Ministry to help exporters

The Ministry of Industry and International Trade has come up with a plan that will identify and finance potential industries as a way of resuscitating the manufacturing industry.

Speaking at the Confederation of Zimbabwean Industries annual general meeting last week, the Chief Executive Officer, John Sileya, said key manufacturing industries exporting to SADC countries had stopped.

Bata Shoe Company was cited as an example. It used to manufacture 10 million pairs of shoes per year and now produces only a million.

Bata’s Managing Director Lois Pinto told the meeting. “We look forward to assistance from the ministry so that we can revive the operations.”

The Ministry of Industry and International Trade has been urged to consider companies like ZimAlloys, Mutare Board and Paper Mills, ZimGlass, Cairns Foods and ZimBoard among others.

Post published in: Business

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