The Herald (Zimbabwe)

Economic advisory council on the cards

PROF MAKHURANE DECLARED NATIONAL HERO:2

- Tendai Mugabe Senior Reporter

GOVERNMENT is ready to consider ideas and suggestion­s from the private sector in building the Second Republic and is in the process of setting up an economic advisory council to bridge the gap between the State and the business sector, President Mnangagwa has said.

He said Government was aware of challenges faced by business and would continue implementi­ng reforms that improve the economic environmen­t.

The President made these remarks while opening the Zimbabwe National Chamber of Commerce (ZNCC) Fourth Annual Business Review Conference in Harare yesterday.

Said President Mnangagwa: “We are in the process of setting up an economic advisory council. My Government remains committed to consider your ideas and suggestion­s in the building of the Second Republic and a Zimbabwe we all want for present and future generation­s.

“The responsibi­lity is ours together. Let us work in peace, unity, love and harmony. Government is aware of the challenges that have weighed on business.”

He said Government was ready to work in harmony with the private sector for the good of all.

“We are eager to be consistent and, in doing so, we want to take the private sector on board. Whenever we change, we must agree together that this policy we have adopted is not suitable. There should not be ‘them and us’. It has to be always ‘us’ as Zimbabwean­s,” he said.

“We will continue to improve the economic environmen­t by attending to the ease and cost of doing business and other reforms to ensure business thrives. The amendment of our indigenisa­tion laws and the recently-approved Diamond Policy will undoubtedl­y spur the resuscitat­ion and growth of the mining sector. Equally, various policies under the Ministries of Industry and Commerce, Lands, Agricultur­e, Water, Climate and Rural Resettleme­nt, Energy and Power Developmen­t, Transport and Infrastruc­ture Developmen­t, Higher and Tertiary Education, Science and Technology as well as Foreign Affairs and Internatio­nal Trade, among others, should

see investment growth and marked improvemen­ts in the performanc­e of all sectors of our economy.”

President Mnangagwa said Government was receiving overwhelmi­ng support from the private sector in drafting these policies and called for strengthen­ing of that relationsh­ip.

President Mnangagwa said the conference, held under the theme: “Enterprise Developmen­t, Corporate Entreprene­urship and Sustainabl­e Developmen­t”, provided a platform for different stakeholde­rs in the business sector and Government to exchange notes on socio-economic growth and the country’s industrial growth.

“This is in tandem with the spirit of the Second Republic where Zimbabwe is open for business. This forum therefore should afford participan­ts the opportunit­y to situate their organisati­ons and business activities within the context of the attainment of Vision 2030.

“I hope that this worthwhile event will harness diverse views and perspectiv­es from the pool of guests, presenters and delegates. It is our expectatio­n that this forum will come up with fresh, innovative, paradigm shifting ideas and solutions. Let us galvanise each other to increase our production and productivi­ty thereby accelerati­ng the economic developmen­tal course we have begun.”

President Mnangagwa said the major thrust of the Second Republic was to transform citizens from economic doldrums.

Said the President: “The recently launched Transition­al Stabilisat­ion Programme is an important instrument on which the aspiration­s of Vision 2030 are anchored, underpinne­d by values and objectives which include broadbased citizen participat­ion in national and socio-economic developmen­t programmes, political and economic engagement and re-engagement with the global community and creation of a competitiv­e and friendly business environmen­t.”

President Mnangagwa said the TSP aims for enhanced domestic and foreign investment and an aggressive fight against all forms of corruption.

He applauded ZNCC for embracing the “Zimbabwe is open for business” mantra by leading and hosting business delegation­s from other countries and signing MoUs for economic and technical cooperatio­n.

The conference was attended by Industry and Commerce Minister Mangaliso Ndlovu, senior Government officials, ZNCC president Mr Tamuka Macheka and delegates from Nigeria among others.

 ??  ?? Professor Phineas Makhurane
Professor Phineas Makhurane

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