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OPENING REMARKS By Dr Joseph Kanyekanye President – Confederation of Zimbabwe Industries &

INTERNATIONAL BUSINESS CONFERENCE MONOMTAPA HOTEL, HARARE, ZIMBABWE ( 28 MARCH 2012). OPENING REMARKS By Dr Joseph Kanyekanye President – Confederation of Zimbabwe Industries & Group Chief Executive Officer – Allied Timbers Holdings. Presentation Introduction Zimbabwe Reloaded

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OPENING REMARKS By Dr Joseph Kanyekanye President – Confederation of Zimbabwe Industries &

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  1. INTERNATIONAL BUSINESS CONFERENCE MONOMTAPA HOTEL, HARARE, ZIMBABWE ( 28 MARCH 2012) OPENING REMARKS By Dr Joseph Kanyekanye President – Confederation of Zimbabwe Industries & Group Chief Executive Officer – Allied Timbers Holdings

  2. Presentation Introduction Zimbabwe Reloaded Forecasted GDP Growth Forecasted Sectoral Growth Areas of Competitive Advantage What we seek Thanks

  3. Introduction • Stability and political unity since 2009 • Resource rich country with arable land PLUS agric/industry link • Education – unquestionably Mugabe legacy • GDP growth averaging 7% in last 2 years • “The arm of commerce has borne away the gates of a strong city, oceans no longer divide but link” Frederick Douglas 1818-1895 • Constraints – I refuse

  4. Zimbabwe Reloaded • Gold reserves estimated at $billions but currently producing 12mt per year but capacity to do 50mt/year exists • Abundant Nickel under care but can produce 10 000 tonnes • Second largest PGM in Zimbabwe worth $400billion. 4 projects on feasibility stage. • Abundant coal reserves at 2.7 million tonnes production/year • Chrome production rose 167% in 2010 to 517 000t. • Zimbabwe Kimberlitic diamonds at 4 million carats and alluvial reserves can account for at least ¼ of world production • Manufacturing recovery • One stop shop • CZI as a partner: invitation, co-operation agreement, enhance trade

  5. ZIMBABWE FORECASTS Source: Hawkins 2010

  6. ZIMBABWE SECTORAL GROWTH Source: CZI2011

  7. Key areas of competitiveness in Zimbabwe • Clothing and textile industry • Agro-Processing • Chemicals & Tourism • Manufacturing - Food • Pharmaceuticals • Metals and Minerals • Technology • Wood and furniture

  8. INCREASED 2 WAY TRADE: HUNT IN PACKS WIN – WIN RELATIONS WITH THE ADVENT OF GLOBALISATION – INTERNATIONAL INVESTMENT HASSLE FREE BUSINESS FREE OF TOO MUCH REGULATION A REAL INTERGRATED SADC CLUSTER IN INVESTMENT THINKING: ACCESS TO THE NORTH INVESTMENT GATEWAY INVITATION TO ZIMBABWE INDUSTRIES AS NEW INVESTORS ESPECIALLY ON VALUE ADDITION LINES OF CREDIT: $2B, 60DAYS, R1B PLEDGED JV PARTNERS: EQUITY, TECHNOLOGY TRANSFER, BUSINESS OPPRTUNITIES, INTERNATIONAL LEASING INNOVATIVE LONG TERM FUNDING WHAT WE SEEK

  9. ‘I am not smart, I spend more time on the problem than other people" - Albert Einstein THANK YOU SOUTH AFRICA 9

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