Foreign Direct Investment in Jeopardy

Foreign direct investment in Zimbabwe is in jeopardy after the majority of Zimplats shares were handed over to locals through the ongoing indigenisation policy.

What this experience has brought forth according to the  @dailynews.co.zw as Richard Honey, an investment principal with Investec Asset Management explains  that The government’s handling of the Zimplats case was a clear picture of Zimbabwe’s investment climate.

Important synergies should be formed such as those with European Union nations...Image courtesy of http://www.freedomsphoenix.com/Uploads/Graphics/002-0731162132-European-Union.jpg

“Zimplats came to invest in Zimbabwe at the most difficult time and they complied with what was required then…now they are required to do something else because the environment has changed,” said Honey.

The indigenization policy should take care not to overshadow any form of foreign direct investment