President Mnangagwa pledges conducive business environment

The President said that his Government will continue nurturing a conducive environment for business to prosper.

“On its part, my government will continue to nurture a conducive environment to ensure that capital feels safe in our jurisdiction. The policies of the Second Republic have seen us attract and retain investors for mutual benefits and shared prosperity,” said President Mnangagwa.

Building on that note, President Mnangagwa highlighted the Government's dedication to enhancing vital components that drive the nation's economy.

“The development and modernisation of key enablers for production, trade, and commerce remain a priority to speed up the growth of all sectors of our economy,” he expressed.

He was quick to point out the commissioning of Hwange thermal power Units 7 and 8 as a significant stride towards ensuring a stable power supply for the nation. In the same breath, he implored the private sector to further invest in clean renewable energy resources, emphasizing the global push towards eco-friendly energy solutions.

President Mnangagwa urged the private sector and the business community to harness the strategic geographical advantage Zimbabwe holds.

 “Zimbabwe stands as a gateway linking the Southern African region with the rest of the continent,” he remarked.

This positioning, he believes, can be leveraged for broader economic benefits for all stakeholders.

As the nation steers towards increased and sustainable exports, President Mnangagwa emphasized the necessity for inclusivity.

"We must ensure that the contribution of micro, small, and medium enterprises, women, and the youth is consolidated," he asserted, acknowledging these groups as vital cogs in the nation's economic wheel.

The President further noted the nation's open and friendly stance in international affairs.

“Guided by the philosophy 'Zimbabwe is a friend to all and an enemy to none', my Government will do its part to give an edge to our private sector to further diversify into global markets,” he pledged.

Meanwhile, the conference, aptly themed "Exporting into the Future," is set to discuss pressing matters that resonate with contemporary business landscapes. Topics such as sustainable and fair trade, the impact of artificial intelligence, digitalisation, and risk management will take centre stage, emphasizing the progressive direction Zimbabwe is keen on taking in the global trade arena.