Online Reporter
Online Reporter
A leading Zimbabwean warehousing and distribution company is setting its sights on regional growth as the government ramps up efforts to boost economic activity and ease the business environment.
The company, Foust Corporation which manages logistics for pharmaceuticals, fast-moving consumer goods (FMCG), manufacturing materials, and chemicals, says recent Finance Ministry initiatives—including a raft of fee adjustments for local businesses and suggestions of a 24-hour economy —have created fertile ground for expansion.
“The government’s measures, combined with the suggestion of a 24-hour economy by Finance Minister Prof. Mthuli Ncube, signal a clear commitment to fostering business growth,” said Ms Charlotte Tsungie Kapfunde, Foust Corporation’s general manager.
“These steps allow us to operate more efficiently and explore opportunities across Africa, leveraging our professionalism, efficiency, and integrity.”
Prof. Ncube’s vision for a 24-hour economy aims to increase productivity, attract investment, and expand trade, particularly in sectors such as logistics and distribution that underpin commerce and manufacturing. Analysts say that this policy direction could help Zimbabwean firms scale operations and integrate more fully with the African Continental Free Trade Area (AfCFTA).
Foust Corporation, known for its client-focused supply chain management and meticulous operational standards—internally referred to as “the Foust way”—is exploring strategic partnerships across Southern and East Africa.
“We see a significant opportunity to extend our footprint regionally while continuing to provide reliable services at home,” Ms Kapfunde added.
With government initiatives aimed at reducing bureaucratic bottlenecks, stimulating trade, and encouraging round-the-clock economic activity, Zimbabwean companies like Foust are increasingly well-positioned to tap into Pan-African markets. Observers suggest this combination of private-sector capability and policy support could mark the start of a new era of regional competitiveness for local firms.
