The government has since January this year received numerous enquiries on ICT sector opportunities from investors in response to the Zimbabwe is open for business mantra.
The launch of a regional ICT firm which will be operating in Zimbabwe is a clear demonstration the Zimbabwe is open for business mantra is yielding the desired results.
The country is ready to embrace the benefits of internet access, and the power and opportunity that can be yielded for new businesses.
Khusela Business Intelligence Technologies or KBIT, is an international company founded by a Zimbabwean.
The company offers business ICT solutions across the world and they are now coming to open some branches in the country.
The Permanent Secretary in the Ministry of ICT and Cyber Security Engineer Sam Kundishora says regional and global telecommunication firms are interested in setting up projects across the country, and the ICT sector has the potential for growth in the short to long term.
Khusela Business Intelligence Technology Chief Executive Ms Francesca Nxe-Dhlana says her company is setting up projects in Zimbabwe on the realisation of anticipated better returns with renewed investor confidence being a key element.
According to the Postal and Telecommunications Regulatory Authority of Zimbabwe, the ICT sector has a potential to create employment opportunities, generate more revenue and boost economic growth opportunities.
The African telecoms market is growing at a rate of 21 percent, aggressively driving the economic development of the continent.