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Beitbridge Bureau

Zimbabweans must exploit business opportunities in Mozambique and enhance the Second Republic’s economic diplomacy policy since ties between the two countries present an optimal environment for investment by corporates.

This was said by Zimbabwe’s Ambassador to Mozambique, Douglas Nyikayaramba during a virtual Market Survey Seminar in the neighbouring country on Wednesday.

He said there were a lot of investment opportunities and the Covid-19 pandemic has presented an ideal opportunity for Sadc countries to increase trade and investment among themselves to improve the livelihoods of their citizens.

“It is very import for our business people to understand that Zimbabwe and Mozambique enjoy very excellent and stable political relations, which are a sound basis to build strong business and trade relationships going forward,” said Ambassador Nyikayaramba.

“Mozambique also has over 31 million people, double the size of Zimbabwe that presents a very huge market for our goods and services. Therefore, for serious business people who are producing consumptive goods at home this a market for Zimbabwe. It is producing low hanging fruits considering that the Second Republic’s model is economic diplomacy.”

He said Mozambique has a high rural population and several coastal cities, which naturally present a market that will demand goods and services.

“Mozambique has a coastline of 2500 km and of note is that most of the beach fronts are yet to be exploited and are ideal for investment in tourism-related businesses.”

“There is also excellent tourism in this country, particularly in the Gorongoza area and there is a scope for partnerships in that area to realise improved tourist arrivals inthe county.”