The business community says the 49th World Economic Forum (WEF) which begins in Davos, Switzerland later this month is a critical platform for Zimbabwe to forge ahead with its re-engagement thrust.
President Emmerson Mnangagwa will later this month lead a high-powered Zimbabwean delegation comprising cabinet ministers, top government officials and the private sector representatives to Davos, Switzerland for the 49th WEF annual meeting.
While Zimbabwe will be taking part at the WEF for the second time, a chartered accountant Mrs Chiedza Juru said it also presents a golden opportunity for the country to tell the world about the vast business opportunities.
“It also presents that platform to take a closer look at what needs to be done so as to increase economic activities at a time when the world is seemingly focusing on globalisation,” she said.
The WEF also gives a platform for the government to learn about workable policies in solving the huge debt, liquidity challenges, macroeconomic instabilities among others, said Federation of African Engineers president, Engineer Martin Manhuwa.
“The platform has all what it takes to forge ahead with economic prosperity so let’s wait and see what it will take in terms of increasing economic activities,” he said.
The forum which will be attended by the International Monetary Fund, the World Bank, the Africa Export and Import Bank and the African Development Bank bears testimony of how it is a critical element that can positively shape the destiny of the economy, according to the Minister of Finance and Economic Development Professor Mthuli Ncube.
“It is coming at the right time and we anticipate more growth opportunities in the short to long term,” he said.
This year’s WEF which begins on the 22nd to the 25th of this month will be held under the theme, “Globalisation Four Point Zero”, with expectations that it will also be attended by heads of states and government of several countries, economic decision makers, non-governmental organisations, labour, arts and the media.