Zimbabwe’s business community has endorsed operations of the Africa Investment Hub in Zimbabwe with focus being on the need to emulate government’s role in restoring the nation’s competitive edge as well as identifying opportunities for new projects.
Investment opportunities exist in Zimbabwe but it is the extent to which foreign and local people are tapping the resources to unlock value in the economy that needs interrogation.
With indications of improved inflows within the economy, the establishment of the Africa Investment Hub is expected to set the tone on modalities to solve constraints affecting investors, said Buy Zimbabwe chairman Dr Anxious Masuka.
“It is something that we have been yearning and we anticipate for the better in the near future,” he said.
An industrialist Mr Semere Tekie said the Africa Investment Hub will help towards macro economic development.
“Whoever though something can be done needs to be commended as we see light at the end of the tunnel for the hub,” said Mr Tekie.
Agribank chief economist Mr Joseph Mverecha added the setting up of the hub in Zimbabwe indicates commitment to ensure the vast resources in the country are fully exploited responsibly.
“It depends but we are generally happy by the sudden turn of the event which signal the best to come,” he said.
Whether the Africa Investment Hub is the ideal element towards increasing investments is a key area that will only be fulfilled in light of its ability to achieve the intended goals or targets.