Chinamasa in bid to woo the West

Government has changed its economic revival strategy hitherto focused on the Look East policy and is now looking everywhere around the world, including the country's erstwhile enemies from the West for help.

For over a decade, the country has been focused on its Look East Policy in a bid to attract investment after relations with the West soured over alleged human rights abuses.

But there has not been meaningful investment flowing from that direction, resulting in this major policy shift.

Finance minister Patrick Chinamasa conceded at an International Monetary Fund breakfast meeting recently that the country should look for investments from everywhere and not be limited to a certain area or place.

Itai Chirume, an executive director with MMC Capital, a local research firm, said in terms of the investment requirements, it has been recognised that there is need to embrace both the West and the East.