Government rethinks incentives for foreign investors

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ZIMBABWE is set to unveil a revamped incentive framework to boost foreign investment, as several international firms continue to exit the country due to a challenging operating environment.

The departure of multiple foreign-owned companies from the local market remains a major concern. Notable exits include Choppies, a Botswana-founded retail company with stores across four southern African countries, which entered Zimbabwe’s retail sector in 2013 but has since withdrawn.

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