ZNCC to Hold Economic Revival Congress

THE Zimbabwe National Chamber of Commerce (ZNCC) will hold its congress next month focusing on how to develop business partnerships to resuscitate the economy.


The congress, to be held under the theme, “Smart partnership for economic revival”, comes at a time when the inclusive government is trying to breathe life into an economy where industrial capacity utilisation is less than 30%.

ZNCC deputy president Trust Chikohora told businessdigest that the congress, which will be held in Bulawayo from June 24-26, will focus on how the business community can dovetail their policies to the new political dispensation in the country.

“We are talking of a new dispensation that allows stakeholders to come together and work for the betterment of the economy,” Chikohora said.

“We are talking of business partnerships we can have with the inclusive government as well as with labour and the donor community on a win-win basis,” he said.

Chikohora said the congress would also focus on building on the business manifesto launched by the ZNCC in October last year which has been distributed to various stakeholders including ministries in the new political dispensation.

Chikohora said the manifesto focuses on four key areas which are infrastructure rehabilitation and development, the need for a predictable and consistent policy framework, reducing the country’s risk factor and the identification of distinctive competencies the country has to offer.

The congress will be officially opened by deputy Prime Minister Thokozani Khupe.

Chikohora said the ZNCC had been encouraged by the outcome of their consultations with government as most of the proposals they had made in the manifesto had been adopted in both budgets presented by Finance minister Tendai Biti and then acting finance minister Patrick Chinamasa.

He said the removal of travel warnings by various countries such as Germany and Japan and the re-engagement of multilateral institutions such as the International Monetary Fund would help in reviving the business sector.

Finance minister Biti, Economic Planning and Investment Promotion minister Elton Mangoma, Institute of Chartered Accountants of Zimbabwe president Nyasha Zhou and Midlands State University vice-chancellor Ngwabi Bhebe are some of the delegates expected to attend the congress.

Meanwhile the ZNCC has signed a Memorandum of Understanding with the Botswana Confederation of Commerce, Industry and Manpower in an effort to facilitate business partnerships between the two countries.   

BY KUDZAI KUWAZA

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