Ambassador Thorsten Hutter said one of the issues demanded by both German and Zimbabwean CEOs is a reliable policy context.
Germany's ambassador to Zimbabwe has said that Germans are keen to invest in Zimbabwe, but first want assurances about the security of their investments as well as clarity on policy.
Media reports say ambassador Thorsten Hutter said one of the issues demanded by both German and Zimbabwean CEOs is a reliable policy context.
“They want to know what the rules and regulations are between now and say for the next four years," Hutter was quoted as saying.
The EU sanctioned Zimbabwe in 2002 following human right abuses and faulty democratic procedures by President Robert Mugabe and his government.
According to reports, Germany is demanding for compensation of land snatched from its citizens during Zimbabwe's controversial land reforms in 2010.
Reports in 2016 indicated that Mugabe and his government were evaluating properties to give land back to white farmers as the government tries to rekindle relationships with the west and lure investors.
Are you impressed, have any concerns, or think we can improve this article? Comment below or email us.