ZBN to host UK trade, investment conference

Economy
THE Zimbabwe Business Network will in November this year host an inaugural winter trade and investment conference in United Kingdom.

THE Zimbabwe Business Network (ZBN) will in November this year host an inaugural winter trade and investment conference in United Kingdom as part of plans to improve the country’s business and investment image.

Own Correspondent

In a statement yesterday, ZBN said the event would be held in London on the November 29 and is expected to bring together businesses and investors to deliberate in improving investment environment in Zimbabwe.

“The summit is designed to bring businesses and potential investors together and firms will have the opportunity to reach out to 400 000 Zimbabweans in the UK to generate demand for their goods and services,” part of the statement reads.

“Aside from marketing opportunities, exhibitors will have the chance to correspond with other businesses and form meaningful relationships,” the statement added. This summit will focus on companies looking to grow the Zimbabwe Diaspora market share.

Over 50 exhibitors are expected to exhibit their products and services in the event. Exhibitors will include businesses from banking and financial services sector, food and beverages, retail, pharmaceuticals, mining and agriculture, among many others.

Zimbabwe is currently in dire need of investment with the economy dampening largely due to lack of foreign capital inflows.

According to treasury, the economic growth will this year slow down to 3,4% from the initial target of 5%.