CZI gears for congress

Pindai Dube



CONFEDERATION of Zimbabwe Industries national executive board member, Ted Schultz, says preparations for the CZI congress to be held in Bulawayo next month a

re at an advanced stage.


Schultz told businessdigest that the theme for the two-day congress running from July 26 to 28 at the Bulawayo Rainbow Hotel is “Building a framework for sustainable economic recovery”.


He said the theme is appropriate given the economic challenges the country is undergoing.


Last year’s theme was “Paradigm shift required to transform Zimbabwe’s economic fortunes”.


“CZI strongly believes that Zimbabwe has all necessary ingredients for economic prosperity and through this congress we would like to present a platform for open, frank and constructive debate of all stakeholders on issues afflicting our nation and the way forward,” said Schultz.


“As CZI, we believe that despite several factors hindering progress towards economic recovery, businesses and all other stakeholders have a responsibility to join in efforts to restore our country on the recovery path.


“The thematic areas of discussions will focus on price distortions, toll manufacturing, value addition and import substitution, energy security, consistent and investor friendly monetary and fiscal policy frameworks, ways of improving agriculture.”


Schultz said they had invited local and international speakers for the annual congress that will be held in Matabeleland after a couple of years.


He encouraged business executives, government officials, foreign diplomats and various stakeholders to attend the congress which he said was important for economic revival.


Meanwhile, Schultz said they had struck an agreement with commercial banks and the Zimbabwe Revenue Authority to install automated teller machines at the country’s entry points for travellers’ convenience.


At the same time, he said the government is working on speeding up the production of business passports after they approached the Registrar-General’s Office.


Reports say the RG’s office is failing to process passports in time due to the unavailability of foreign currency to purchase material used in their production.