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07 Jul 2006 00:00
There is a significant South African business presence in Zimbabwe. About 27 of our biggest listed companies have operations there, and a number are also listed on the Zimbabwe Stock Exchange.
Some of these are its top performers.
Strong economic ties were maintained despite the often mismatched political dispensations on either side of the border. Zimbabwe was, until recently, South Africa’s most important trading partner in Africa, and one of the 15 countries globally with which South Africa exchanges the highest volume of trade.
Local companies operating in Zimbabwe continued to find ways to deal with the country’s distorted and largely dysfunctional economy in order to maintain a presence there in expectation of eventual political change and economic recovery.
The main findings of research conducted into the experiences of companies operating in, and doing business with Zimbabwe include:
Extract from Dianna Games’s Nation in Turmoil, part of the South African Institute of International Affairs’s Business in Africa research project
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