Most companies have retreated to a wait and see position when it comes to Zimbabwe, according to Africa House director, Duncan Bonnett. “I do, however, think that the levels of expectation were possibly too high of what a new Zimbabwe government could achieve with the economy in such a short term.” Commenting on project activity in the country, Bonnett said this was starting to increase. “It is not a big bang, but rather a slow release of pent-up project activity. We are seeing that many of the plans that have been on the table for a while now, particularly in the mining sector, are starting to be implemented. Should they achieve critical mass in this regard it will no doubt have a big knock-on effect on the economy and the government’s ability to deliver.”
