The business community has commended government for churning out policies that are conducive to business and promoting growth of the economy.

Speaking at the launch of the Davipel Group of Companies at Sunway Park in Ruwa today, captains of industry, commerce and the retail sector said the Statutory Instrument (SI) 64 and now  SI 122 were a move in the right direction and that more should be done to enable local businesses to compete regionally and continentally level.

Davipel boss and managing director Mr Davison Norupiri said his company is poised for more growth and exports in the region and beyond thanks to the positive policies that protected local entities from going under in the face of high volumes of exports that were being allowed to occupy almost 99 percent of supermarket shelves at the expense of local products.

He however bemoaned that the benefits that were envisaged for the special economic zones (SEZ) have remained a pipe dream.

Mr Norupiri also highlighted the bright prospects for the future as the company eyes the SADC area, COMESA and the Continental Free Trade Area (CFTA) which was inaugurated earlier this year in Rwanda.

Industry, Commerce and Enterprise Development Minister Dr Mike Bimha said a big market for Zimbabwean goods is opening up with the establishment of the CFTA.

Retailers Association president Danford Mutashu saluted government’s policies towards increasing capacity utilisation in industries and urged local players to take up their rightful place in supporting the President’s mantra that Zimbabwe is open for business.

He said resources for the purpose cannot only come from outside the country but locally too.

Zimbabwe National Chamber Commerce (ZNCC) president Mrs Divine Ndhlukula, Confederation of Zimbabwe Industries (CZI) president Mr Sifelani Jabangwe and many others had words of praise and gratitude for the government support and Mr Norupiri’ resilience

It was a happy occasion to see Zimbabwe’s own industry growing into an economic giant ranking first in the country and 3rd in Africa opening its door with the cutting of the ribbon of the premises, the food factory and the mill plant.