Story by Yolanda Moyo
A group of four investors from the Czech Republic and the United Kingdom are exploring business opportunities in Zimbabwe’s energy and private health care sectors.
Zimbabwe’s improving investment climate, characterised by economic reforms, continues to attract foreign investors with former world number eight tennis player, Radek Stepanek and other three investors currently exploring investments opportunities in the City of Bulawayo.
A key focus of the investors is to foster knowledge transfer between Zimbabwean universities and innovation hubs and the Czech – UK consortium.
“We are eager to partner with Bulawayo and Zimbabwe as a whole in going green. We have a fuel additive technology that we want to launch soon and we are here looking for partnerships with a local university and some innovation hubs. What makes this even more exciting is that the additive is compatible with our blended fuel.
“This initiative will not only help mitigate environmental challenges but also create job opportunities for locals. It could create jobs, stimulate economic growth, and position Zimbabwe as a regional leader in sustainable energy. We have had several meetings with a local businessman, Mr Bukhosi Ncube in Czech capital and we decided to come and explore some options for the projects we are currently working on. The fuel additive technology is set to be launched soon in Czech and we are here to ensure that once it is launched we already have a base in Africa,” said Tilson investor, Engineer Andrew Graham.
The local healthcare sector is set to benefit from proposed investments by the Czech and UK delegation.
“We are also keen on investment in the health private sector. We are committed to ensuring that we bring the state of the art equipment into Zimbabwe. We believe that by combining cutting-edge technologies and local expertise, we can significantly improve access to quality healthcare for Zimbabweans,” noted Radek Stepanek, another investor.
Government continues to focus largely on providing the best environment for business to thrive, with increased foreign direct investments critical to the realisation of Zimbabwe’s Vision 2030, which envisions an empowered, prosperous and highly industrialised country.
