oswell binha.jpgThe business community says there is need for government to prioritise areas that performed below expectation in the first half of the year during the forthcoming fiscal policy review statement.

As the nation gears up for the forthcoming mid-year fiscal review statement, the business community is looking forward to authorities to redress some shortcomings which have in the failure to achieve desired targets.

Parliamentary Portfolio Committee on Industry and Commerce Chairman, Cde William Mutomba, said for local industry to realise its full potential, there is need to address funding constraints in the agriculture sector to ensure continuous supply of raw materials.

Economic commentator,  Mr. Danny Musukuma identified the energy sector as one area that needs urgent attention so as to allow the manufacturing sector to increase capacity utilisation levels.

Zimbabwe National Chamber of Commerce President, Mr. Oswell Binha, said the economy has made tremendous improvement in all sectors though efforts should be directed towards consolidating the gains achieved in the first half of the year through practical policies.

Economic performance in the first half of the year indicate that the country’s imports continue to exceed exports hence the need to boost production capacity in the local industries to ensure competitiveness.