CEOs mull demo

Company chief executive officers are mulling a demonstration against government if it fails to implement recommendations by business in the mid-term fiscal policy review expected to be presented by Finance minister Tendai Biti next week.

Addressing a press conference in Harare on Tuesday, Confederation of Zimbabwe Industries (CZI) president Joseph Kanyekanye said 60% of the country’s Budget was going towards consumption, adding there was need to redirect resources towards development projects.

Kanyekanye said there were sectors that had achieved 100% capacity utilisation hence the need to promote consumption of locally-produced goods.

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