Representatives of the business community and economists who attended a Zanu PF parliamentary caucus meeting in Harare today have implored legislators to move with speed in ensuring that the National Competitiveness Commission becomes a reality.
The Minister of Industry and Commerce, Dr Mike Bimha and his deputy, Cde Chiratidzo Mabuwa addressed the meeting aimed at ensuring that legislators get a better understanding of the proposed commission following the recent assent to the bill by the president which is scheduled for tabling in parliament tomorrow.
The commission has been necessitated by distortions and policy inconsistencies in the way of doing business prevailing in the country, making it difficult for Zimbabwe to attract investment as it is currently ranked 155 out of 189 in terms of attractiveness as an investment destination.
Zimbabwe National Chamber of Commerce (ZNCC) representative, Mr Sifelani Jabangwe spoke of the advantages of setting up a competitiveness commission, saying other countries like Egypt and Senegal achieved remarkable economic growths in a short space of time after establishing such structures.
Zanu PF Chief Whip, Cde Lovemore Matuke implored legislators to study and understand the functions of the commission to ensure the bill passes through without further delays for the prosperity of Zimbabwe and for the success of the industrialisation .