ZITF to host forex conference

BULAWAYO - The Zimbabwe International Trade Fair (ZITF) business conference is set to intervene on foreign currency generation in a bid to impart ideas to the government on strategies it can employ to solve the country's crisis.
Addressing a press conference last week, the ZITF Company general m

anager, Daniel Chigaru said the ZITF Company was focusing on foreign currency generation strategies as ‘it is critical for a country undergoing economic revival’.
Chigaru said: “The business conference will focus on the foreign currency generation strategies, the idea being that for us to achieve economic revival, foreign currency is a critical issue in economic revival.”
The government says it is implementing economic revival strategies but lack of foreign currency continues to bog down any initiatives. The country is undergoing economic recession, part of which critics attribute to the land reform programme, which destabilized the nation’s major foreign currency earner sector, agriculture.
The conference will be held next Wednesday. The ZITF starts Tuesday and runs to Sunday. According to Syne Chikove-Mudzingiri, business conference co-ordinator, 125 delegates have confirmed attending the one-day conference. 
Foreign speakers would include Mandla Gantsho, the chief executive officer of the Development Bank of Southern Africa, Paul Bishop from the EU-SADC forum and Ruel Khoza of Eskom who will speak on power supply and demand management as well as power shortfalls and servicing.
Local speakers would include the likes of SimbaMakoni, former Finance Minister, Gideon Gono, the RBZGovernor and Vice President Joyce Mujuru who would address the conference on a paper titled ‘In pursuit of a shared vision.’
Industry and International Trade Minister, Obert Mpofu, will officially open the business conference while Michael Gondwe, the president of  PTA Bank would be the guest of honour. – CAJ News.

Post published in: Economy

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