Opinion / Columnist
Mugabe challenges investors to grab vast business opportunities in the country
13 Aug 2015 at 16:25hrs | Views
The Zimbabwe Government is in open negotiations with investors that are willing to come and do business locally. This is visibly seen as the government recently signed over 10 mega deals with Chinese, French, Iranian and Russian investors.
President Robert Mugabe challenged investors from all walks of life to take advantage of the country's resources which are available for infinite business ventures. He is unequivocal when he says the country observes and respects the rights of investors as the government is more than ready to listen to investor concerns, and that, it is in the process of managing the cost of doing business so that investors are comfortable to operate in the country.
In the past decade, Zimbabwe has been failing to attract enough Foreign Direct Investment (FDI) due to illegal sanctions which were slapped on the country for over decade for claiming back its national heritage in the form of land which has been utilized by white minority settlers for nearly a decade.
The Government is in the process of rationalizing its foreign investment policies and legislation to encourage economic growth. President Mugabe said the country is open to suggestions by investors on how to make this country a more attractive investment destination, especially from "investors from friendly countries" that can add value to the local needs and expectations.
This is a rare form of the democratization of the economic landscape in Zimbabwe which is only peculiar here. Surely this compares sharply with other countries which do not permit investors to sound their side of the bargain before they can do business. Open economic dialogue is the best way to go in the face of endless business opportunities which are backed by numerous minerals, investment in agriculture, and energy sector as well as full supply of highly educated professionals that can offer services to the business front.
The best positive aspect at the moment is the re-alignment of laws in tandem with the provisions of the new constitution. This will see a great improvement on the labour, investment and property laws which are the cornerstone of successful business engagements. This will greatly improve the macro-business environment which will be viable to business ventures.
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Suitable Kajau can be contacted at kajausuitable@gmail.com
President Robert Mugabe challenged investors from all walks of life to take advantage of the country's resources which are available for infinite business ventures. He is unequivocal when he says the country observes and respects the rights of investors as the government is more than ready to listen to investor concerns, and that, it is in the process of managing the cost of doing business so that investors are comfortable to operate in the country.
In the past decade, Zimbabwe has been failing to attract enough Foreign Direct Investment (FDI) due to illegal sanctions which were slapped on the country for over decade for claiming back its national heritage in the form of land which has been utilized by white minority settlers for nearly a decade.
This is a rare form of the democratization of the economic landscape in Zimbabwe which is only peculiar here. Surely this compares sharply with other countries which do not permit investors to sound their side of the bargain before they can do business. Open economic dialogue is the best way to go in the face of endless business opportunities which are backed by numerous minerals, investment in agriculture, and energy sector as well as full supply of highly educated professionals that can offer services to the business front.
The best positive aspect at the moment is the re-alignment of laws in tandem with the provisions of the new constitution. This will see a great improvement on the labour, investment and property laws which are the cornerstone of successful business engagements. This will greatly improve the macro-business environment which will be viable to business ventures.
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Suitable Kajau can be contacted at kajausuitable@gmail.com
Source - Suitable Kajau
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