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
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
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 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 t.
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 % p.a. 2011 2012 9,3 7 6 13 10 GDP Growth
Inflation – end year 6
Interest Rates (USD) 13 10
Source: Hawkins 2010

6. 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

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. WHAT WE SEEK 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

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