New Minister of Finance and Economic Development, Mthuli Ncube on Wednesday held a private meeting with leaders of industry. This marked the start of his tour to consult stakeholders on the challenges that they are facing. At the meeting which was attended by fifty chief executive officers, some of the issues raised include the prohibitive cost of finance, shortage of foreign currency, high import duties, uncompetitive business environment, and bureaucracy. The Minister promised to take into account the issues raised and proposed solutions as he kicks off his mandate to make Zimbabwe a middle-income country by 2030.
Chief executives and senior business leaders that met privately with the minister today came from the following companies:
- Anglo America
- British American Tobacco
- Commercial Bank of Zimbabwe (CBZ)
- CDF Investments Trust
- Chamber of Mines of Zimbabwe
- Confederation of Zimbabwe Industries
- Delta
- Dulux Paints
- Ecobank
- EcoCash
- Econet
- Fast JET
- FBC Bank
- GEM Group
- Imara
- Innscor
- La Farge
- Levy Group
- Lobels
- Masimba Holdings
- Meikles Hotels
- Minerva
- National Foods
- Nedbank
- NMB Bank Limited
- Old Mutual Group
- Pick & Pay
- Pulse Pharmaceuticals
- RioZim
- Securico
- Stanbic Bank
- Standard Chartered
- Steward Bank
- TelOne
- Total Zimbabwe
- United Refineries
- Zimplats
That was a great start. However, he should now also meet with small to medium enterprises as they tend to be regarded as second best. Their challenges may not necessarily be the same as those of larger corporations.
Everyone should be contributing to government fiscus saka the minister should go down to the smallest business to find out how they can help help and be helped in their business
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