By Davison Vandira
The last quarter of the year will see Zimbabwe generating its own business indices to gauge confidence and ease of doing business as part of efforts to strengthen policy initiatives for the attainment of national development goals.
The need to continue with the current momentum in economic stability and development has seen the Zimbabwe National Chamber of Commerce (ZNCC) developing a National Industry and Commerce Survey set to be released this month.
The survey is the first of its kind and it will delve into critical business indicators that are key in shaping the country’s policies.
ZNCC Chief Executive Officer Mr Christopher Mugaga believes the results of the survey will help find home grown solutions to challenges peculiar to the Zimbabwean territory rather than relying on business indices from outside the country.
“As ZNCC we have realised that we have been over relying on business indices generated from outside the country hence we have decided to come up with our own industry and commerce indices that will speak to our needs,” Mugaga said.
According to economists and surveys done recently, Zimbabwe is moving up the ladder of many key economic indicators like corruption and ease of doing business due to strengthening of relevant institutions by the Second Republic.
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