Mthuli intensify investment drive
CLOUDINE MATOLA
Professor Mthuli Ncube, the minister of finance, economic development, and investment promotion, intends to step up efforts to promote investments and re-engage with foreign markets, focusing on Asia and Europe.
Speaking at the Zimbabwe Investment and Capital Markets Conference in London this week, Professor Ncube expressed his desire for the economy to be driven by the private sector, with the government serving as a support system by providing a solid macroeconomic base.
“As some of you may be aware, Zimbabwe has a Vision of becoming an upper middle-income status by the year 2030. Its achievement hinges on investment momentum by both the Government and the private sector.
“The thrust is to have a private sector led economy with the Government playing a facilitatory role of ensuring a stable macroeconomic environment, investing in appropriate physical and technological infrastructure, educating healthy individuals as well as access to international markets,” Prof Ncube said.
He added: “Private sector investment activities, particularly foreign direct investment (FDI) will complement the country’s national development efforts by enhancing technological transfer, deepening productive linkages and value chains as well as boosting overall competitiveness,” he said.
Furthermore, Professor Ncube said there were a variety of opportunities available in Zimbabwe, including those in mining , energy, agriculture and the capital market sector among others.
