HomeBusinessZimTrade team heads for Rwanda

ZimTrade team heads for Rwanda

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BY SHAME MAKOSHORI

ZIMBABWE’S trade promotion body ZimTrade, says it plans to take about 100 local companies to Rwanda as part of efforts to unlock trade and investment opportunities.

ZimTrade chief executive officer Allan Majuru told a virtual trade and investment conference on Tuesday that the trip would boost the economy.

“ZimTrade will be taking 100 companies to Rwanda and we will stand guided by our hosts on the numbers with regards to the COVID-19 protocols,” Majuru said.

The ZimTrade boss was concerned that trade between the two countries was low.

“Trade between Rwanda and Zimbabwe has been insignificant. We are trying not to look for trading opportunities but we are also looking at creating a platform where Rwanda uses Zimbabwe as a platform to extend its services to countries this side of the region,” he added.

In response, Claire Akamanzi, the Rwanda Development Board chief executive said the east African country was ready to work with Zimbabwe.

“We are ready to welcome the business delegation from Zimbabwe. We hope this conference is going to increase trade between the two countries. As Rwanda we continue to offer a conducive environment for investment,” Akamanzi said.

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