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Article: Zimbabwe: the New Investment Frontier.
- Article from:
- TendersInfo
- Article date:
- August 13, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: babalu03
There are signs of economic recovery in Zimbabwe, thanks to a change in the political landscape, indicating that now might be the best time to invest. But the government of national unity (GNU) is still facing monumental challenges.
The question is how far is it prepared to go to propel economic recovery?
A key catalyst for a turnaround remains securing external funding, a major challenge for finance minister Tendai Mbiti who has the unenviable task of finding means to clear the US$5 billion debt Zimbabwe owes to foreign creditors, in order to restore a credit rating that can attract loans from the private markets.
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