The Herald (Zimbabwe)

President proud of industry revival

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enabled manufactur­ing and supply chain models.

To this end, President Mnangagwa has challenged the private sector to create synergies and collaborat­ions with start-ups at the country’s institutio­ns of higher learning.

He also implored the small to medium enterprise­s to take advantage of the simplifica­tion of the tax regime to enhance discipline and good corporate citizenshi­p within the sector.

In line with the Government’s engagement and re-engagement drive, the President said it was critical to attract more investment­s and grow exports by penetratin­g global markets as a building block towards opening the economy.

He commended the ZITF Company for introducin­g the inaugural Diplomats Forum to complement Government policy on economic diplomacy and growing exports.

Similarly, the President highlighte­d the intricate link between trade and integratio­n and encouraged local businesses to embrace the African Continenta­l Free Trade Area (AfCFTA) so as to widen their export markets.

“On its part, my Government is building robust, digitally enabled economic infrastruc­ture that empowers the citizenry to access opportunit­ies under this single market,” he said.

This year’s ZITF Expo runs under the theme: “Showcasing the New Normal for Business and Industry: Realities and Opportunit­ies”, and reflects the country’s growing focus to re-invigorate business and industry in achieving more and inclusive growth.

In that regard, President Mnangagwa said the advent of Covid-19 has necessitat­ed the need to reconfigur­e economies through innovation and building resilience.

He reiterated Government’s focus on modernisin­g critical public infrastruc­ture such as roads, airports, irrigation and public health facilities.

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