industrial.jpgZimbabwe’s productivity levels for the manufacturing industry will be unveiled this Wednesday in a move expected to assist government and the private sector on policies to restore business confidence.

The 2011 Manufacturing Review is among other factors expected to focus on productivity capacities, employment levels, revenue inflows, export receipts as well as productivity and funding constraints.

Confederation of Zimbabwe Industries President, Dr Joseph Kanyekanye confirmed that the state of the manufacturing sector report will assist stakeholders in formulating policies to improve industrial output.

“We hope this will really emerge as an important tool in boosting confidence,” said Dr. Kanyekanye.

The manufacturing sector is operating at a capacity level of 47% against a targeted level of 60% on the back of limited funds.

However, it is being anticipated that the manufacturing survey will enable government to introduce a financial rescue package for distressed companies at cheap lending conditions.