ZIMBABWE BUSINESS DELEGATION TO NAMIBIA PRESENTATION NCCI NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY SWAKOPMUND/WALVIS BAY VISIT (8 NOVEMBER 2011) ZIMBABWE BUSINESS DELEGATION TO NAMIBIA PRESENTATION By Dr Joseph Kanyekanye President – Confederation of Zimbabwe Industries & Group Chief Executive Officer – Allied Timbers Holdings

Presentation NCCI Introduction Zimbabwe Reloaded Forecasted GDP Growth NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY Presentation Introduction Zimbabwe Reloaded Forecasted GDP Growth Forecasted Sectorial Areas of Competitive Advantage What we seek

Introduction Stability and political unity since 2009 NCCI NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY 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 US$ STORY Constraints – I refuse

Abundant Nickel under care but can produce 10 000 tonnes NCCI NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY 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

ZIMBABWE FORECASTS % p.a. 2011 2012 9,3 7 6 13 10 GDP Growth NCCI NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY ZIMBABWE FORECASTS % p.a. 2011 2012 GDP Growth 9,3 7 Inflation – end year 6 Interest Rates (USD) 13 10 Source: Hawkins 2010

ZIMBABWE SECTORAL GROWTH NCCI NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY ZIMBABWE SECTORAL GROWTH % p.a. 2011 2012 Agriculture 25.0 15.0 Mining 45.0 55.0 Manufacturing 9.5 12.0 Distribution 8.0 10.0 Tourism 6.0 Source: CZI2011

Some Key areas of competitiveness in Zimbabwe NCCI NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY Some Key areas of competitiveness in Zimbabwe Clothing and textile industry Agro-Processing Chemicals & Tourism Manufacturing - Food Pharmaceuticals Metals and Minerals Technology Wood and furniture

WHAT WE SEEK NCCI INCREASED TRADE: FISH, TIMBER AND SUGAR PARTICULARLY NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY WHAT WE SEEK INCREASED TRADE: FISH, TIMBER AND SUGAR PARTICULARLY EXCHANGE PROGRAMMES TO CONSOLIDATE POLITICAL RELATIONS WIN – WIN RELATIONS WITH THE ADVENT OF GLOBALISATION NCCI AND CZI INTITIATIVES FOR GROWTH AND HASSLE FREE BUSINESS EFFICACY OF USING WALVIS BAY VERSUS TRADITIONAL PORTS INVITATION TO KARIBA LINES OF CREDIT JV PARTNERS – MORE NAMSOVS

NCCI NAMIBIAN CHAMBER OF COMMERCE AND INDUSTRY ‘I am not smart, I spend more time on the problem than other people" - Albert Einstein THANK YOU 9