Zimbabwe Government Beckons Malawian Investors

Zimbabwe’s Minister of Home Affairs and Cultural heritage Ray Kazembe Kazembe has invited business people in Malawi to invest in Zimbabwe.

The call comes in line with the 1995 bilateral trade agreement signed between Malawi and Zimbabwe allowing duty free imports on a reciprocal basis.

Speaking in Blantyre on Thursday the visiting Zimbabwe’s Homeland minister who is the country for official duties expressed the need for Malawian business community to consider expanding their entrepreneurial capacity by investing in Zimbabwe.

Meeting one of the country’s huge investors, Leston Mulli, kazembe said Zimbabwe has very incentive investment policies with the potential for economic growth benefiting investors in member states in the SADC region.

“Malawi can be exporting products like Chombe tea and Kirombero rice which have the potential to fetch a good market in Zimbabwe.” Stressed Kazembe.

In his remarks the managing Director for Mulli Brothers Limited, Leston Mulli applauded the government of Zimbabwe for opening up business investment opportunities in line with the Common Market of Eastern and Southern Africa (COMESA) trade protocols.

“I am really excited and privileged to meet the Zimbabwean government officials, we discussed various issues which can help our business expansion drive, we must take advantage of this opportunity to help the government to improve the economic status of the country,” said Mulli.

Meanwhile, the country’s Homeland Security Minister Kenneth Zikhale Ng’oma emphasized that Malawi government is working hard supporting opportunities with prospects for economic growth even if it means investing abroad.

Malawi’s Homeland Security Minister Kenneth Zikhale Ng’oma added that government of President Lazarus Chakwera’s bilateral and investment policies focuses on sound relations with the regional countries in order to improve trade.