• Addressing The Zimbabwean Business Environment

    The recent amendments to the Indigenisation and Empowerment Act and the slight adjustments on petroleum levies are massive steps to entice investors, as Zimbabwe opens up for new business. Other positives on the ease of doing business include the reduced waiting periods for permits, licenses, tax clearances and company registration time frames. By VICTOR BHOROMA Addressing the ease of doing business is part of transforming a composite local business climate, which may need more time and government commitment to fully develop. There is no doubt that the country has what it takes to compete with the best on the African continent or at least our Sadc peers in terms of foreign direct investment inflows. The World Bank Report (2017) on the ease of doing business ranks Zimbabwe 159 out 190 countries. The country averaged 163 from 2008 to 2017, reaching an all-time low of 171 in 2011 and a record

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  • President to Open Mining Investment Conference 27 – 28 February 2018

    The Herald Business Reporter PRESIDENT Mnangagwa is expected to headline the Zimbabwe Mining Investment Conference scheduled for next week in Harare where over 20 countries have expressed interest in participating. The conference, which is scheduled for February 27 and 28, will deal with the ease of doing mining business, investment opportunities and mineral value addition among other issues. President Mnangagwa will be supported by Mines and Mining Development Minister Winston Chitando, Finance and Economic Development Minister Patrick Chinamasa. African Chrome Fields national project director Ashruf Kaka and Liberation Mining CEO Victoria Tskhovrebov will also be part of the conference. Mining Development Minister Chitando told journalists that various investors are flocking to Zimbabwe for investment opportunities in the mining sector. “The event will be officially opened by His Excellency, President ED Mnangagwa and has attracted interest from over 20 countries and we are excited to have engagements with the Zimbabwean mining

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