Articles tagged 'zia'

Zim to open door further to foreign investors 29 December 2016 HARARE - Faced with a deep recession, Zimbabwe is looking to lure foreign investments in 2017, saying it will allow more foreign participation in its main market, in the latest step towards shoring up the country's stuttering economy. Macro Economic Planning and Investment Promotion minister O...
'Zim must craft clear, cohesive FDI policies' 16 December 2015 HARARE - Zimbabwe must improve its business environment in order to attract more foreign direct investments (FDI) into the country and ensure economic and sustainable development, an investment authority top executive has said. The Zimbabwe Investment Authority (Zia) chairman, Nigel Chanakira,...
Standard Chartered named 'Investor of the Year' 9 November 2015   HARARE - Standard Chartered Bank Zimbabwe (StanChart) has been named Investor of the Year by the Zimbabwe Investment Authority (Zia) as well as the winner in the financial services sector — banking category. This comes as the Standard Chartered Plc subsidiary has been positively contribut...
Treat investors fairly, Zim urged 13 September 2015 HARARE - The Bankers Association of Zimbabwe (Baz) has warned government to stop prioritising certain investors at the expense of others. Baz president Sam Malaba said the same treatment awarded to Nigerian billionaire Aliko Dangote must be extended to all who wish to invest in Zimbabwe. “T...
Britons plan $100m Zim investment 31 October 2014 HARARE - The Zimbabwe Investment Authority (Zia) says some British investors are keen on investing $100 million in the country’s energy sector. Nigel Chanakira, the Authority’s chairman, said the investors have enquired with Zia about the investment — an engagement he said was “the first of it...
One-stop shop investment concept stalls 6 October 2014 HARARE - Government's one-stop shop investment concept is yet to be implemented due to lack of enabling legislation and framework. Zimbabwe launched the one stop shop in 2010, with focus not only on boosting foreign direct investment, but to also to improve the ease of doing business in the co...
Zim must harmonise investment laws 3 July 2014 HARARE - Zimbabwe must work on harmonising the indigenisation and investment laws to improve the ease of doing business in the country. For the past few years, the country’s global ranking on the ease of doing business has been dropping consistently due to the controversial investment policies...
'Zim lacks clear policy on foreign firms' 3 July 2014 HARARE - Zimbabwe lacks comprehensive policies that govern the registration and operation of foreign firms, the Zimbabwe Investment Authority (ZIA) says. Richard Mbaiwa, the Authority’s chief executive, told a Foreign Affairs parliamentary portfolio committee yesterday that government must for...
Let's build on current momentum 10 June 2014 HARARE - Elsewhere we report that Zimbabwe is ready to normalise relations with Denmark and the European Union (EU). The EU has already warmed up to President Robert Mugabe’s administration which, slowly but surely is beginning to mellow after years of obstinacy and bickering with the West an...
Zim FDI nosedives 10 January 2014 HARARE - The Zimbabwe Investment Authority (ZIA) approved foreign investment projects worth nearly $700 million last year, down from close to $1 billion recorded in 2012. Statistics from the authority revealed that $685 893 756,58 worth of projects went through between January and December 201...