ZNCC`s congress to deliberate on Zim`s economy

boost slowing economic growth.

The congress would be held under the theme “The Roadmap to Zimbabwe’s Desired Future, defining the opportunities that deliver value”.

Among the speakers expected to grace this event are Minister of Industry and Commerce, Welshman Ncube, Youth, Development, Indigenization and Empowerment Minister, Savior Kasukuwere, Comesa Secretary General Dr Sindiso Ngwenya.

“The congress is a watershed event for the nation as it seeks to come up with strategies and interventions to propel the economy to the next level,” ZNCC said last week in a statement on its website.

The chamber said over the years, since dollarisation, the economy has been recovering. However, growth slowed in 2011 and 2012 in the face of policy inconsistencies and political uncertainty.

ZNCC believes that the subdued economic growth reflects the challenges facing the economy that include liquidity constraints, cost of funding, absence of long term funding and high cost of utilities .

 

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