adminon implementation of approved projects.
This was also meant to help facilitate foreign direct investment after the establishment of the one-stop shop investment centre in 2010.
ZIA chief executive Mr Richard Mbaiwa said progress in setting up the system had been made, and the authority was now conducting registrations online.
“We have completed the first phase, currently we are conducting online registration and the process is moving very smoothly,” he said.
Mr Mbaiwa said ZIA would soon embark on a pilot project to ascertain the effectiveness of the system.
“We will be looking at deployment for the pilot very soon,” he said.
The system, among other things, contains a database of investors and information on project implementation and challenges.
It would also provide timely updates on investors’ requirements to enable ZIA to intervene quickly. The investment authority has often come under fire for approving huge numbers of projects, which do not materialise in the end.
However, recent official figures from ZIA showed that the country approved 101 proposed projects worth US$342,9 million in the seven months period to July this year. — New Ziana
Online Reporter
- Herald
- July 31, 2026
- 79 views
Economy: Growth signs visible
Martin Kadzere Senior Business Reporter ZIMBABWE has made significant progress towards achieving upper-middle-income status, with the country’s Gross National Income per capita growing by 84 percent since 2021, Finance, Economic…
