NCC Summit to tackle Zimbabwe’s competitiveness and industrial growth

UPDATE :

Nqobile Bhebhe

DELEGATES to the inaugural two-day National Competitiveness Commission (NCC) Competitiveness Summit are trickling in at the Zimbabwe International Exhibition Centre in Bulawayo.

The high-level summit is held under the theme “Building Sustainability Towards Enhanced Productivity and Competitiveness in Zimbabwe.”

President Mnangagwa is expected to officially open the summit on Thursday.

Several captains of industry, top government officials and the representatives from the academia are already in the venue.

National Competitiveness refers to a country’s ability to create a competitive and conducive business environment through development and implementation of key policy improvements to achieve economic growth and development.

This supports business viability and innovation, production of quality and affordable products, thereby allowing it to compete effectively in the global market.

The ultimate objective is creation of a supportive business environment that encourages innovation and investments, enhanced productivity, efficient markets, economic growth and improved living standards of the population.

According to rhe programme, some of the key presentations today would be by Finance, Economic Development, and Investment Minister Professor Mthuli Ncube who is scheduled to present on Fiscal Policy Measures to Promote Competitiveness and Ease of Doing Business in Zimbabwe while Reserve Bank of Zimbabwe governor Dr John Mushayavanhu will tackle Monetary Policy Measures in Enhancing Competitiveness in Zimbabwe.

Captains of industry are also expected to share their perspectives on competitiveness.

Infrastructure development, a cornerstone of competitiveness, will be addressed by the Infrastructure Development Bank of Zimbabwe (IDBZ).

Its presentation focusing on “Infrastructure Development and Competitiveness” will be followed by a panel discussion involving both public and private sector players.

The summit will also examine the crucial link between labour productivity and competitiveness.

Established under Chapter 14:36, the NCC operates under the Ministry of Industry and Commerce, driving policy reforms to enhance Zimbabwe’s domestic, regional, and global competitiveness, aligning with Vision 2030.

The summit provides a platform for policymakers, industry leaders, and experts to shape a more competitive and business-friendly Zimbabwe.

Th resolutions are expected to anchor competitiveness policy interventions by Government towards transforming our economy against global shocks.

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