Ministry of Industry and Commerce
Ministry of Industry and Commerce, Zimbabwe

About Us

Our Overall Functions

 
 
 
  • Provide visionary and strategic leadership on Moving the Economy up the Value Chain and Structural Transformation.
  • Provide leadership in creating an enabling environment for new industries based on our natural abundance and reviewed comparative advantage areas in collaboration with Ministry of Finance, Economic Development, and Investment Promotion
  • Build a multi-disciplined, skilled motivated and empowered team that delivers the Ministry mandate.
  • Broaden and deepen the resource pool through the identification and exploitation of available and accessible funding mechanisms in collaboration with the Ministry of Finance, Economic Development and Investment Promotion.
  • Develop and implement inclusive and sustainable policies, strategies and programs that strengthen the manufacturing and other sectors of the economy and increase value addition and competitiveness.
  • Formulate and implement coherent, predictable and transparent regulatory instruments that propel economic growth while safeguarding all economic citizens, particularly the consumers.
  • Develop a fair local trading system that seamlessly links with regional and global trading ecosystems in line with all accredited protocols.
  • Develop agro-process industry for local and export markets in collaboration with the Ministry of Lands, Agriculture, Fisheries, Water and Rural Resettlement.
  • Provide a policy framework to encourage beneficiation of key minerals in collaboration with Ministry of Mines and Mining Development.
  • Provide support for all economic citizenry including Business Management Organizations, Commercial Interest Associations and individuals.
  • Ensure effective participation by private sector in negotiations of regional and international trade agreements with the Ministry of Foreign Affairs and International Trade.
  • Organise and coordinate the hosting of Zimbabwe International Trade Fairs
  • Facilitate the revitalization of local industries and promote the adoption of effective strategies for e-enabled businesses
  • Coordinate local companies to participate at foreign exhibitions, expos and trade shows in collaboration with the Ministry of Foreign Affairs and International Trade.
  • Negotiate, domesticate and implement Zimbabwe’s regional and international standards and quality assurance commitments and obligations.
  • Formulate policies and strategies on Foreign Direct Investment (FDI) and Domestic Capital Participation in national industrialisation in collaboration with Zimbabwe Investment Development Agency.
  • Develop and implement strategies and policies for economic empowerment.
  • Oversee the operations of parastatals, state-owned enterprises and grant-aided institutions that fall within the jurisdiction of the Ministry.
  • Stimulate and accelerate development of sustainable and competitive enterprises in all sectors and geographies, through the efficient provision of effective and accessible incentive measures that support Vision 2030 in consultation with the Ministry of Finance, Economic Development and Investment Promotion.
  • Formulate, develop and implement policies and tools that create fair competition in the economic arena.
  • Create strong collaboration with the tertiary and research institutions to facilitate the transfer of scientific knowledge and technological innovation to escalate industrialization, economic growth and prosperity.
  • Collaborate with the Procurement Regulatory Authority of Zimbabwe to motivate for policies that promote local industry and production
 
 

Vision

 

 

 

 
  • Provide visionary and strategic leadership on Moving the Economy up the Value Chain and Structural Transformation.
 

Mission

 
 
  • To facilitate and promote the development of sustainable, innovative, inclusive, competitive industrial and commercial enterprises that are regionally and globally integrated in-order to enhance economic prosperity.