Maladministration, corruption and poor planning continue to stymie economic development in Zimbabwe, which should be a regional economic powerhouse.
“Zimbabwe has significant growth potential, with its well-educated workforce, abundant natural resources, and strategic location,” said Nathan Belete, World Bank country director for Zimbabwe in a country engagement note.
“Sustained, inclusive, and resilient growth will require building on recent reforms and advances in economic policy,” he stated.
“Zimbabwe presents a challenging, and yet potentially rewarding, investment climate,” is the view of the US Department of State.
In its country review, it states that Zimbabwe’s “skilled labour, high literacy rate, mineral wealth, agricultural potential, bountiful wildlife, and natural landscapes present commercial opportunities for US firms.
“Sectors that currently attract the most investor interest include agriculture (tobacco in particular), mining, energy, and tourism”.
- Read the rest of this article in our first edition of Freight Features, "Zimbabwe", available on 10 January
