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Wednesday, 28 August 2013

ZIMBABWE TRADE AND INVESTMENT EXPO MAY 2014

ZIM TRADE AND INVESTMENT EXPO 2013 

WE HAVE A VISION TO  FULFILL A DREAM




http://www.zimtradeandinvestment.com/index.php?option=com_content&view=featured&Itemid=101


We have a vision and dream to see Zimbabwe propsper, achieve double digit growth projections, create wealth and full employment as the SADC business regional Hub. The Zim Trade and Investment Expo seeks to harness purpose driven investment to kick start and rejuvenate all sectors of the economy and to interface and compete with the rest of the world. This Business Expo comes at an ideal time and moment following stabilisation of the socio-political climate conducive for business growth. The recent launch of the Investment Promotion Handbook at the ongoing UNWTO Tourism Conference in Victoria falls demostrates the commitment by key decision makers in fostering economic growth.


APPETITE FOR FOREIGN DIRECT INVESTMENT AND WHY EXHIBIT


Zimbabwe's Medium Term Investment Plan emhasises govt commitment to raise foreign direct investment levels from the current 4% of GDP to at least 25% by 2015. It has huge endowment of mineral wealth and an educated highly literate workforce with an adult literacy rate of 92 percent. Zimbabwe needs business partners and investors in almost all sectors of the economy and is poised for growth. The country's inflation has been on a consecutive downward spiral over the past six months, with a cumulative marginal fall of 1.73 percent, making the lowest inflation rate in the SADC region. Zimbabwe adopted the multi-currency system and currently uses the US$ which hedges investors and guarantees currency stability from any possible currency fluanctuations which impact on possible devaluation against other major currencies. The problems of red tape were eliminated following the launch of the One-Stop Shop Investment Centre in December 2010, designed to simplify and shorten procedures and guidelines for investment proposals.


OPPORTUNITIES IN ALL SECTORS OF THE ECONOMY


Opportunities in the agriculture sector, the mainstay of Zimbabwe’s economy, include mechanisation, value addition of agriculture produce, horticulture, dairy and livestock.The infrastructure sector offers opportunities in energy, transport, water and sanitation, housing and construction, information communication and technology and SMEs. Mining sector investment opportunities exist in exploration, resuscitation of existing companies, establishing new mines as well value addition among other areas. Zimbabwe's gold deliveries for the month of May increased marginally by 4,6 percent from 1 081,93kg in April 2013 to 1 131,27 kilogrammes in May as output by small-scale miners registered a significant growth whilst the Railways infrastructure needs about US$2 billion for its rehabilitation.

Manufacturing has traditionally been one of the key drivers of the Zimbabwean economy and the sector presents numerous opportunities in the sub-sectors of food and beverages, leather and leather products, packaging and plastics, metals and metal products, textile and clothing, chemicals, ICTs and pharmaceuticals production. The govt has committed itself to support the resusitation of ailing and struggling industries in Bulawayo and Harare. A well developed and diversified financial services sector offers opportunities in insurance industry, money and capital markets development and micro- finance banking.FBC recorded a 20 percent increase in after tax profit to $8.3 million during the financial period ending June 30, 2013 as it continues to be well placed to exploit the new business environment whilst ECOBANK Zimbabwe's profit before tax leapt 2 300 percent to $1,2 million in the half year to June largely driven by growth in interest income.


REGISTER EARLY DUE TO LIMITED PLACES AND HIGH DEMAND!

It is absolutely essential and worthy-while to participate at this Business Expo to interact with key policy and decision makers and make the right investment decisions that will spur growth and prosperity for serious investors and industry players. Follow this link for more detai;ls about this prestigious event which is a must to attend and participate.

http://www.zimtradeandinvestment.com/index.php?option=com_content&view=featured&Itemid=101

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