Wooing foreign investors

Foreign investors are being
wooed by the Zimbabwean
government in order to
help the country out of the
economic doldrums.
Macro Economic Planning
and Investment Promotion
minister Obert Mpofu has
said in a media statement
that he aims to repair ties
with Western capitals and to
attract investors.
“The target is to achieve
an investment level of 25%
of the GDP. In this regard,
the ministry has lined up
investment road shows to
Zimbabwe’s major investment
source markets as well as the
BRICS countries,” Mpofu
said.
In addition, Finance and
Economic Development
Minister Patrick Chinamasa
has said that the government
is considering extending
fiscal incentives to the
manufacturing sector.