Business in Brief: Zim embarks on SA road show


The Economic Planning and Investment Promotion ministry will next week lead a delegation to scout for potential joint-venture partnerships, export and import opportunities in neighbouring South Africa as the country eyes regional markets in the wake of the eurozone crisis.

The ministry will hold a multi-stakeholder road show in Gauteng province from March 1 to 2.

The Gauteng road show will focus on mining, agriculture, tourism, manufacturing and information communication technology among other key sectors.

Permanent secretary in the ministry, Desire Sibanda, said the road show will showcase investment opportunities in various sectors of the economy
South Africa is Zimbabwes largest trading partner and the two countries have already signed a Bilateral Investment Promotion and Protection Agreement.

Zimbabwe should seize the opportunity to tap FDI from within Africa since the eurozone countries and America are still in a serious debt crisis, Sibanda said.

He said the objective of the trip was to access financing and technical partnerships with South African and international financiers and developers for targeted Zimbabwe infrastructure projects.