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Friday, March 29, 2024
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US delegation hails Zim

The US business delegation which is in the country as part of regional trade mission to Zimbabwe and Zambia has hailed the country saying it possesses encouraging investment opportunities.

The delegation which is travelling under the banner of Corporate Council for Africa (CCA) is in the country to explore business opportunities. The mission is being hosted by the American Business Association of Zimbabwe (ABAZ).

Speaking during a press briefing held in the capital today, Phillip De Leon, the Executive Board Member of CCA, applauded the country for its wide range of investment opportunities.

“There are business opportunities everywhere and this is the same with Zimbabwe.  There are a lot of investment areas in Zimbabwe,” he said adding that he will make positive recommendations about Zimbabwe when he goes back to the United States.

De Leon who is also the head of the CCA team visiting Zimbabwe said, “We have been helped with clarification on the 51% rule and this has enabled us to understand the situation.”

The group is willing to invest in the mining, agriculture, energy, engineering, waste technology and financial sectors.

Emirates

De Leon, who is also the Director of AGCO group, revealed that he is willing to invest in the country’s agricultural sector.

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“My goal is to see how we can boost agriculture in Zimbabwe and get a clear understanding of the trends in this sector.

“For the little time I have been in Zimbabwe, I’m happy to say that I now quite understand the trends in Zimbabwean business,” he said.

He went on to say that the only thing that is left is to bring the solutions to the Zimbabwean problems.

Tinashe Rwodzi, a member of American Business Association of Zimbabwe (ABAZ) said that he is very excited to have the American delegation visiting Zimbabwe.

ABAZ is a Zimbabwean business organisation whose primary objective is the promotion of business between Zimbabwe and the US.

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Nigel Mugamu is extremely passionate about the use of tech in Africa, travel, wine, Man Utd, current affairs and Zimbabwe.

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