All set for IBC at ZITF

By Daniel Chigundu


ABOUT 800 delegates drawn from various sectors of the country’s economy are expected to converge for the annual International Business Conference (IBC) today in Hall 2 at the Zimbabwe International Trade Fair (ZITF).
IBC which is hosted by ZITF in conjunction with the National Economic Consultative Forum (NECF) has become one of the headline side events at the trade fair.
The conference brings together government and private sector under one room to discuss issues affecting the economy and possible solutions as well as opportunities that are available for the country.
ZITF chairman Ruth Ncube said topics to be discussed at IBC 2019 will be linked to issues related to realisation of vision 2030.
“Over 800 delegates are expected to attend the high level symposium which will run under the theme “Industrial Growth as an Anchor for Achieving Vision 2030”.
In line with this, the program will focus on addressing issues of investment, infrastructure gaps, competitiveness and value chain linkages as they relate to the realisation of vision 2030.
The conference will feature distinguished speakers from government, academia, and private sector which include the Minister of Finance and Economic Development Mthuli Ncube, President of CZI Sifelani Jabangwe, CEO of Zimtrade Allan Majuru, as well as the chairman of the One-Stop Investment Services Centre, Dr Washington Mbizvo among other prominent speakers,” she said.
As has become tradition with the conference that a Vice President gives a key note at the event, Ncube confirmed that Vice President Constantino Chiwenga will make the key address.
The key address is usually used to reaffirm government commitment in working with the private sector in reviving the economy through various interventions that includes policy formulation, tax breaks among many other things.
Zimbabwe is currently experiencing economic challenges that have been fronted by price distortions, cash challenges, huge current account deficit and poor production levels.
Some of the challenges have been attributed to lack of foreign direct investment and access to credit lines by the country owing to various issues that include sanctions and high risk status associated with country.
However, government has been trying to make headways through the reengagement process and the “open for Business” stance that was adopted at the inception of the new dispensation in Novembers 2017

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