President proud of industry revival
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.