THE recent uptick in foreign-owned companies leaving Zimbabwe presents a complex situation for the country’s investment profile but opens up new opportunities for local businesses, analysts say.
Experts this week said this trend, escalating throughout this year, underscores Zimbabwe’s challenging business environment while providing a chance for domestic players to step in.
It comes as South African-based industrial packaging company, Nampak Group, has decided to sell its 51,43 percent stake in Nampak Zimbabwe to TSL, a local agro-industrial company, for up to US$25 million.