Finmin Mthuli Ncube on the investment case for Zimbabwe

Zimbabwe's Finance Minister Mthuli Ncube recently highlighted the investment opportunities in the country, emphasizing a long-term view for investors amid ongoing economic reforms. Speaking at the World Economic Forum on Africa in Cape Town, Minister Ncube stated that Zimbabwe is open for business and is working to protect investments to attract potential investors. He mentioned that the country is undergoing a transition in terms of economic reforms and urged investors to consider medium to long-term investments to reap significant benefits in the future. Minister Ncube pointed out various sectors like mining, tourism, agriculture, and infrastructure as key areas for investment in Zimbabwe. He stressed the opportunities available in these sectors, highlighting the potential for growth and development in the country's economy. The Minister also addressed the importance of driving inclusive growth in Zimbabwe through various policy initiatives and measures to ensure that all segments of the society benefit from economic progress. He mentioned policies aimed at providing food security, creating job opportunities, promoting financial inclusion, and fostering political inclusivity in the country. Minister Ncube also addressed concerns about currency stability and the impact on businesses, explaining the government's strategy to address these challenges and restore confidence in the monetary system. He highlighted the steps taken to stabilize the currency and create a competitive economic environment for companies operating in Zimbabwe. Minister Ncube reiterated his commitment to implementing sound monetary policies and aligning fiscal measures to support the country's economic reforms. Overall, Minister Ncube's remarks shed light on the investment potential and growth prospects in Zimbabwe, emphasizing the government's efforts to create a conducive environment for investors while driving inclusive growth and economic stability in the country.