Govt, pri­vate sec­tor find common ground

Chronicle (Zimbabwe) - - Front Page - Busi­ness Re­porter

GOVERNMENT and the pri­vate sec­tor have found common ground to­wards trans­form­ing the coun­try’s econ­omy and go­ing for­ward the two par­ties have re­solved to speak with one voice on mat­ters of busi­ness.

In a state­ment is­sued after Mon­day’s can­did en­gage­ment be­tween Pres­i­dent Em­mer­son Mnan­gagwa and busi­ness lead­ers at State House in Harare, the Min­istry of In­for­ma­tion, Pub­lic­ity and Broad­cast­ing Ser­vices said the high-level dia­logue yielded pos­i­tive results for eco­nomic progress.

“There was a lot of lis­ten­ing hap­pen­ing to­day (Mon­day) as speaker after speaker gave their views on the state of our econ­omy, the causes and the way for­ward,” said the min­istry.

“The thread­ing link be­tween all speak­ers was that: de­spite cur­rent chal­lenges, Zim­babwe’s econ­omy was ex­pand­ing, and there­fore there is a higher de­mand for for­eign cur­rency.

“That mes­sages from Government must be in sync and con­sis­tent, that Government needs to con­trol its fis­cal ex­pen­di­ture as a mat­ter of pri­or­ity in or­der to re­duce fis­cal im­bal­ances. The meeting agreed that both Government and the pri­vate sec­tor should find each other and speak with one voice.”

The min­istry said the gath­er­ing noted that there were many projects cur­rently in progress in Zim­babwe, which needed to be given visibility and en­cour­aged Zim­bab­weans to pull in one di­rec­tion to foster de­vel­op­ment.

Dur­ing the en­gage­ment, there were also pre­sen­ta­tions made by some in the ser­vice in­dus­try over the need to mod­ernise the coun­try’s tax­a­tion laws.

The del­e­gates also noted the ben­e­fits of Com­mand Agri­cul­ture, a spe­cialised im­port sub­sti­tu­tion farm­ing pro­gramme driven by the pri­vate sec­tor.

“The Pres­i­dent also said the days when Government made decisions with­out con­sult­ing were be­hind us. The Pres­i­dent en­cour­aged ev­ery­one say­ing we can­not run away from our chal­lenges as a na­tion, we will re­struc­ture, re­form and build our econ­omy,” said the min­istry.

This is in keep­ing with His Ex­cel­lency’s phi­los­o­phy of “ser­vant lead­er­ship”, which is a lead­er­ship that cus­toms, en­gages and is re­spon­sive.

Mean­while, the min­istry said Government has put in place mea­sures meant to al­le­vi­ate com­mod­ity short­ages in the mar­ket as the coun­try gears for the start of the fes­tive season. The ini­tia­tives, which in­clude the open­ing up of bor­ders for im­por­ta­tion of ba­sic com­modi­ties, come on the back of re­cent un­jus­ti­fied price in­creases, panic buy­ing and hoard­ing that was fu­elled by ob­scene par­al­lel mar­ket ex­change rates.

“We can as­sure the na­tion that Government is seized with and im­ple­ment­ing solid plans to en­sure that the in­creased de­mand for forex will be met,” it said.

The break­fast en­gage­ment was at­tended by bankers, cap­tains of in­dus­try, as well as con­sumers’ rep­re­sen­ta­tives.

Among th­ese were lead­ers from the Con­fed­er­a­tion of Zim­babwe In­dus­tries (ZCI), the Zim­babwe Na­tional Cham­ber of Com­merce (ZNCC), the Bankers As­so­ci­a­tion of Zim­babwe (BAZ), Con­sumer Coun­cil of Zim­babwe (CCZ), Grain Millers As­so­ci­a­tion of Zim­babwe (GMAZ), Busi­ness Ex­cel­lence of Zim­babwe, min­ers as­so­ci­a­tions and sev­eral stake­hold­ers in the econ­omy.

Also See Com­ment on Page 4

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