Businesses in Bulawayo expect the Minister of Finance Tendai Biti to set aside money to revive the Bulawayo Thermal Power Station, which they see as central to industrial recovery in the city.
Biti presents the 2011 National Budget to the nation this afternoon (Thursday).
The Confederation of Zimbabwe Industries (CZI) Matabeleland regional president, Ruth Labode, said the issue of the thermal power station was serious and at the heart of industrial recovery in the country’s second biggest city.
“Expectations are that the minister will put aside some money to revive the Bulawayo power station. This is a big issue,” she said.
Labode said, as business, they also expected the minister to put measures to revive the textile industry.
“He must set aside money to revive the textile industry. He should introduce a zero percent duty on textile and anything else that is not manufactured in the country,” she said.
The CZI regional president said the minister should also introduce measures to follow up on imports as there were leakages.
“I don’t know how he can do that, or maybe he must capacitate the Zimra (Zimbabwe Revenue Authority) to be able to follow up on imports into the country,” she said.
Labode said all the minister’s efforts should be directed at reviving the industry. “What we need, on a more serious note, is for the minister to inject money that will revive industry.
There must be incentives for exporters because if you look at it there is no reason to export at the moment,” she said.
She said it is also important to raise the salaries of the civil servants to make the economy liquid.