Eco­nomic ad­vi­sory coun­cil on the cards


The Herald (Zimbabwe) - - Front Page - 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

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