The state is adopting an investor-friendly stance in a bid to woo foreign investors, but won’t budge on resources.
Investment in new machinery and a focus on transport systems will induce growth.
Analysts say the problem bedevilling the delisted companies is the result of a liquidity crunch in the economy.
In a move widely perceived as an attempt to resuscitate Zimbabwe’s frail manufacturing sector, the government has restored import duties on basic food
At Bulawayo’s posh Rainbow Hotel, Saviour Kasukuwere, shares a guffaw with the business executives sitting next to him.
After a year which saw the official inflation rate surge to 8 000%, shelves run dry and opposition leaders beaten up, few people in Zimbabwe can wait to see the back of 2007. While President Robert Mugabe hopes to secure a seventh term of office in elections next year, he is unlikely to trade heavily on his government’s recent economic performance.