Economic Planning Minister Tapiwa Mashakada today said China could invest up to $10 billion in Zimbabwe. “We have met with officials from China Development Bank and they have said they are willing to invest up to $10 billion in Zimbabwe,” he said but he did not state when that investment would take place. “The Chinese are now moving towards strict due diligence, accountability and transparency. At the end of the day this really depends on us, how we position ourselves as a destination for investment. China is coming in a very big way,” Mashakada said.
(36 VIEWS)
The role of social media on how people get their news in Zimbabwe is being…
Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…
The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…
Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…
The United States lost its place as the most influential global power in Africa last…
The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…