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Business Reporter
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube says the Government remains
committed to improving the investment climate, as it is critical for economic development.
He said infrastructure development over the last five years had shown that the Government, in partnership with the private
sector, was able to finance and execute key projects even under difficult circumstances.
He pointed out projects such as the Hwange Power Station units 7 and 8 extension and the various road and dam construction
initiatives across the country as evidence of this.
Minister Ncube also noted that the foreign direct investment being recorded was lower than the actual foreign direct
investment being received by the country.
As such, he said there was a need for collaboration between the Reserve Bank of Zimbabwe, Zimbabwe Investment and
Development Agency, and Zimbabwe Revenue authorities on capturing the numbers.
Minister Ncube also highlighted that the Government was looking to provide guarantees on the Woman Bank to improve
women’s access to business funding, which is a major challenge.
The majority of the women, he said, did not have the required collateral. Mr Ken Sharpe, West Properties founder and chief
executive officer said the Government should play its facilitatory role and create an enabling environment for the private sector
to invest and thrive.
Online Reporter
Bongani Ndlovu