Zimbabwe’s investment climate endorsed

By Davison Vandira

ZIMBABWE’S investment climate continues to get endorsement from executives of multinational companies, with the latest coming from Impala Platinum Holdings Chief Exchange Officer, Nico Muller at the recently held Johannesburg Mining Indaba.

The Implats group boss highlighted that his company will deepen its investment in the country owing to a stable environment.

“Zimbabwe is the best jurisdiction to operate in, predictable operating environment, least disruption, and best safety record,” he noted.

This endorsement concurs with recent comments by Mr Steve Curtis, the CEO of Caledonia Mining Corporation and that of Marc Holtzman, the Chairman of CBZ Board who all noted the country’s competitive advantage with respect to a comfortable working environment.

According to development economists, the praise by these large corporations is a good catalyst for the country’s re-engagement and engagement drive where those already operating in Zimbabwe become investment ambassadors

“It is encouraging when companies recognise differences in operating environments from which they operate around the world and singling out Zimbabwe makes it a good measure of policies being implemented, said Investment Analyst,” Kudakwashe Mugova.

The endorsement of Zimbabwe’s friendly investment climate is a critical economic barometer to the Second Republic’s commitment to improve the country’s socio-economic well-being in line with the all inclusive target of Vision 2030.