ITF opens in Bulawayo today, 24 April 12

A farm equipment company exhibits tractors at ZITF yesterday Bulawayo Bureau THE 53rd edition of the Zimbabwe International Trade Fair (ZITF) begins in Bulawayo today amid calls for businesses to take advantage of the showcase to strike deals that would help revive the city’s ailing industries. A total of 468 exhibitors and 37 foreign companies are taking part in the showcase with 98 percent of the exhibiting space having been taken. By yesterday evening, ZITF grounds were a hive of activity as most companies were putting final touches on their stands while others were arriving. A group of Kenyans was also spotted with its wares as they arrived at the ZITF grounds. South African Ambassador to Zimbabwe, Mr Vusi Mavimbela, and Deputy Minister of Trade and Industry, Ms Elizabeth Thabethe, also arrived in the City of Kings yesterday and paid a courtesy call on Bulawayo Mayor Councillor Thaba in his parlour. Ms Thabethe urged Bulawayo companies to exploit the business showcase and boost their businesses. “Zimbabwe was once an economic powerhouse with Bulawayo as its industrial hub. “Through regional integration such as the trade fair, Bulawayo can regain its status as the industrial giant. “This is the biggest event for the city and local companies should utilise this opportunity to strike partnerships,” said Ms Thabethe. She said her country has strong bilateral relations with Zimbabwe dating back to the days of the liberation struggle and pledged her country’s commitment towards working with Zimbabwe in reviving industries. Ms Thabethe said there were 32 companies from South Africa that were participating at the trade showcase including small to medium enterprises. She also said her delegation has brought with it the popular music group, Ihatshi Elimhlophe. The South African delegation would hold its dinner gala at a local hotel tonight while the Bulawayo City Council would have its reception at the VIP Lounge at the ZITF today at 6pm. Clr Moyo also urged foreign companies who are participating at the ZITF to invest in Bulawayo. “The trade fair is coming at a time when we are having many challenges as most companies in the city are finding it difficult to operate. A total of 87 companies have closed or relocated from the city,” he said. “We are saying with big neighbours like South Africa and others, this is the opportunity for us to engage. Bulawayo used to be the industrial power house and that can be revived through partnerships.” The theme for this year’s ZITF is “Investing locally, reaping globally”. Zambian President Michael Sata will officially open it on Friday, a day before the show ends. Tomorrow, there would be an International Business Conference where Vice-President Joice Mujuru would be the guest speaker. More than 200 delegates are expected to attend the business conference to run under the theme “Investing locally, building local capacity and reaping dividends globally, turning a rich resource base into an industrial hub”.