On Friday 28 February 2020, Zimbabwe and Botswana signed six more Memoranda of Understandings during the Zimbabwe-Botswana Bi-National Commission meeting that was held in Botswana.
The meeting was convened to assess progress made in taking the partnership which is premised at increasing the speed at which the two countries attain Sustainable Development Goals (SDGs) and Agenda 2063.
The signed memoranda of understanding were in six areas namely, Media, Information and Publicity, Health matters, Sustainable and Affordable Housing, Employment and Labour, Technical and Vocational Training and Mutual Legal Assistance and Criminal Matters. Last year in Harare, the two countries also signed six Memoranda of Understanding (MoUs) spanning across political, social and economic sectors.
In an effort to establish private sector relations & to equip business with development opportunities, to help create sustainable businesses which grow and lead to job creation, in turn contributing to sustainable economic growth, ZNCC will be leading a Business delegation to Zambia from 18th to 22nd May 2020. The trip to Zambia is being organised in-order to promote trade, explore investment opportunities and open up new markets so that industry is competitive given that the AfCFTA is coming into force as of 1st July 2020. A Business forum and Business to Business meetings will be held in Zambia.
During the 2020 61st Edition of the Zimbabwe International Trade Fair (ZITF) to be held from 21 April to 25 April 2020, ZNCC will host the ZNCC – Industry and Commerce Policy Discussion Luncheon on Thursday 23 April 2020 in Bulawayo. The luncheon will be running under the ZNCC 2020 theme “New frontiers; Prospects for Industry productivity, Growth and Competitiveness.”
The main objectives of the business luncheon are to provide a platform that will sensitize the business community on the implications of AfCFTA, rules to abide by and opportunities presented and to present an opportunity for private sector to discuss & contribute towards the National Implementation Strategy for AfCFTA.
The luncheon will be graced by the Minister of Industry and Commerce Hon Sekai Nzenza (guest of honour), Reserve Bank of Zimbabwe Governor Dr J Mangudya and Presidents and CEO’s of the Chambers of Commerce in Africa.
Zimbabwe (through ZimTrade) in partnership with the Rwanda Development Board launched the Rwanda-Zimbabwe Trade and Investment Conference on the 22nd of January 2020 in Harare. This was done in an endeavor to boost the capacity of Zimbabwean companies to export to the Rwandan Market. This initiative is also meant to provide support in-order to strengthen the capacity and improve the competitiveness of small and medium enterprises to produce products with potential in Rwanda.
The trade and investment conference is going to be held from 24th – 26th March 2020 at Serena Hotel, in Kigali – Rwanda.
The ZNCC CEO, Christopher Mugaga represented the Chamber at the 2019 Seminar for Chambers of Commerce of Belt and Road countries organised by the China Council for the Promotion of International Trade . The seminar aimed at promoting personnel exchanges and enhance partnerships of Chambers of Commerce was held for 2weeks in China and covered topics such as Chinas Belt & Road Initiative, Trade and Investment Cooperation between China and B & R countries , e-commerce among others.
ZNCC took part in the Ministry of Foreign Affairs & Trade organised 3 day Workshop on African Continental Free Trade Area (AfCTA) National Strategy and Validation in Harare from the 1st to the 3rd of October 2019 themed “Expanding Industrial & Trade Growth through AfCTA.” The workshop outlined the background on AfCTA and scope of the National Strategy, the National Trade Policy Vision, Mission & Objectives and Identified Production & Trade Opportunities. The action plan for implementing the AfCTA was also deliberated on. Participants to this workshop included other players in the private sector, UN Economic Commission for Africa and the African Union Commission.
The Women’s Desk held its 7th highly regarded Women in Enterprise Conference & Awards passionately known as WECA on the 20.TH of September 2019 as Cresta Lodge. As expected, the conference and awards dinner attracted 380 delegates. There was representation from the relevant government ministry, commercial banks, traders, manufacturers, business-people, service providers and professionals from different business sectors.
The conference deliberated on exciting topics such as Applying Principles for Competitive Women Owned Business Excellence through Corporate Governance, Regional Trade & Overcoming Institutionalized Gender Barriers in Pursuit of Women Owned Business (AfCTA) Adventure and Embracing Digitalisation to lessen the Family–Business Burden on women. The Awards Gala Dinner was all glitz & glam and saw 12 Award Categories up for presentation to the outstanding Women Entrepreneurs. A special thank you to Swedish Embassy, Nedbank Zimbabwe, ZB Bank, NRichards Group, Lafarge Zimbabwe, Dairibord, GAA Marketing, Surdax Investments, Nelspot, Zuva Printers, speakers, panelists and all delegates for making WECA 2019 a success
Welcome to the new month and as your reliable voice of business we are pleased to bring you highlights of what was transpiring on the business front!
The Zimbabwe National Chamber of Commerce (ZNCC) in partnership with Common Market for Eastern and Southern Africa Business Council (CBC) is taking strides in trying to promote intra-trade for Small Market Enterprises (SMEs) within the COMESA region.
The two organisations are also supporting and promoting competitive and interconnected industries to actively participate as well as stimulating efficient and sustainable local supply chains systems.
ZNCC President visit to Russia (14 to 17 January 2019)
ZNCC President Mr Tamuka Macheka was among the delegation to Russia that was led by His Excellency President E. D Mnangagwa. During the Russia Zimbabwe Business Forum, Mr Macheka did a presentation on the overall Business Environment in Zimbabwe and also extended an invitation to the Russian business to invest in Zimbabwe.