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Israeli investors eye Zim as investment destination

Israeli investors eye Zim as investment destination

Farirai Machivenyika – Senior Reporter Several Israeli companies are showing interest to come and invest in the country with the country’s ambassador to Zimbabwe, Ambassador Gershon Kedar urging Government to continue engagement with various stakeholders to improve the economic environment. Ambassador Kedar said this after paying a courtesy call on Vice-President Kembo Mohadi at his […]

1 year, 1 month ago Comments Off on Israeli investors eye Zim as investment destination
ED pledges to open platinum sector to all investors

ED pledges to open platinum sector to all investors

HARARE, Oct. 9 (Xinhua) — Zimbabwean President Emmerson Mnangagwa said his government will soon open up the platinum sector to all interested investors while a diamond policy to guide the sector will be announced soon. Government had left out the two minerals when it liberalized the mining sector in December after scrapping the controversial Indigenization […]

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Govt courts global investors for State firms privatisation drive

Govt courts global investors for State firms privatisation drive

HARARE – Government is seeking global investors to engage in the privatisation of struggling State-owned companies as part of wide-ranging reforms set in motion by President Emmerson Mnangagwa since he came to power, the Finance and Economic Planning minister Mthuli Ncube has said. A former banker, Ncube has been tasked with turning around State companies […]

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Zim intensifies diaspora tourism campaign

Zim intensifies diaspora tourism campaign

ZIMBABWE on Friday welcomed a 35- member diaspora delegation from the United Kingdom, which is in the country to explore possible investment opportunities in different sectors. The visit is a follow-up to the re-engagement mission to the United Kingdom by the Minister of Environment, Tourism and Hospitality Industry, Prisca Mupfumira in March this year. During […]

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Manufacturers urged to invest more in research

Manufacturers urged to invest more in research

Industry and Commerce minister Nqobizitha Ndlovu has challenged Zimbabwe’s manufacturers to adopt new technology and scale up innovation through increased research and development investments in order to boost export competitiveness. BY MTHANDAZO NYONI “There is need for the productive sectors to devise strategies to improve on exports competitiveness. The global environment is constantly changing and […]

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French kiss for ED reforms with $570 000 grant

French kiss for ED reforms with $570 000 grant

The chief executive of the French government’s development agency, Mr Rémy Rioux, says Paris is enhancing ties with Harare, and President Emmerson Mnangagwa is welcome to send a delegation to his country to further deepen relations. Mr Rioux said this yesterday after meeting President Mnangagwa at the Zimbabwean Head of State and Government’s Munhumutapa Offices […]

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AFD to increase investments in Zim

AFD to increase investments in Zim

The French Development Agency (AFD) says they are increasing investments in Zimbabwe and strengthen the already existing relations between the two countries. The AFD is one of the first international development agencies to visit Harare after the elections expressing its interest to kick start huge developmental projects. AFD Chief Executive Officer Mr Remy Rioux paid […]

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Finance Minister launches Transitional Stabilization Programme (TSP)

Minister of Finance and Economic Development, Mthuli Ncube on Friday launched Zimbabwe’s latest economic blueprint, titled Transitional Stabilisation Programme (TSP). The TSP will run between 2018 and 2020 to facilitate implementation of vision 2030. Among some the measures announced by the minister he said, Budget deficit will be reduced The Civil Service will be right-sized […]

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Govt to launch Industrial Development Policy

Govt to launch Industrial Development Policy

PRESIDENT Emmerson Mnangagwa says government will soon launch two policy documents aimed at boosting exports. Addressing delegates at the ZIMTRADE Exporter’s Conference Thursday morning, Mnangagwa expressed confidence the two blueprints will promote trade in a country that has seen its imports outstrip exports over the years. “The new Industrial Development Policy, National trade and National […]

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Government to privatise 16 State enterprises

Government to privatise 16 State enterprises

HARARE – The government is undertaking a raft of State enterprise reforms under which 16 entities will be privatised, 13 parastatals merged while two others will be liquidated, State Enterprises Restructuring Agency (Sera) executive director Edgar Nyoni has said. Speaking at the 2018 Confederation of Zimbabwe Industries annual congress (CZI) held in Bulawayo last week, […]

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