CZI congress be­gins

Chronicle (Zimbabwe) - - Business Chronicle - Busi­ness Re­porter

THE 2016 Con­fed­er­a­tion of Zim­babwe In­dus­tries (CZI) congress kicks off in Bu­l­awayo to­day with key speak­ers in­clud­ing for­mer In­dus­try and In­ter­na­tional Trade Min­is­ter Dr Nkosana Moyo lined up for the event.

Dr Moyo, who is founder and ex­ec­u­tive chair­per­son of The Man­dela In­sti­tute for De­vel­op­ment Stud­ies in South Africa, will join cur­rent In­dus­try and Com­merce Min­is­ter Mike Bimha and Mr Nu­radin Os­man, the manag­ing di­rec­tor for Africa and the Mid­dle East for AGCO Cor­po­ra­tion (Massey Fer­gu­son) as top pre­sen­ters.

As Zim­babwe grap­ples with in­dus­try vi­a­bil­ity con­straints which have seen ca­pac­ity util­i­sa­tion re­main­ing stag­nant at around 34 per­cent, del­e­gates are ex­pected to ex­am­ine is­sues around fi­nan­cial sup­port, ad­dress­ing cost competitiveness and ex­port per­for­mance, or­gan­is­ers say.

Dr Moyo is ex­pected to share his ex­per­tise with local in­dus­try ex­ec­u­tives hav­ing served in se­nior po­si­tions at the In­ter­na­tional Fi­nance Cor­po­ra­tion of the World Bank Group, Ac­tis LLP — a Bri­tish Pri­vate Eq­uity Firm and the African De­vel­op­ment Bank.

He is cur­rently a non-ex­ec­u­tive di­rec­tor on the boards of Old Mu­tual PLC and Im­pala Plat­inum.

AGCO is the world’s third largest farm equip­ment maker. It is the man­u­fac­turer of the pop­u­lar Massey Fer­gu­son trac­tors and of­fers a wide range of trac­tors, com­bine har­vesters and sprayers, for­age and tillage equip­ment.

Since 2011, Mr Os­man has been lead­ing sales and mar­ket­ing for the African and Mid­dle Eastern mar­ket. In 2013 he was recog­nised for his lead­er­ship talent and awarded the Tutu and Ox­ford Univer­sity Fel­low­ship Award to a Young African leader.

Mr Bu­sisa Moyo, a renowned in­dus­tri­al­ist and chief ex­ec­u­tive of­fi­cer of the Bu­l­awayo-based agro-pro­ces­sor, United Re­finer­ies Lim­ited, is the pres­i­dent of CZI.

The three-day congress runs un­der the theme “Strength­en­ing Value Chains for Sus­tain­able In­dus­tri­al­i­sa­tion and Eco­nomic De­vel­op­ment” and ends on Fri­day.

Other key top­ics for dis­cus­sion in­clude mech­a­ni­sa­tion as a cat­a­lyst for sus­tain­able growth, value chains as a strat­egy for rein­dus­tri­al­i­sa­tion and value chain fi­nanc­ing as a strat­egy for in­dus­tri­al­i­sa­tion.

Dr Nkosana Moyo

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