HomeBusiness DigestZNCC president accuses business community of complacency

ZNCC president accuses business community of complacency

Kudzai Kuwaza

THE Zimbabwe National Chamber of Commerce president Oswald Binha has accused the business community  of concentrating on petty squabbles at the expense of addressing vital issues affecting them.
Speaking at the Chamber’s annual congress which began on Wednesday in Victoria Falls, Binha expressed alarm  at how complacent business had become in the face of numerous challenges affecting  them.
“ We have remained silent on the issues that are affecting us,”  he said, adding that businesspersons had become fragmented  in pursuance of individual interests that did not help their cause.
He said some in the business community were only interested in addressing issues that affected  their particular sector and ignored those problems that did not affect them.
Binha accused some of his colleagues  of profiteering, patronage  and greed in a bid to overcome  their deficiencies, mainly characterised by liquidity constraints.
He called on his colleagues to put forward concrete  policy proposals to the political leadership instead of interrogating the policies they would have come up with.
He also noted that most in business could not plan as long as the political uncertainty in the country persisted, calling it “one of the  greatest challenges  facing the economy of Zimbabwe “.
The Government of National Unity, he said, continued to be dysfunctional and there were now too many questions over it.
This uncertainty had made investors wary  about investing in the country, contributing to the critical liquidity challenges that continued to grip the market.
It was the chamber’s wish to have annual meetings with President Robert Mugabe to tell him of their concerns.
“ We want to interface with the cockpit,” he said. “I tend to think that somebody is not saying something that I would have said to him.”
Binha added that although the country had been adversely affected by sanctions, government had failed to adequately stimulate growth  with innovative strategies
“ There is too much government and less governance out there,” he said.
Binha was earlier re-elected as ZNCC president, to lead the organisation for another year.
‘ I have been reassigned again for  the second term. I’m quite scared of the challenge ahead of me . I  am ready to do my best . I await your judgement,”
The congress being held under the theme “Turning Recovery into accelerated growth towards a 100  billion dollar economy,” ends today.

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