By Yolanda Moyo
THE Second Republic’s unwavering support to the industrial sector is bearing fruit for Bulawayo based companies despite macroeconomic shocks as a result of COVID-19.
The Ministry of Industry and Commerce was in Bulawayo this week on an assessment tour of industries as the Second Republic is on a drive to revive the economy.
In an interview with ZBC News after touring PPC plant in Bulawayo this Friday, Permanent Secretary in the Ministry of Industry and Commerce Dr Mavis Sibanda said the drive to restore Bulawayo as the country’s industrial hub is on track.
“We are excited about the developments we saw in the industries that we toured this week.The attitude is different from last time, companies are determined to grow and produce more.We are quiet certain that Bulawayo will go back to its former glory in the near future.In line with NDS1, the revival of industries in Bulawayo must be driven by more value chain approaches.These companies do face challenges and as a ministry we will address some of them,” she said.
Industry is equally confident of better prospects through continued government support and a conducive operating environment.
“We are really grateful for this visit from the ministry and we appreciate the support that we have been receiving especially infrastructural support.Such tours offer us a chance to really articulate our operations.One of the biggest challenges we have been facing is power outages especially during the rainy season and this affects production,” said Kelibone Masinyane – Managing Director PPC Zimbabwe.
Through implementation of strategies that enhance industrial growth, the Second Republic has created a business operating environment that facilitates competitiveness for local companies thereby boosting production.