WHY INVEST IN ZIMBABWE

In my latest blog I made a case that Zimbabwe will rise above its former economic status which has been lost over a decade ago.

I am confident that now that a new constitution is in place, a significant measure of development will be evident particularly with the soon coming elections.

History has it clearly printed on our minds as a reflection of what happened in Mozambique soon after the civil war that had ravaged the whole country, forcing many to seek refuge in surrounding countries including Zimbabwe.

As soon as the civil war in Mozambique ended and the US dollar was introduced as the main currency everything changed and the economy was transformed. There may be a lot yet to be accomplished but a significant change has been achieved.

The same happened in Zambia though the circumstances were different from that of Mozambique. The Zambian economy has improved since the change of government over the years. National change will always bring a shift in the direction of the nation's economy.

Change of governance and policy will make way for transformation and economic move towards a different direction.

Here I am not talking of changing the dominating political party but whatever shift in the governance will always provide necessary atmosphere for development. For example, when the two main political parties on Zimbabwe (MDC and ZANU PF) formed the unity government there has been a shift in the governance and policy. This shift can even be more when the new constitution becomes fully functional following an election.

Since the current government came into place, a significant measure of freedom was evident. Various sectors began to show signs of revival, roads, water, electricity, education and health just to mention a few. Farming began to show some potential, mining, banking sector, all began to revive.

It is therefore sensible to think and consider future investment in the Zimbabwean economy. It is now that ground can be initiated if any harvest is to be certain in the future.

Zimbabwe has a record of good economic performance and still has potential to rise up again.