Packed schedule for Presidium at ZITF

Bulawayo Junior Councillor Rahil Bhaven explains their drone innovation to the Nust Vice Chancellor, Professor Mqhele Dlodlo, at the Bulawayo City Council stand at the Zimbabwe International Trade Fair which opened yesterday.

A PACKED programme lies ahead for the Presidium in Bulawayo this week as President Mnangagwa will be hosting his Kenyan counterpart, Dr William Ruto, who will officially open the 64th edition of the Zimbabwe International Trade Fair (ZITF) this Friday. 

The two Presidents will also witness the signing of a number of Memoranda of Understanding agreed upon by the officials at the Zimbabwe/Kenya Joint Permanent Commission

Vice Presidents Dr Constantino Chiwenga and Cde Kembo Mohadi, will also be actively engaged at ZITF to lead key business engagements with stakeholders from different sectors of the economy.

Today, VP Chiwenga takes centre stage as he will be the guest of honour at the ZITF International Business Conference, a critical platform that is expected to be attended by the who is who in business. According to the programme, the event starts in the morning until later in the afternoon.

On Thursday, VP Mohadi will preside over the Connect Africa Symposium, which starts in the morning until later in the afternoon focusing on key economic issues and locating Zimbabwe in the broader context of the regional and global economy.  On Friday, President Mnangagwa and his counterpart President Ruto, who has been invited to officially open the premier trade fair, are expected to conduct a tour of stands and interact with dozens of exhibitors.  Vice Presidents Chiwenga and Mohadi will also accompany the two leaders to the official opening ceremony, later in the afternoon.

In a post-Cabinet media briefing yesterday, Information, Publicity and Broadcasting Services Minister Dr Jenfan Muswere said the Cabinet received and noted the report on the State visit by President Ruto.

“Cabinet received and noted the report on the State visit by His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya as presented by Honourable Dr. F.M. Shava, Minister of Foreign Affairs and International Trade,” he said.

“The nation is informed that His Excellency the President Dr E.D Mnangagwa invited his counterpart, His Excellency, Dr. William Samoei Ruto, President of the Republic of Kenya to officiate at the Zimbabwe International Trade Fair (ZITF) 2024. The two Presidents will witness the signing of a number of Memoranda of Understanding agreed upon by the officials at the Zimbabwe/Kenya Joint Permanent Commission.”

In an update yesterday, Industry and Commerce Minister, Nqobizitha Ndlovu urged exhibitors to capitalise on the ZITF platform to clinch new business deals. 

“I want to welcome all our visitors and exhibitors to the 64th edition of the ZITF. It has kicked off and it is all busy out there. Let us interact and establish new supply and distribution deals as we network,” he said.

 “Let us also utilise this platform to clinch new business deals. Bulawayo is a hospitable city come and enjoy.”

He said ZITF 2024 promises to be one of the best trade fairs in recent history. The exhibition space is at 100 percent occupancy, with an additional tent erected to accommodate the overflow.

As always, ZITF serves as a launchpad for technological advancements that can propel industrial growth. It also fosters entrepreneurship by providing a platform for new businesses to connect with potential customers and investors. With the theme “Innovation: The Catalyst to Industrialisation and Trade,” expectations soar that this year’s event will empower local players to secure major deals and expand their market reach. 

On Sunday, Minister Ndlovu said: “We are quite excited again because this year we have recorded yet another increase in terms of the number of exhibitions. We are talking about 100 percent occupation space and we had to put a tent outside to accommodate those who couldn’t get space indoors.

In terms of the direct number of exhibitors, this year they are 624, an increase from last year’s 565. The number of foreign countries exhibiting increased to 26 from 21 last year.

“We are quite optimistic that the figures will continue to increase. This year, we have 136 first-time exhibitors compared to 103 last year. We are excited about the upward trend in most of the areas that we are assessing,” said Minister Ndlovu.

“Countries that were not here last year include Brazil, the Kingdom of Eswatini, Indonesia, North Korea, Namibia and Romania. Following His Majesty King Mswati’s visit last year, we are seeing exhibitors from his country participating at the ZITF.”

The European Union stand at the ZITF yesterday

Minister Ndlovu also confirmed the busy schedule of the Presidium. 

“The International Business Conference, whose guest of honour will be Vice President Chiwenga, is a very important platform where we delve deeply into issues of both domestic and international economies. It will be an interesting one following the introduction of the new currency and it is already oversubscribed,” he said.

“We also have the ZITF Innovators Forum which will be running for two days and this is the space for young people who will be taking centre stage. There will be the Connect Africa Symposium, which will be opened by Vice-President Mohadi and we will have officials from my ministry, ZimTrade, the Ministry of Foreign Affairs and International Trade and other players within the international trade space.” 

Minister Ndlovu said that President Ruto’s esteemed presence as the guest of honour underscores President Mnangagwa’s serious commitment to welcoming investors and fostering an open, business-friendly environment in Zimbabwe

“We are ready and geared up to host the ZITF which will be a success. It is interesting to interact with exhibitors and open opportunities for trade and investment. As more countries come, they also create an opportunity to open new lines of trade and business,” he said.

“We want to pitch our messaging around ZITF 2024 mainly on the issue of leverage on innovation to promote trade and investment in the country. It is also a tribute to the President for opening Zimbabwe for business and for his charm offensive in being a friend to all and an enemy to none.”

Chronicle

Leave a Reply

Your email address will not be published. Required fields are marked *

News

New Tourism Strategy Aims to Empower Local Communities

The tourism sector is set for a transformation as the Tourism and Hospitality Industry Minister, Barbara Rwodzi, calls for greater collaboration with local communities to enhance their well-being. Speaking at the inaugural Tourism and Conservation Conference in Harare yesterday, Minister Rwodzi highlighted the critical role of community involvement in the future of tourism. The event, […]

Read More
News

Government Moves to Improve Transparency

On July 10, 2024, the Government took a significant step towards enhancing transparency and accountability in service delivery by launching the Zimbabwe Inter-Governmental Fiscal Transfers System (IGFTS) Administrative Manual. This initiative aims to streamline the management and processing of devolution funds, ensuring they are utilized in a responsible manner. Since its inception, the Second Republic, […]

Read More
News

Mutapa Investment Fund (MIF) – Zim’s 4th Chimurenga

The Sentry’s latest report on the Mutapa Investment Fund (MIF) has been met with scepticism and criticism, suggesting potential wrongdoing or unethical behaviour. The report uses language such as “raises concerns,” “overvaluation of shares,” and “transfer of public wealth to private individuals,” indicating a negative perspective on the MIF’s dealings. However, it is essential for […]

Read More