Investment opportunities exist in Zimbabwe: Thabethe

Thabethe and a 40 member business delegation from South Africa are on an Investment and Trade Initiative (ITI) in Zimbabwe.

"The fact that this is the third time that we are in Zimbabwe this year with different groups of businesspeople means that we have identified the unlimited opportunities that exist in the Zimbabwean economy.

"The ITIs are part of the Department of Trade and Industry's Export and Investment Promotion Strategy that focuses on targeted high growth markets with the objective of creating investment and export opportunities for the South African companies," said Thabethe, who was speaking at a seminar in Harare on Monday.

The onus said the deputy minister is on businesspeople from both countries to work together in turning them into tangible economic benefits.

She added that South Africa was committed to contributing to the growth and development of the Zimbabwean economy, and urged businesspeople from both countries to contribute by establishing joint ventures and exploring the countless opportunities available in Zimbabwe.

"As South Africa, we have recognised that Zimbabwe like many African economies has strategically positioned itself and is striving to provide enabling economic environment to attract the foreign direct investment (FDI), but also to reap the economic benefits that the FDIs can offer," said Thabethe.

Thabethe arrived in Zimbabwe on Sunday.