Mrs Nomusa Mugwambi
Embassy of the Republic of Zimbabwe in New Delhi India
Industry / Sector
Agriculture & Allied Services, Consultancy, Education & Skill Development, Financial Services, Healthcare & Pharmaceuticals, Information and Communication Technology, Infrastructure, Logistics, Manufacturing, Mining, Power & Energy, Trade
Counsellor Trade at the Embassy of Zimbabwe in New Delhi India. Keen to engage with potential partners towards business and investment opportunities on offer in Zimbabwe. A practising economist with 14 years of experience in the public sector. Main areas of expertise include but are not limited to economic policy formulation, analysis, implementation and review. Vast expertise in Enterprise Development; International Trade; welfare economics, consumer welfare; economic research.
Zimbabwe is open for business and welcomes investments from all Indian Business persons.
Zimbabwe’s economy is well diversified making the country a reliable and competitive supplier of a wide range of minerals; agricultural products; manufactured goods; as well as value-added services. Zimbabwe has the requisite infrastructure to facilitate trade and is strategically located in the heart of Southern Africa, and is well connected through efficient road, rail and air transport networks.
There are vast investment opportunities for foreign investors in the Mining; Pharmaceuticals; Tourism; Energy; Agribusiness; Infrastructure, ICT and the Digital Economy economic sectors. Investment opportunities for tourism include:
Mining - Mineral Beneficiation, processing and extraction;
Agri-business - manufacturing of irrigation equipment; Precision Agriculture, Efficient Technologies; Production of Veterinary Drugs; and Agro – processing;
Tourism - Budget to Luxury Hotels, Lodges and Safari Camps; Integrated Resorts, Golf Estates and Casinos; Medical Tourism and Amusement Parks. Further, Zimbabwe is home to the Victoria Falls this is the largest waterfall on earth which is a UNESCO World Heritage Site. There are also three UNESCO World Cultural Heritage Sites namely: Great Zimbabwe; Khami Ruins; and Matobo Hills this in addition to the good climate, prime wildlife, warm people and other tourist attractions that make it a must visit holiday destination.
Energy - Coal; Coal Bed Methane (CBM) Gas; Hydropower; Solar power; Biomass; Wind; Geothermal; and Natural Gas;
Under Zimbabwe’s National Development Strategy 1, macroeconomic objectives for the five-year period 2021-2025, Zimbabwe aims to achieve an average annual real GDP growth rate of above 5%. The Domestic GDP growth rate forecast for 2022, is approximately 5.5%. Further, exports and imports for 2022, are forecasted at US$4.73 billion and US$5.9 billion respectively, presenting vast opportunities for trade in goods and services.