Business

Zida probes why investors are exiting Zim

NewsDay Staff ·

Zida probes why investors are exiting Zim

THE Zimbabwe Investment Development Agency (Zida) has established an aftercare unit to relook into the issues affecting investors leaving the country.

Over the years, several international companies have been exiting the country, while prospective investors have been sitting on the fence citing the challenging economic environment and high country risk, among other issues.

A volatile economic and political environment as well as policy inconsistency since the turn of the millennium have also precipitated rapid capital flight, with investors expressing concern over bottlenecks in the economy.

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