ZIDA sees 44.8 percent surge in investment licences in first quarter

Harmony Agere

THE Zimbabwe Investment and Development Agency (ZIDA) has reported a significant rise in investment activity during the first quarter of 2025, with 207 new investment licences issued, a 44.8 percent increase compared to the same period last year.

The data, released in ZIDA’s 2025 Quarter One Report, reflects growing momentum in key economic sectors, particularly Mining, Agriculture, and Renewable Energy.

ZIDA chief executive officer Mr Tafadzwa Chinamo said the agency also noted a rise in licence renewal activity.

“A total of 207 new investment licences were issued in this period, an increase of 44.8 percent compared to the first quarter of 2024,” he said.

“While licence renewal activity grew in volume over the same period, the proportion of on-time renewals declined marginally, from 16.7 percent to 14.6 percent.”

To ensure on-time renewals, the agency has since introduced “automated renewal notifications and strengthened follow-up efforts to encourage greater compliance.”

Mr Chinamo further highlighted the composition of actual investment inflows, revealing a strong focus on equipment imports.

“Investment composition this quarter indicated that 60 percent of actual inflows comprised imported capital equipment, largely directed to the mining and manufacturing sectors, while 11 percent originated from foreign exchange equity,” he said.

“Investor interest remained particularly strong in the Mining, Agriculture, and Renewable Energy sectors, where ZIDA engaged actively in strategic forums and events to support sustainable investments, project development, and regulatory clarity.”

Related Posts

Dees” Diary improve Division Two sponsorship

Zimpapers Sports Hub THE ZIFA Harare Province Division Two A and B League got a shot in the arm after Dees’ Diary committed to improve the region’s soccer knockout trophy…

Catholic Church breaks ground for Mashonaland West’s first teachers’ college

Walter Nyamukondiwa Mashonaland West Bureau Chief The Roman Catholic Church has broken ground for the construction of Karoi College of Education, the first dedicated teacher-training institution for Mashonaland West Province.…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×