The Herald (Zimbabwe)

Business hails ED victory . . . producers ready to partner Govt

- Midlands Bureau Michael Magoronga Midlands Correspond­ent

THE business community in the Midlands province has congratula­ted President-elect Mnangagwa for emerging victorious in last week’s harmonised elections.

Midlands business people who spoke to The Herald said they were happy that the people of Zimbabwe chose continuity by giving President Mnangagwa the mandate to implement his policies, which they said were business friendly.

Zimbabwe Chamber of Commerce coordinato­r for the Midlands chapter, Ms Skanyisiwe Sibanda said the business community in the Midlands province will render President Mnangagwa the necessary support needed to grow the economy.

“The elections have come and gone. We congratula­te President Mnangagwa for the win. We are very happy as business that the people of Zimbabwe chose him so that he continues with his vision to grow business and grow our economy. He is a determined leader and since taking office last November, he has proven beyond any doubt that he has the clout to turn around the country’s economic fortunes. We will give the President the necessary support as the business community,” she said.

Award-winning business woman and chief executive for River Valley Properties, Dr Smelly Dube also congratula­ted President Mnangagwa saying she was confident Zimbabwe was headed for better times under his stewardshi­p.

“Since assuming office last November, President Mnangagwa has been a man on a mission. He THE manufactur­ing industry has expressed readiness to work with the incoming Government led by President-elect Mnangagwa in turning around the fortunes of the country’s economy.

Confederat­ion for Zimbabwe Industries (CZI) President Mr Sifelani Jabangwe said the manufactur­ing industry is ready to engage Government to achieve the medium income per capita goal by 2030.

He said President Mnangagwa was a tried and tested cadre who is capable of creating an enabling environmen­t.

“We have many engagement­s with Government, but at the moment we are keen to drive at achieving the fulfilment of vision 2030 which will see our economy attaining medium per-capita by that year,” said Mr Jabangwe.

He challenged the incoming Government to ensure the reduction of production costs which in turn makes it easy for production to take place, increasing end

has been on a re-engagement drive courting and charming the internatio­nal community with his Zimbabwe is open for business mantra.

“He has been in every city and town reviving mines and industries and this is why Zimbabwean­s chose to retain him so that he continues with his vision of turning product prices in the process.

“The incoming Government should work on cutting of production costs like labour, power and other costs which make the prices too high. The prices

around the economy.

“It was obvious that the people would vote for President Mnangagwa judging by his work rate and the positives scored in a very short period he has been at the helm,” she said.

A leading miner and director of Nichrut Football Club Mr Nicholas become uncompetit­ive on the global market,” he said.

The private sector, he said, should also up its production scale and work together with Government as the economy

Gara said President Mnangagwa’s mandate to lead the country for the next five years was good news for the mining industry.

“When President Mnangagwa came into office in November last year, one of his first steps was to remove some bottleneck­s that were affecting the mining sector like the revival process requires a combined effort.

“The process is not for sector by sector basis. We need to come up with production lines that is to combine sectors into one working unit. I therefore urge the private sector to scale up its production and engage the Government. There is definitely no politics in developmen­t.

“We are not looking at the economy to drive itself. We need the private sector, the Government, the academia and everyone’s input. And I believe President Mnangagwa is ready to create such an environmen­t which is conducive for business to take place,” he said.

Partnershi­ps to enable companies to secure funding were also needed, Mr Jabangwe said.

“We need the Government to facilitate partnershi­ps which makes it easy for companies to secure funding. We also need to create a value chain which makes it easy for the companies to produce knowing there is ready market,” said Mr Jabangwe.

51 percent indigenous shareholdi­ng which has been deterring investors.

“We have seen a lot of investors coming in to invest in Gold and other mining sectors and the country is headed for better times. We thank the people of Zimbabwe for giving him the chance,” said Mr Gara.

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