ZIA – Zimbabwe too corrupt to attract Foreign Direct Investment

Posted by Maveriq

The Zimbabwe Investment Authority (ZIA), says that it is difficult to attract Foreign Direct Investment (FDI) because Zimbabwe is regarded as a very corrupt country.  Apart from the corruption, Zimbabwe is also regarded as  economically and politically unstable .  Those are not the only unfavourable factors that are limiting investors however, with two other factors being perceived bad governance and poor infrastructural development.

ZIA, Chief Executive Officer,  Richard Mubaiwa said:

These (negative perceptions) hold back the image of the country as an investment destination and consequently the country is not attracting significant levels of investment consummate to our resource endowments.

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