ZIDA, ZELO to collaborate on promoting responsible, sustainable investments in Zimbabwe

Judith Phiri, Zimpapers Business Hub

The Zimbabwe Investment and Development Agency (ZIDA) and the Zimbabwe Environmental Law Organisation (ZELO) have signed a landmark collaboration agreement aimed at enhancing natural resource governance and promoting responsible, sustainable investments in Zimbabwe.

In a post on social media, ZIDA said key highlights of the collaboration include conducting joint research and policy advocacy initiatives, exchanging information on legislative developments and investment-related issues and organising joint capacity development initiatives on resource governance in Zimbabwe.

“This MoU reflects a shared vision to align investment promotion with environmental justice, ensuring that Zimbabwe’s development is both inclusive and sustainable,” said the agency.

In an interview, ZELO Deputy Director, Mr Shamiso Mtisi said the collaboration with ZIDA was key to promoting responsible and sustainable investments in the country.

“This partnership is key to enhancing investment in the country for the growth of the national economy. We will ensure investors get information on mining and agriculture among other sectors so that they can comply with responsible investment standards to safeguard natural resources,” he said.

He explained that the two organisations had areas of common interest and joining forces was key to attracting responsible investment.

Mr Mtisi said ZELO was implementing a number of initiatives to advance environmental justice, promote sustainable natural resource management, and protect communities’ rights in Zimbabwe and Southern Africa.

He added that the organisation was working at the intersection of law, policy, and community empowerment, while focusing on areas like responsible mining and addressing the impacts of projects on communities.

 

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