Retailers to Confront ED over Business Environment
Zimbabwe is currently experiencing a liquidity crunch, foreign currency shortages and unscheduled power cuts.
The Confederation of Zimbabwe Retailers (CZR) is set to host a business summit next month with President Emmerson Mnangagwa to discuss various issues affecting all business players.
The country is currently experiencing a liquidity crunch, foreign currency shortages and unscheduled power cuts.
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CZR president Denford Mutashu said that the summit will host more than 1,000 delegates from the country’s 10 provinces, the SADC region as well as from India and China. Said Mutashu:
“This is an event which is being hosted by the Confederation of Zimbabwe Retailers. It will involve all business players, be it mining, manufacturing, retail or distribution.
It is an opportunity where the President will meet with the business community and engage on various issues, be it policy, challenges, suggestions and solutions to some of the challenges. The platform is being created to ensure that business and government continue to dialogue even at the highest level.”
Mutashu said it is important for the President to meet the business community once or twice every year so that he gets feedback about the business environment. He said:
“It is also critical that once or twice in a year, business meets his Excellency and, of course, highlight the areas that may require his involvement, highlight areas that we may have failed, areas where government may have excelled or those that may have remained hanging.
This is a very key opportunity that is going to see business come together. We have also received inquiries from businesses from the region including South Africa, Malawi, Mozambique and so on. We will also look at the investment arm of the government to see what are the opportunities and challenges.”