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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 […]

3 years 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 […]

3 years ago Comments Off on Govt courts global investors for State firms privatisation drive
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 […]

3 years ago Comments Off on Manufacturers urged to invest more in research
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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US$2bn Sengwa power project with renewed investor interest

US$2bn Sengwa power project with renewed investor interest

LISTED mining group, RioZim, says there has been renewed investor interest in its proposed $2,1 billion Sengwa Thermal Power station expected to produce 2 800 megawatts. In a statement accompanying the group’s interim financial results for the half year period ended June 30, 2018 released last week, chairman Mr Lovemore Chihota said renewed investor appetite […]

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Cement manufacturing, an emerging investment opportunity in Zimbabwe

Cement manufacturing, an emerging investment opportunity in Zimbabwe

Zimbabwe cement demand to exceed supply in 2 years ZIMBABWE’S cement industry could run out of capacity by 2020 as national demand grows faster than the expansion in investment, one of the major producers has said. The industry is dominated by three major players, namely PPC Zimbabwe, Lafarge Cement Zimbabwe and Sino-Zimbabwe Cement. Together, they […]

3 years ago Comments Off on Cement manufacturing, an emerging investment opportunity in Zimbabwe
ED gives economy, re-engagement priority over politics

ED gives economy, re-engagement priority over politics

President Mnangagwa’s recent visit to New York broke from the past tradition of making the annual United Nations General Assembly all about politics, with Zimbabwe’s leader focusing more on the economy and re-engagement, a senior Government official has said. Zimbabwe’s Head of State and Government used the past week in New York to hold key […]

3 years ago Comments Off on ED gives economy, re-engagement priority over politics
Zimbabwe graced by India investment delegates

Zimbabwe graced by India investment delegates

INDIA has expressed readiness to do business with Zimbabwe and its corporates yesterday pledged to invest and partner local companies in different sectors of the economy. A 20-member business delegation from India is in Bulawayo attending the on-going Confederation of Zimbabwe Industries (CZI) annual congress and international investment forum, taking advantage of the drive by […]

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