business meeting 20.09.10.jpgBuy Zimbabwe Campaign General Manager, Mr Munyaradzi Hwengwere says it is critical for the local business community to formulate strategies that enhance uptake of local goods and services as this is key to industrial growth.

The creation of strategies that increase consumption of local goods and services will take centre stage when industry meets for the Buy Zimbabwe Conference and Experiential Expo set for Harare this Wednesday.

The conference, which comes a year since the commencement of the Buy Zimbabwe Campaign, will provide a platform to review the progress that has been made in promoting Zimbabwean goods and services as well as removing barriers to purchasing locally manufactured products.

Mr Hwengwere says there is need to act on policies favouring local procurement and address challenges that weigh down local industry in order to give them a competitive edge.

Several speakers have been lined from government, industry and commerce.

The Buy Zimbabwe Campaign is an initiative aimed at promoting production and consumption of local goods and services as well as job creation following the challenges that affected local industry in the past few years.

While industrial capacity utilisation has increased from around 10% in 2008 to 57% last year, local products are still facing stiff competition from imports.