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Wednesday, May 29, 2024

All set for ZNCC economic conference

Story by Davison Vandira

The private sector is set to engage the government at the Zimbabwe National Chamber of Commerce (ZNCC) conference set for Victoria Falls at the end of this month, with adverse conditions bedevilling the economy high on the agenda.

Under the country’s economic blueprint, the National Development Strategy One, Zimbabwe is envisaging private sector-led economic development underpinned by an efficient macro-economic policy framework to drive a GDP growth of five per cent annually.

This has seen the Second Republic push for the alignment of government and private sector objectives to spur the country’s re-industrialisation programme.

Zimbabwe National Chamber of Commerce chief executive officer Mr Christopher Mugaga believes dialogue among economic stakeholders is critical in sustaining the current development trajectory.

“As the Chamber of Commerce, we are having our annual congress in reviewing the 2023 financial year and more importantly we are taking this opportunity to engage with government departments and agencies to streamline areas of mutual interest and where we differ, we continue strengthening our relationship through dialogue,” noted Mr Mugaga.

Economic analysts are optimistic that in the spirit of preserving the economic gains of the past three years, the interaction between the private sector, government and other economic players is critical to share ideas.

“This is an opportunity to share ideas and learn how actions by different stakeholders are damaging the domestic economy and come up with proper policies that benefit everyone,” stated development economist, Mr Paison Tazvivinga.

Meanwhile, economist Mr Kudakwashe Mugova added, “This conference has come at a very opportune time in our economic journey as currently we are having a number of challenges that relates to actions of business and we expect the congregation to iron out a number of issues.”

Routine engagement between government and economic players is the Second Republic’s warcry under the banner of leaving no one and no place behind.

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