Wednesday, May 13, 2009

Zimbabwe: Investors to Get Perks

11 May 2009

Zimbabwe plans to overhaul investment regulations and policies and release a prospectus of investment opportunities as part of its action plan to attract investors.
Prime Minister Morgan Tsvangirai said the plan also lays the framework for the economic revival programme targeted at putting the country back on the right track.
He said a beneficial partnership with the private sector would be nurtured and the state's role would be restricted to facilitating investment, reports Business Day .
Telecommunications, tourism, mining, agriculture and manufacturing are some of the key sectors requiring urgent investment.
"We need investment in many areas, particularly rehabilitation and repair of broken infrastructure..." Tsvangirai said.
The government is working on various incentives to woo investors to the south African country devastated by years of mismanagement.

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