Finance Minister Patrick Chinamasa and the Reserve Bank of Zimbabwe governor, John Mangudya
ZIMBABWE’S foreign direct investment (FDI) inflows retreated 48,6 percent from $372 million in 2016 to $289 million last year, a World Investment Report released yesterday by the United Nations Conference on Trade and Development (UNCTAD) shows.
According to the report, investment outflows from Zimbabwe also rose 44,8 percent to $42 million compared to $29 million in the prior year, largely due to the uncertain political environment which was prevailing during the time.
“FDI declined in Mali, Swaziland and Zimbabwe, where political uncertainty dampened investment prospects,” said the report which, however, noted that some noteworthy investment liberalisation measures have been undertaken in Zimbabwe.
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