy which is back on its feet. Only that way can we recover our economy, create jobs and reduce poverty."
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