Zim reaches out to foreign investors


A HIGH-POWERED Zimbabwean delegation will be off to London next week for a conference, as the investment-starved country moves to lure foreign investors. The two-day Zimbabwe London Investment Forum, Zimdaba London 2018, which runs between March 15 and 16, brings together business leaders and investors from the United Kingdom and Europe to discuss and action investment opportunities in Zimbabwe. The Zimbabwean delegation includes seven Cabinet ministers, representatives from Zimbabwe National Chamber of Commerce (ZNCC), Confederation of Zimbabwe Industries (CZI), Zimbabwe Investment Authority (ZIA) and Special Economic Zones Authority (SEZA). According…

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Investment inquiries soar


Zimbabwe has registered a 70 percent increase in the rate of investment inquiries during the just ended month reflecting confidence in the new government ’s ability to provide favorable conditions for fresh projects. The past decade has seen Zimbabwe lagging behind in terms of investments, thereby attracting yearly projects worth $500 million yet regional economies are attracting investment of more than $2,5 billion annually. The loss in local and external investments has put pressure to the economy’s growth prospects as evidenced by low foreign exchange earnings, inability to create new…

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