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Business Daily: Is Zimbabwe Open for Business?

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Is Zimbabwe Open for Business?

03/09/2018 GMT

BBC World Service - Business Daily, Is Zimbabwe Open for Business?

We explore the challenges President Mnangagwa faces in reviving an ailing economy

We explore the challenges facing President Emerson Mnangagwa as his government works to revive the country's ailing economy.

Following the historic elections, we explore the challenges facing President Emerson Mnangagwa as his government works to revive the country's ailing economy. 

We ask investors if Zimbabwe is now a more attractive destination for expansion. Dr Charles Laurie is Head of Africa at global risk consultancy Maplecroft and Samir Shasha is CEO of Cambria Africa Plc, which has invested in a logistics business and a hotel. 

With an abundance of natural resources, including diamonds, platinum and gold, what role could minerals play in an economic revival? Hugh Warner is the Executive Chairman of Prospect Resources, an Australian company that's built a lithium mine just outside Harare. 

And the tourism business has just had an injection of cash. The Reserve Bank of Zimbabwe recently introduced a $15 million fund to support the industry. As the BBC's Vivienne Nunis has been discovering, there's still plenty of work to be done. 

(Picture: Stone sculptor Mayor Zvawanhu in his workshop. Credit: BBC)

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