By Tendai Matunhu

The coming in of the New Dispensation has seen several improvements having been and still being implemented in the country so as to enhance investor confidence notably in the Land Reform Program and the Mining Sector.

SIVIO Institute Executive Director, Tendai Murisa in his research findings revealed that in the Agricultural Sector, the issue of multiple farm ownership and compensation of white farmers is being done so as to boost investor confidence.

“Central to improving production and advancing this (agriculture) sector is the resolution of issues emanating from the fast track Land Reform Program such as the compensation question, multiple farm ownership as resolving issues around land tenure to improve investor confidence in the sector.

“Government has set aside RTGS53 million for compensation and US$817.14 million (15.2%) towards Agriculture, the highest amount ever allocated to agriculture since dollarization. A land audit is underway. It is anticipated that findings from the land audit will lead to farm size rationalisation and resolution of multiple farm ownership,” he said.

Murisa also revealed that the Mining Sector has been noted to be another key contributor to Zimbabwe’s economic recovery as the country works on attracting foreign investors.

“Mining has been touted by the Government as a key contributor to the country’s economic revival. Government has been focused on attracting foreign investors to participate in the sector. By March 2019, Government had scrapped the indigenisation requirements for those involved in Mining,” he said.

Harare Post has learnt Government is progressing towards the full achievement of its intended goals of engaging the international community to invest in the country. Recently Zimbabwe and Belarus signed deals worth US$350 million in Harare which are going to see the construction of a power plant, transport, logistics and development of Agriculture projects.