Utilities killing industry – ZNCC

HARARE Poor service delivery and the non-commercialization and privatization of public utilities has prevented the industry from boosting capacity utilization, the Zimbabwe National Chamber Of Commerce (ZNCC) has said.


In its proposition entitled From Stability To Growth released last Tuesday, the ZNCC said the Zimbabwean government needed drastic policy reform to allow competition in the provision of utilities. This would help to lower tariffs and improve service delivery.

It is important for the government to engage multilateral institutions for funding. It should reform its policies to allow competition in the provision of utilities in order to enhance service delivery, said the Chamber.

The government was urged to allow private investors to get a stake in power utility, ZESA, in order to strengthen its effectiveness.

Private investors should be invited into this organization, while investment policy to allow private power generators must be made friendly and implemented expeditiously, noted ZNCC.

ZNCC said as industry struggles to recover, local business should observe business ethics and fair competition in their contacts.

Post published in: Economy
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  1. Ngonidzashe Mudede

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