Zimbabwean finance minister urges more foreign investment after partial lifting of sanctions


  • World
  • Wednesday, 12 Jun 2024

HARARE, June 11 (Xinhua) -- Zimbabwean Finance Minister Mthuli Ncube on Tuesday encouraged foreign investors to take advantage of investment opportunities in the southern African country following the partial lifting of U.S. sanctions.

Ncube made the call during the Zimbabwe Investment and Capital Markets Conference in London, the United Kingdom, saying the Zimbabwean government is concerned that President Emmerson Mnangagwa, some individuals, and businesses remain under sanctions through the Zimbabwe Democracy and Economic Recovery Act (ZIDERA) of 2001.

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