Investment indaba set for Bulawayo

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Bulawayo Business Arise (BBA) has lined up an investment conference set for December to map out a strategy to address economic problems the city is facing.

A LOCAL business pressure group Bulawayo Business Arise (BBA) has lined up an investment conference set for December to map out a strategy to address economic problems the city is facing.

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The conference, slated for December 2, is expected to attract government officials and captains of industry.

“We have pushed the conference to December hoping that the national budget will have been presented by then. From then we will map the way forward in implementing strategies to solve problems faced by industries in Bulawayo,” said BBA administrator George Mukamba.

The conference was initially scheduled for November, but has been moved to December to allow the delegates to review the 2014 national budget.

Industries in Bulawayo are hoping for a government bailout in next year’s national budget expected to be presented at the end of this month.

Mukamba said the investment conference was aimed at bringing together the local business community to speak with one voice in addressing the myriad of challenges haunting local industry.

As part of measures to find solutions to Bulawayo’s industrial and business woes, last month BBA submitted a proposal to the government on issues they believed would enable the revival of industry in the city.

They proposed that Bulawayo be declared a specialised industrial zone.