President Requests Industry Status Report

via allAfrica.com: Zimbabwe: President Requests Industry Status Report 31 July 2014 by Conrad Mwanawashe

Mutare — PRESIDENT Mugabe has requested the Industry and Commerce Minister to compile a detailed report on the state of industry with a view to finding solutions to the constraints that the private sector is facing. Industry and Commerce Minister Michael Bimha told the Confederation of Zimbabwe Industries congress in Mutare yesterday that President Mugabe wants a sector-by-sector report on industry.

“We have been requested by Cabinet to give a report on the state of industry and that is coming from the President,” said Minister Bimha.

“He (President Mugabe) said we want to know what is happening to industry, sector- by-sector, we want to know the constraints industry is facing and what Government can do to assist,” said Minister Bimha.

“Whenever I meet him (President Mugabe) his question is about industry. He has that concern. He wants industry back on track,” said Minister Bimha.

To resuscitate the ailing industry, Government crafted the Zimbabwe Agenda for Sustainable Socio-Economic Transformation which focuses on beneficiation and value addition.

Other initiatives to help heal the economic malaise include setting up of Special Economic Zones by the Government and re-engaging the international community including the Bretton Woods institutions.

Minister Bimha said Government will soon adopt principles for the establishment of SEZs expected to be presented by the Minister of Finance and Economic Development, a senior Government official has said.

Officially opening the Confederation of Zimbabwe Industries congress in Mutare yesterday, the Minister of Industry and Commerce Michael Bimha said the principles for the SEZs have been crafted.

“These will be presented to Cabinet by the Minister of Finance and Economic Development (Patrick Chinamasa) in due course,” said Minister Bimha.

SEZs will create an environment conducive for foreign investors who will enjoy a number of concessions that would make it easier for them to conduct business while they recoup their investments.

The CZI annual congress is running under the theme “Taking Zimbabwe Industry to the Next Level” and will close tomorrow. The congress convenes at a time when the manufacturing sector’s contribution to Gross Domestic Product has declined to about 13 percent from 25 percent.

Minister Bimha said Government continues to receive applications from local manufacturing companies for duty removals for raw materials and increase of duty for imported products.

After realising that most companies are requesting for tariff reviews and that this will imply in some cases, reversing Zimbabwe’s commitments to regional and international obligations and making several amendments to the current tariff handbook, Government decided to also use the option of removing some products from the Open General Import License.

Removing products from OGIL means that goods will be imported at the discretion of the Minister of Industry and Commerce, through

the issuance of import licenses.

“This allows the Ministry of Industry and Commerce to carry out general monitoring and control of the importation of these goods,” said Minister Bimha.

Government has set up two advisory committees, one on Easy of Doing business and the other on imports. Minister Bimha urged CZI members to make recommendations with regards to how the business environment can be improved.

“To take our industry to the next level, Government is also calling upon the private sector to be proactive, innovative and dynamic in response to challenges in the business operating environment in order to remain viable and continue to contribute to the fiscus,” he said.

Minister Bimha said the CZI congress is being held at a time when the country is seized with the implementation of the Zim- Asset in pursuit of a new trajectory of accelerated growth and wealth creation.

COMMENTS

WORDPRESS: 12
  • comment-avatar
    gonzo 7 years ago

    why dose RGM need to get people to tell him what is going on dose he not live there and can see for himself the stupid old twat.

  • comment-avatar
    Washumba 7 years ago

    Which industry? He wants to know which ones are still working so he can finish them off.

  • comment-avatar
    roving ambassador. 7 years ago

    Its Bimha pot raying Bob as a concerned leader. I bet you he is more concerned about his security and beefing up the CIO so the masses cannot get at him.
    The problem is you Bob, lawlessness , lack of water, lack of electricity, lack of good health facilities,lack of good school;s, and above all lack of leadership. Zanu must go.

  • comment-avatar
    John Thomas 7 years ago

    The zanus want to which businesses are still ok so they know where to concentrate their robbing activities.

  • comment-avatar
    anti zanu 7 years ago

    Bob n crew go burn in hell

  • comment-avatar

    How so very funny. While drunk on excess foreign wine at the so called victory anniversary celebration this old bafoon said the economy was on the up and recovering. A day later we are told he has asked for an Industry Status report. Which should have come first his delusional comments on the economy or the report. Any normal person woould have based their comments on the report not vice versa.

    But of course nothing in Zanu PF is normal.
    Robert is old and senile
    Mujuru is just that …a bench warmer
    Chinamasa… a clueless beggar
    and every one else as dense as Chinotimba

    • comment-avatar
      roving ambassador. 7 years ago

      Mugabe is actually excited he has sold us to the Chinese. And Zanu says pamper in agreement . What a bunch of fools.

  • comment-avatar
    roving ambassador. 7 years ago

    Mean pamberi in agreement.

  • comment-avatar
    feared by zanupf 7 years ago

    Spot on john Thomas again. Why doesn’t the village idiot take his donkey cart and baboon advised to the wrongfully named “working”ton southerton masasa for a tour of ” ghost own”. Czi ” congress ” ? Humbug !!!!!!

  • comment-avatar

    I thought this is what cabinet meetings chaired by the president are for.So these guys have not been doing anything in their so callef meetings. And it only takes a party to realise that something is wrong in industry.SHAME!!

  • comment-avatar

    Where did you stay old man you must go around zim Yu will see what Yu wand to see no one must tell ,shame old man

  • comment-avatar
    Zvarwadza 7 years ago

    Bimha says the thieving murderous Prez always asks him about the Industry, so if the Prez was serious he should have fired Bimha for not giving him the answer to the question he is always asking