Zimbabwe- Business Opportunities
The Ambassador of Embassy, The Republic Of Zimbabwe Dr. Godfrey Majoni Chipare accepted the Honorary Membership of Global India Business Forum, in the presence of Global President Dr. Jitendra Joshi and Global Youth Coordinator Mr. Abhishek Joshi. Realizing the strengths of Global India Business Forum and the Consulate of the Republic Of Zimbabwe and conscious of the benefits to be derived by both organizations and its members through this mutual understanding, both parties will be associated with each other in mutual cooperation to facilitate mutual investment, trade and economic cooperation complimented by knowledge sharing, training, certification and networking.
The Republic of Zimbabwe, or simply called Zimbabwe or Rhodesia, is a landlocked country in Southern Africa, sharing its borders with countries like South Africa, Botswana, Zambia and Mozambique. The capital of the country is Harare and it is also the largest city in the country. Zimbabwe's population currently stands at 1,48,62,924 and has 16 official languages. Among these 16 languages, English, Shona and Ndebele are the most commonly spoken. Zimbabwe was declared independent on April 18, 1980 by Prince Charles, who was the representative of Britain at the time. Robert Mugabe was the Prime Minister of Zimbabwe from 1980 to 1987 and then went on to become the President of the Country in 1987 right till 2017, which makes his tenure of 30 long years. Zimbabwe has a tropical climate with varying climatic conditions in different parts of the country with extreme heat conditions in the Zambezi valley and the Eastern Highlands having cool temperatures and the highest rainfall in the country.
Business Opportunities in Zimbabwe
Since Zimbabwe is rich in deposits of minerals, precious metals and stones like gold and diamonds, this becomes a lucrative business opportunity for the countries who want to import these precious metals and stones. The mining industry is booming in Zimbabwe as the country has the world’s largest deposits of platinum. The country is also rich in terms of wildlife as there are dense forests spread across the country and the country also boasts of a rich variety of wildlife creatures too. So this is a good business opportunity for the country’s tourism sector as the tourism sector can help Zimbabwe’s economy grow.
Exports and Imports in Zimbabwe
With mining and agriculture being the main industries that support Zimbabwe’s economy, there are a lot of major exports taking place like precious metals like gold, platinum, etc. and also precious stones like diamonds. Another important export is tobacco. On the other hand, Zimbabwe’s top imports are machinery and motor vehicles, full and foodstuffs.
Top Exports of Zimbabwe
Zimbabwe’s top exports are gold, platinum, diamonds and tobacco. Tobacco exports occupy 23% of the country’s total exports. The top export partners of Zimbabwe are South Africa, China, Congo and Botswana.
Top Imports of Zimbabwe
The main imports of Zimbabwe are motor vehicles, machinery, fuel and foodstuffs. The main import partners of Zimbabwe are South Africa and China.