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Zimbabwe has a sound investment environment with sound policies to safeguard foreign businesses, the Zimbabwe Investment Authority has said.
The country is a signatory to international conventions and treaties that safeguard foreign investments.
Some of the treaties and conventions to which Zimbabwe is signatory include the International Convention of Settlement of Disputes and the Bilateral Investment treaties.
Addressing a visiting Iranian delegation in Harare on Monday, ZIA marketing officer Mr Keith Goto said: “Zimbabwe is not only a signatory to international conventions and multilateral treaties, but has its own laws to complement international laws in a bid to protect investors’ funds.
“There will be no expropriation of businesses.”
Mr Goto outlined Government’s indigenisation policy, which requires 51 percent equity to be owned by locals.
This people-centred policy,
he said, was implemented to empower Zimbabweans to be owners of their means of production.
The delegation, led by Iran’s director manager in the Co-operative Ministry, Mr Abbas Johari, met representatives of small and medium enterprises in mining and agriculture.
Earlier, the delegation met the Secretary for Small and Medium Enterprises Development, Mrs Evelyn Ndlovu, at her offices in Harare.
The delegation is in Zimbabwe on a week-long visit.
Online Reporter
- Chronicle
- July 26, 2026
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