DIPLOMATS TO INDIA EMPIRE

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ZIMBABWE

 

JANUARY 2018

 

Zimbabwe's remarkable resource and human capital endowment has made it an attractive destination for investment. Mining is the fastest growing sector and contributes significantly to GDP. Zimbabwe is amongst the 11 African nations that have at least one major mineral that ranks amongst the top 10 global resources giving it the status of a global resource country. Zimbabwe has over 40 different minerals, chief among them gold, platinum, lithium, chromite, nickel, coal, diamonds, iron ore, tin and copper. Foreign investors are allowed to own 100 per cent shareholding for mining operations in all minerals except for platinum and diamonds which the foreign investors is expected to jointly own with Government on a 51 per cent-49 per cent basis. Zimbabwe is a signatory to and a member of the following Investment Protection Agreements: International Centre for the Settlement of Investment Disputes (ICSID)/Zimbabwe acceded to the World Bank's Multilateral Investment Agency (MIGA) in September 1989/Bilateral Investment Treaties (BITs) and the Double Taxation Treaties (DITs).

-H.E. Mr Maxwell Ranga, Ambassador of the Republic of Zimbabwe to India

JULY 2017

 

Zimbabwe experienced a bumber maize harvest this agricultural season thus fulfilling its Food and Nutrition Cluster under its economic blueprint, Zimbabwe Agenda for Socio-Economic Transformation (ZIM-ASSET). The bumper harvest was mainly due to the Special Maize Import Substitution Programme commonly known as “Command Agriculture” reinforced by the Presidential Well Wishers Agriculture Inputs Scheme. The country has also introduced Command Wheat Agriculture. It is in this realm that the Government of the Republic of Zimbabwe through the relevant line Ministry wishes to partner with relevant Indian companies in not only going into Joint Ventures in the agro-processing sector that stresses on value addition of farm products but also the sourcing of agricultural machinery and equipment, including irrigation equipment, thereby assisting Zimbabwe in reclaiming its bread-basket status in the region and the African continent at large.

-H.E. Mr Maxwell Ranga, Ambassador of the Republic of Zimbabwe to India

DECEMBER 2016

 

Tourism is Zimbabwe's fastest growing industry as the country offers a large variety of scenery and one of Africa's fines and largest concentrations of wildlife. The country's perfect climate ensures that it has an average of 7 hours of sunshine throughout the year. The power of tourism as an economic development tool makes it one of the strategic investment sectors in the world and for Zimbabwe tourism offers great potential for employment creation, generating foreign currency and spreading wealth and economic development into remote parts of the country. Zimbabwe is home to a wonderful people and culture; the Majestic Victoria Falls; Hwange National Park; the Great Zimbabwe; Kariba Dam; the Mighty Zambezi River; Pristine Wildlife and Nature; the Eastern Highlands, Matopo Hills; Mana pools. Sports Tourism is in no doubt endowed with numerous natural resources and attractions that make it an enviable destination for trade and investment.

-H.E. Mr Maxwell Ranga, Ambassador of the Republic of Zimbabwe to India