RBZ Governor Says Appetite For Investment In The Country Has Improved
Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya says appetite for investment in the country has improved in the past few months from the time a delegation visited Wall Street in April this year.Dr Mangudya said this in New York City where is part of the delegation that accompanied President Mnangagwa to the UN General Assembly.
Dr Mangudya said some world renowned fund managers of Wall Street, the home if capital, are warming up to Zimbabwe’s invitation.
The country is in need of capital to revive its industry and grow the economy.
Said Mangudya:
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Sanctions have been a deterrent in efforts to access capital but we are happy that now there is an improved feeling with some companies wishing to help fight for the removal of ZDERA. Zimbabwe has also made steps to remove some of the obstacles like the recent holding of elections, the amendment of the indigenisation act and other reforms
More: ZBC
