CZR Endorses Constitutional Amendment No. 3

Backs Constitutional Amendment No. 3: A Pillar for Stability and Growth

The Confederation of Zimbabwe Retailers (CZR) has thrown its full weight behind the Constitutional Amendment No. 3 Bill, declaring it essential for robust governance and enhanced state efficiency.

This powerful endorsement from the retail sector shows the amendment’s perceived role in securing national progress, investor confidence and sustained economic growth.

CZR President Cde. Denford Mutashu said the retailers’ stance, emphasising that “Peace, security and stability are the bedrock of National progress.” He indicated these as crucial for investor confidence, asset protection and policy continuity, all vital for achieving Vision 2030 under the National Development Strategy (NDS1 and NDS2).

The CZR’s support is firmly rooted in the tangible economic gains witnessed under the Second Republic.

Dr Mutashu cited a projected GDP surge from USD 20 billion in 2017 to USD 52 billion by 2025, inflation stabilized at 4.1 percent and restored fuel and energy stability.

Record outputs in gold, tobacco and wheat, alongside widespread infrastructure development and renewed investor confidence, were presented as clear evidence of progress.

In a bold move, the CZR explicitly endorsed extending President Mnangagwa’s term to 2030.

Dr Mutashu argued that “development requires leadership continuity to complete transformative projects and consolidate national gains,” asserting that current stability must not be jeopardised by “perpetual election cycles.”

“As retailers operating in every community, we witness daily the benefits of a stable environment.”

The CZR stands resolutely behind this constitutional reform, viewing it as a critical safeguard for stability and a catalyst for Zimbabwe’s accelerated journey towards an upper-middle-income economy by 2030.

This strong backing from a key economic player signals significant business community alignment with the amendment, positioning it as indispensable for economic continuity and national development.

Dr. Mutashu said the CZR’s rationale for endorsing the Amendment Bill, “Peace, security, and stability are the bedrock of National progress. These pillars guarantee investor confidence, protect productive assets, and ensure policy continuity-essential elements for sustainable economic growth under NDS1 and NDS2 as we advance toward Vision 2030.

“Commerce flourishes where peace prevails. The stability we enjoy today must not be disrupted by perpetual election cycles.

“We therefore support extending His Excellency President Mnangagwa’s term to 2030, as development requires leadership continuity to complete transformative projects and consolidate national gains.

“The Second Republic is delivering measurable progress. As retailers operating in every community, we witness daily the benefits of a stable environment.

“We stand firmly behind this constitutional reform process that safeguards stability and accelerates our journey toward an upper-middle-income economy by 2030,” said Dr Mutashu.