The socio political developments in Zimbabwe during the past decade had impacted negatively on the economic ties with its neighbouring country, Botswana.
The unfriendly relations that existed between Zimbabwe and Botswana over the past decade affected trade between the two nations.
One of its towns, Francistown used to provide huge market to Zimbabwean products as a result of its proximity to Bulawayo and the sour relations have created economic barriers.
University of Zimbabwe department of economic history chairperson Dr Ushehwedu Kufakurinani said the sour relations resulted in Zimbabweans facing challenges into crossing to Botswana thereby affecting the economic situation of Zimbabwe.
“Botswana had nothing to lose as a result of the sour relations but our relatives faced challenges when they wanted to go and work in the neighbouring country with improved relations we can expect them to invest in Zimbabwe,” he said.
Dr Kufakurinani said Botswana has huge financial reserves and has the capacity to offer credit to other African nations.
“We can actually borrow from Botswana it is one of the few African countries that has the capacity to lend money. They have huge reserves of money and we can take advantage of the improved relations to our advantage,” added Dr Kufakurinani.
Economic analyst Mr Costa Anjos believes Zimbabwe can learn from Botswana’s flourishing diamond industry.
“We can learn from their diamond industry because they have been in the industry for a long time and we can learn a lot from them,” he said.
The two countries used to benefit from each other through skills development and employment.
Hope has not been lost that the renewed economic ties will see the two countries foster better deals for economic recovery.