Showing posts with label Zanu-PF. Show all posts
Showing posts with label Zanu-PF. Show all posts

Tuesday, 26 August 2014

Zimbabwe economy: Investments plunging, says bank governor

Foreign investment in Zimbabwe more than halved in the first six months of the year, the country's central bank chief John Mangudya has said.
"The country received a paltry $67m [£40m] compared to $165m during the same period in 2013," he said.
The government policy to hand economic control to black Zimbabweans had been misunderstood by investors, he said.
Meanwhile, Zimbabwe has signed nine investment deals in China during President Robert Mugabe's visit.
The country's state-run Zimbabwe Herald newspaper says they included investment in sectors such as energy, roads, railways, telecommunications, agriculture and tourism - but