HomeBusiness DigestZim needs C'wealth and EU, says CZI

Zim needs C’wealth and EU, says CZI

Ngoni Chanakira

THE Confederation of Zimbabwe Industries (CZI) says it is imperative that Zimbabwe do everything possible to be re-admitted into the Commonwealth as well as receive fundi

ng from the European Union (EU).

Members agreed at the associations 46th annual general meeting that re-admission would work for the betterment of business and the economy as a whole.

Zimbabwe was last year suspended from the Commonwealth for alleged election fraud by president Robert Mugabe.

The international community has regularly isolated the country for various other abuses such as press freedom, human rights, and political repression.

CZI acting chief executive officer Farai Zizhou yesterday said the leadership structures of the organisation needed to be strengthened and repositioned to help provide solutions to the country’s problems.

He said the New Partnership for Africa’s Development (Nepad) needed to be thoroughly examined so that business was able to play an active role in its progress.

“It is necessary for CZI to play a meaningful role in the implementation of a successful agrarian reform which is key to any efforts to rekindle the economy,” Zizhou said.

“Agriculture is a major consumer of manufacturing output while in turn the manufacturing sector depends heavily on processing agricultural output.”

Zizhou said the issue of black economic empowerment was a reality that must be driven by business in the interest of business, which is key to any efforts to rekindle the economy.

The issue of Black economic advancement is a reality that must be driven in the interests of the business, rather than to allow a situation of imposition.

“CZI must be proactive in the design and implementation of such a programme, taking a cue from countries such as South Africa where business is driving the empowerment process,” Zizhou said.

He said the organisation would now play a proactive and leading role in the promotion of a locally conducive political environment through the dialogue process.

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