Xinhua
12 Jun 2025, 13:45 GMT+10
Zimbabwe on Wednesday reaffirmed its commitment to enhancing the country's business environment to attract more Chinese investment.
HARARE, June 12 (Xinhua) -- Zimbabwe on Wednesday reaffirmed its commitment to enhancing the country's business environment to attract more Chinese investment.
A roundtable discussion on strengthening Zimbabwe-China business cooperation in the Zimbabwean capital of Harare gathered representatives from various government agencies, including the Zimbabwe Republic Police (ZRP), the Department of Immigration Zimbabwe, and the Zimbabwe Investment and Development Agency (ZIDA).
Felisters Chikandiwa, chief facilitator at ZIDA, highlighted China's strategic importance to Zimbabwe's economy, noting that China has been one of Zimbabwe's leading investment source markets over the past few years.
"From our investment figures, we have seen that there has been quite a high level of investment activities from the Chinese business community in Zimbabwe. We value the investment that the Chinese community is bringing into Zimbabwe," Chikandiwa said.
She further pointed out that Chinese investors have shown a strong interest in Zimbabwe's mining, manufacturing, construction, energy, and transport sectors, among others.
Abigail Moyo, chief staff officer responsible for crime in the ZRP, said, "We value cooperation between the Zimbabwean police and Chinese investors. We encourage continued communication and cooperation to ensure the safety and security of Chinese investors and their assets."
Munetsi Madakufamba, executive director of the Southern African Research and Documentation Center, a think tank based in Harare and one of the event organizers, highlighted the need to strengthen partnerships and promote mutual understanding between Zimbabwean authorities and Chinese enterprises.
"We aim to create a conducive business environment that supports sustainable development and mutual benefit," he said, adding that Zimbabwe has immense potential for growth and development, and Chinese businesses can play a pivotal role in supporting Zimbabwe's growth.
Noting that Chinese investment in Zimbabwe has been impactful and transformative, Madakufamba said China has indeed become a major player in Zimbabwe's economic landscape.
"What sets Chinese investments apart, if compared with those from other source countries, is the speed of implementation, size, impact, and transformative nature," he noted.
According to Madakufamba, Zimbabwe and China should work together to create a more favorable investment climate that attracts more Chinese investment and promotes sustainable development in Zimbabwe.
Get a daily dose of Kenya Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kenya Star.
More InformationZimbabwe on Wednesday reaffirmed its commitment to enhancing the country's business environment to attract more Chinese investment....
Mozambique and China have forged an enduring friendship over the past 50 years, with cooperation in development, education and infrastructure...
London [UK], June 12 (ANI): South African pace legend Dale Steyn reflected on Kagiso Rabada's five-wicket haul, saying that whenever...
JOHANNESBURG, 12th June, 2025 (WAM) -- At least 49 people were confirmed dead Wednesday as floods devastated one of South Africa's...
London [UK], June 12 (ANI): Former Australian cricketer Matthew Hayden said that South Africa will have to come out with more intent...
New Delhi [India], June 12 (ANI): Legendary South African and Royal Challengers Bengaluru (RCB) batter AB de Villiers penned a heartwarming...
Geneva [Switzerland], June 12 (ANI): Shafi Burfat, Chairman of the Jeay Sindh Muttahida Mahaz (JSMM), has issued an urgent and impassioned...
The US secretary of state has reiterated his hope for a lasting peace between Moscow and Kiev ...
New Delhi [India], June 12 (ANI): Congress Rajya Sabha MP Jairam Ramesh on Thursday stated that India's Diplomacy received three 'huge'...
Stockholm [Sweden], June 12 (ANI): Union Commerce and Industry Minister Piyush Goyal, during his three-day official visit to Sweden...
New Delhi [India], June 12 (ANI): BJP MP Nishikant Dubey on Thursday launched a sharp attack on Leader of Opposition in the Lok Sabha...
Stockholm [Sweden], June 12 (ANI): Union Commerce and Industry Minister Piyush Goyal, during his three-day official visit to Sweden...