Vusumuzi DubeSandisiwe Gumbo, Sunday News Reporter
The Confederation of Zimbabwe Retailers (CZR) and the local business community has expressed gratitude to President Mnangagwa for the extension of the multi-currency system tenure until 2030.
“This is expected to give businesses assurances to work hard and plan ahead as well as look for ways to help the country achieve the Upper Middle-Income Economy by 2030.The financial institutions, which have cut mortgages due to uncertainties surrounding the multi-currency system, can now extend long term loans to ramp up production and stimulate economic growth,” read the statement issued by the CZR.
The business community praised President Mnangagwa for being a “listening President” who heeded their call for an extension of the multi-currency system tenure to achieve high Gross Domestic Product growth.
“With these successful engagements with the government under the astute and visionary leadership of Dr ED Mnangagwa, we look forward to future collaborations as we move ahead to build our nation together.”
The Confederation of Zimbabwe’s Reserve (CZR) believes that through engagements with the government, policy frameworks can be changed for the betterment of the business and the economy at large, and looks forward to more candid discussions with the authorities to achieve national growth.
Online Reporter