Online Reporter
Rutendo Nyeve
Victoria Falls Reporter
THE Zimbabwe National Chamber of Commerce (ZNCC) has commended the Government for the significant strides made under the National Development Strategy 1 (NDS1), describing it as a critical foundation towards achieving Vision 2030.
As the country transitions to NDS2, the business lobby group urged authorities to address key policy and regulatory challenges to unlock Zimbabwe’s full economic potential.
Speaking during the official opening of the ZNCC 2025 Annual Congress that is currently underway in Victoria Falls, ZNCC President Mr Tapiwa Karoro highlighted the need for a structured and market-driven approach to economic transformation.
“The Zimbabwe National Chamber of Commerce applauds the Government of Zimbabwe for its strides under National Development Strategy 1, which laid a critical foundation towards achieving Vision 2030,” he said.
Mr Karoro said it is important for Zimbabwe to have sound policies, strategic partnerships and enhanced productivity.
“Unlocking business potential begins with clear, consistent, and critical policy. NDS2 must be built on an evidence-based review of our performance under NDS1,” he said.
Among the key issues requiring urgent attention is the cumbersome regulatory environment, which continues to stifle business growth.
“We must address one of the most persistent obstacles to doing business in Zimbabwe – the overly complex, fragmented and costly regulatory compliance environment,” said Mr Karoro.
“Businesses face layers of licenses, permits, levies, and requirements from various regulatory bodies, many of which duplicate functions and contradict each other,” he said.
Mr Karoro also expressed optimism following engagements with Government officials, including Vice President Constantino Chiwenga.
“In our deliberations with the Vice President, I must say, the Government is very much aware of these issues,” he said.
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