Government has reaffirmed its commitment to promoting and guaranteeing a safe investment climate under the new dispensation with revelations that the process to give legal effect to the pronounced amendments to the indigenisation policy has already started through the gazetting of the Finance Bill released yesterday.
A few weeks after the Finance and Economic Development Minister, Cde Patrick Chinamasa announced the crucial amendments to the indigenisation policy, the investing community were still cautious with many seeking further clarity on when the amendments will be implemented.
The major stride to assuring the investing community is the gazetting of the Finance Bill which will give effect to proposals on tax, value-added tax, customs and excise duties and mining royalties, enunciated during the 2018 national budget.
At a meeting to identify investment opportunities under the new economic order held in the capital today, government once again reassured the investing community of its commitment to providing a conducive investment climate going forward.
Various investment opportunities were identified in key economic sectors under the new economic order that range from the telecommunication sector, agriculture and infrastructural development among others.
Coupled with such opportunities is the positive signal coming from regional financiers which brings hope for a quick turnaround of the country’s economy.
Under the current drive to reboot the country’s economy, government said it is open to doing business with every player and is currently engaging key multi-lateral institutions to assist in the revitalisation of the country’s economy.