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Foreign Investors Shun Zimbabwe

The Zimbabwe Investment Authority has indicated a sharp decline in the country's 2012 investments compared to the previous year, with analysts blaming political uncertainty.

  • Zimbabwe:   Zim Investment Falls

    The Herald, 9 January 2013

    ZIMBABWE'S investment approvals fell to US$930 million last year, from US$6,6 billion a year earlier, which analysts say is "illustrative of an abysmal" investment climate. The… Read more »

IRIN

Zimbabwe's capital, Harare

  • Zimbabwe:   More Than 3 000 Workers Retrenched in 2012

    Zimbabwe Standard, 6 January 2013

    More than 3 000 workers were retrenched across sectors in Zimbabwe between January and September 2012, the Employers' Confederation of Zimbabwe (Emcoz) has revealed. Read more »

  • Zimbabwe:   'Year's Market Moved By Foreign Investors'

    Zimbabwe Independent, 21 December 2012

    THE Zimbabwe Stock Exchange (ZSE) is heading for a lukewarm close after trading this year was largely subdued by low liquidity of domestic investors, election concerns and negative… Read more »

  • Zimbabwe:   Cabinet Okays Essar Deal

    The Herald, 19 December 2012

    OPERATIONS at New Zim Steel are expected to resume next month after Cabinet guaranteed the investor that the initial deal signed between the Government and Essar Group stands. Read more »

  • Zimbabwe:   China Now Zim's Third Biggest Trade Partner

    The Herald, 14 December 2012

    CHINA now ranks as Zimbabwe's third biggest trade partner after South Africa and the European Union with trade volumes in the first 10 months of this year pegged at US$750 million.… Read more »

  • Zimbabwe:   SA Cement Maker Invests in Zim

    Financial Gazette, 3 December 2012

    TEREA Africa, a South Africa based cement trading and mining company, is to invest about US$ 1 million into Tantalite mining in Zimbabwe and is looking for acquisitions of key… Read more »

  • Zimbabwe:   Japan Eyes Zim Coal

    The Herald, 6 December 2012

    GOVERNMENT says Japan wants to import about 15 million tonnes of coal from Zimbabwe every year, a development that will boost the coal industry. Mines and Mining Development Deputy… Read more »

  • Zimbabwe:   Mugabe Taking Zim Nowhere

    Zimbabwe Independent, 23 November 2012

    REMARKS in yesterday's NewsDay by Indian ambassador to Zimbabwe, Jeiteendra Tripathi, that foreign investors are now scared of investing in the country due to the mishandling of… Read more »

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