Zimbabwe Assures Investors of Repatriation of Profits.

The Zimbabwean government has re-assured foreign investors it is ready to facilitate easy repatriation of proceeds from their investments in Zimbabwe when it matures or as profits are being made.

Zimbabwe is on an aggressive drive to lure foreign direct investment to boost its economy while also enhancing improved business operations by local entrepreneurs. Guided by the National Development Strategy also called NDS1 from 2021 to 2025 the country is working on transforming its economy towards an upper middle-income status by 2030.

Starting with the Transitional Stabilisation Programme (2018-2020), and now the NDS1, the Second Republic led by President Mnangagwa has continued to enhance the ease of doing business, which has been implemented through fiscal consolidation and monetary policy reviews.

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In the past, potential investors used to complain over challenges associated with repatriation of their proceeds from the investments, which is now a thing of the past.

Addressing potential investors who attended the Zimbabwe Health Investment Conference here on Monday, Acting Minister of Health and Child Care, Professor Amon Murwira, said Zimbabwe is open for doing business with any serious investor.

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