News / National
Zimbabwe not broke, says CZI
19 Jun 2015 at 08:23hrs | Views
Confederation of Zimbabwe Industries (CZI) vice-president, Sifelani Jabangwe has claimed that the county is not bankrupt.
"With $7 billion imports, Zimbabwe is definitely not a bankrupt country. The problem is that we've started importing what we used to produce.
"Industry exists when there's demand and we're killing our own industry with imports," Jabangwe said.
"We need vibrant local consumption to stimulate industrial activity."
He was addressing the Buy Zimbabwe Summit in Victoria Falls.
Source - chronicle
