Business Development

Government seeks to rationalise state-owned enterprises

By Tatenda Mujeyi

Key Stakeholders convened at a validation and consultative workshop organised by the Scientific and Industrial Research and Development Centre (SIRDC) with support from the African Development Bank (AfDB) in a bid to rationalise state owned enterprises.

The project is part of government’s broad initiative to restructure all state enterprises that was approved by Cabinet in the late first quarter of the year.

“Subsequently, Government has taken a bold step to rationalise the State Enterprises and Parastatal Sector through implementation of far reaching and comprehensive reforms, some of which were approved by Cabinet on the 10th of April 2019 through the State Enterprises Reform Framework,” the Deputy Chief Secretary in the Office of the President and Cabinet, Dr. Martin Rushwaya said.

This in line with government’s thrust to realise efficient operation of all parastatals to foster economic growth.

“This is in line with calls for public entities to carry out their functions conscientiously, fairly, honestly and efficiently. Government is committed to promote effective performance of the sub-sector in order that it plays is rightful part in contributing to the socio-economic development discourse for the country.”

The consultancy was undertaken by a 8-member team of consultants from Uganda, Kenya and Zimbabwe who are working under the consultants, Tetralink.

“Pursuant to the programme, Tetralink Taylor and Associates was identified through the AfDB procurement process. Consequently, the performance review for SIRDC started on the 12th January, 2019 and the inception report was received, considered and approved by all stakeholders through this workshop,” The Deputy Chief Secretary said.

SIRDC Director Professor Robson Mafoti emphasised the need to cease the opportunity as a means to accelerate better performance and profitability of SIRDC.

“We already have been seeking to operate efficiently and this project enhances and complements our efforts.”

The workshop emphasized how every sector was supposed to mastermind its contributions towards achievement of the national policy blueprint, Vision 2030.

“Ladies and gentlemen, every arm of Government is expected to be alive to the roles that it will specifically perform in realisation of the national vision 2030.” Dr. Rushwaya said.

SIRDC Board Chairman Mr M Kachere said in line with government’s efforts to realise an upper middle economic status in Zimbabwe by 2030, the restructuring exercise should facilitate a better understanding on the necessary adjustments for implementation of Vision 2030.

SIRDC, Tetralink, the Ministry of Finance, Office of the President and Cabinet and the National Biotechnology Authority among other key stakeholders, attended the validation meeting.

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Byron Adonis Mutingwende