ZTPC chief executive Munyaradzi Makoni told The Zimbabwean the business plan was aimed at assisting local businesses regain the regional competitive edge.
We are addressing topical issues including the regional and international supply chain, dealing with supply side constraints through toll manufacturing, building capacities funding for export success and building capacities through contracting, Makoni said.
Firms are encouraged to take advantage of the deregulated environment to approach external financiers to source lines of credit to rehabilitate their equipment and machinery. In recent years Zimbabwean companies have been hit by serious challenges resulting in the downscaling and closing of operations reducing capacity utilisation to 20 percent.
The centre urged companies to take advantage of the de-regulation of the exchange control policies to boost productivity.
Makoni urged big corporations to restructure and shade off loss-making subsidiaries in order to build on profitable businesses operations and stick to co-businesses.
Post published in: News