Investment opportunities in Zimbabwe – towards a new dawn?
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Zimbabwe is at a turning point, write Kwadwo Sarkodie (pictured), Partner, and Joseph Otoo, Senior Associate, Mayer Brown. The need to attract investment is critical to kick start the economy. The current economic situation in Zimbabwe is dire, with continuously contracting per capita income, a significant fiscal deficit and an official currency, which trades on an informal market at a premium of about 30%. However, there are significant investment opportunities across almost every sector of economic activity, including energy, mining, infrastructure development, tourism, hospitality and agriculture.