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Business Reporter
THE Confederation of Zimbabwe Industries (CZI) has set up three committees tasked with identifying new business opportunities and facilitating investment in key sectors of the economy.
CZI president, Busisa Moyo, unveilled the new committees during a roundtable meeting with captains of industry in Bulawayo yesterday.
Industrialist Joseph Kanyekanye leads the committee on funding and investment. His team will look at creating an interface between financial institutions and industry as well as coming up with a database of industry needs and bankable projects that require funding.
Kumbirai Katsande is head of the new agri-business committee whose mandate is to facilitate the growth of the agriculture processing industries and increase its linkage with the farming community.
The industry body has also set up a mining linkages committee headed by its vice president, Sifelani Jabangwe.
This team looks at the linkages between the manufacturing industry and the mining sector with a bias towards developing a vibrant value chain system.
Moyo said the committees would seek to promote the growth of the value addition and beneficiation thrust, a major component of the country’s blue-print, Zim-Asset and the regional industrial agenda.
The committees are an addition to the existing 10 CZI standing committees that focus on different aspects of the economy.
CZI is a strategic body in the country’s business development, working closely with the government in fostering economic transformation.
In addition to providing advisory insight to government, CZI also conducts research programmes that guide the operations of the manufacturing sector.
Some of its products include the manufacturing sector survey, the business confidence index and the purchasing managers’ index.
derick.khumalo