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Mnangagwa Urges Japanese Investors to Tap Into Zimbabwe’s Economic Potential

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Mnangagwa Urges Japanese Investors to Tap Into Zimbabwe’s Economic Potential

President Emmerson Mnangagwa has called on international investors—particularly those from Japan—to take advantage of the vast economic opportunities in Zimbabwe. Speaking at the official Zimbabwe National Day event at Expo 2025 in Osaka, Japan, the President described Zimbabwe as a land of “unmatched possibilities,” and emphasized that the nation is open for investment, trade, tourism, and innovation.

Highlighting the country’s promising sectors—including mining, agriculture, energy, infrastructure, manufacturing, ICT, and tourism—Mnangagwa said Zimbabwe is undergoing a transformation towards becoming a modern and industrialised economy within the next five years.

“We are inviting our friends from Japan and around the world to work with us in shaping a future of shared prosperity,” said President Mnangagwa. “Zimbabwe welcomes investment, partnerships, trade, innovation, and tourism that go beyond limits.”

He noted that the country’s economic growth, expected to reach 6% this year, is being driven by structural reforms, infrastructure development, and increased focus on processing raw materials locally, especially in mining and agriculture.

“Our national development strategy is forward-looking and centred on the needs of our people,” he added. “The policy reforms we’ve undertaken have positioned Zimbabwe among the fastest-growing economies in Southern Africa.”

Mnangagwa identified infrastructure rehabilitation, particularly transport networks, energy, ICT, and water systems, as areas with immense potential for foreign investment. He noted that Japanese expertise and experience could play a vital role in these areas.

The President also spotlighted Zimbabwe’s mining sector as a key investment draw, with rich deposits of precious metals, stones, hydrocarbons, and other industrial minerals. He stressed the government’s push for value addition and beneficiation as part of a broader industrialisation drive.

During the Expo, Zimbabwe signed a Memorandum of Understanding with Japanese firms in the motor industry—a deal Mnangagwa said could significantly boost the country’s public transport system and create regional economic benefits.

“Japan’s strength in innovation, science, and technology aligns well with Zimbabwe’s goals,” he said. “We are eager to partner with Japanese investors to fast-track our industrial and technological advancement.”

He also emphasized agriculture as a major sector for partnership, particularly in climate-resilient farming, irrigation, and mechanisation. The President commended Japan’s support for projects like the Nyakomba Irrigation Scheme, which has strengthened food security and rural livelihoods.

“We’re constructing more dams and need investment in irrigation infrastructure and agricultural machinery,” said Mnangagwa. “Such developments will help us expand the land under irrigation and improve productivity.”

Turning to tourism, the President promoted Zimbabwe’s world-renowned attractions such as Victoria Falls and its abundant wildlife. He expressed optimism that post-Expo engagements would help boost Japanese tourist arrivals.

“Victoria Falls—also known as Mosi oa Tunya, or ‘The smoke that thunders’—is one of the Seven Natural Wonders of the World,” he said. “Zimbabwe is home to vast wildlife diversity and expansive national parks that cover about 70% of the country’s land.”

He pointed out that Zimbabwe has the world’s second-largest elephant population and a growing rhino population, making the country a premier destination for safari tourism.

On the sidelines of the Expo, Zimbabwe hosted its first-ever Zimbabwe–Japan Business Forum, which the President described as a meaningful platform for business leaders from both nations to explore mutually beneficial partnerships.

He also advocated for deeper collaboration in education and innovation, particularly in fields like artificial intelligence, fintech, robotics, and data science. With over 60% of Zimbabwe’s population under 30, he said the country is poised to benefit greatly from investments in human capital.

President Mnangagwa was joined by several senior officials, including Foreign Affairs and International Trade Minister Professor Amon Murwira and Chief Secretary to the President and Cabinet Dr Martin Rushwaya. Japanese government representatives were also in attendance.

Expo 2025, which runs until October 13, has drawn participation from 158 countries and seven international organizations. Zimbabwe’s pavilion has been among the most popular, offering immersive experiences that showcase the country’s investment prospects and technological vision.

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Prevail donates 60 tonnes of food to Defence Forces at launch

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itai Mazire

Prevail International Group launched its Talk and Pay (TAP) Microfinance Company on Friday, donating two 30-tonne truck loads of rice and cooking oil to Zimbabwe’s Defence Forces during the ceremony.

The donation, handed over to Defence Minister Oppah Muchinguri-Kashiri by Prevail Group chief executive Tendai Sithole, recognised the contribution of the uniformed forces to national stability, the company said.

Speaking at the launch, Muchinguri-Kashiri welcomed TAP’s focus on the security sector and rural communities, stating that the payroll-based loan facility aligns with the Second Republic’s commitment to safeguarding workers’ welfare.

“Your inclusion of our hard-working labour force in your customer segment is consistent with the Second Republic’s commitment in safeguarding the welfare and dignity of our labour force,” she said.

The minister also noted that security personnel are often excluded from mainstream financial products, and that TAP’s targeting of women-led businesses and rural entities supports national development policy.

“Studies consistently confirm that capital availed to women circulates faster in the local economy,” Muchinguri-Kashiri added. “When women are extended with loans, you are investing in the whole household, and also in the community as a whole.”

Prevail Group International Chairman Dr Paul Tungwarara said TAP was developed following President Emmerson Mnangagwa’s call to support rural business units. The microfinance scheme will offer low-cost, payroll-based loans, with priority for women-led and rural-based enterprises.

Distribution of the donated rice and cooking oil to defence forces units is expected to begin shortly.

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Churches Throw Weight Behind CAB3, Urge Parliament to Pass Bill

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The Zimbabwe Indigenous Interdenominational Council of Churches (ZIICC), representing a broad coalition of Apostolic, Pentecostal, Evangelical and indigenous Christian denominations, has thrown its full support behind the Constitution of Zimbabwe (Amendment No. 3) Bill, 2026, describing the proposed changes as necessary for national stability, development continuity and governance reform.

In a detailed submission presented to Parliament on Friday, the church body said the proposed constitutional amendments were lawful, democratic and aligned with Zimbabwe’s long-term development aspirations under Vision 2030.

The submission, signed by ZIICC patron Bishop Dr Nehemiah Mutendi and chairman Rev Dr Andrew Wutawunashe, argued that Parliament has the constitutional authority to amend the Constitution and should be allowed to deliberate on the Bill without interference from external groups.

“We call upon Parliament to pass this Bill in the national interest,” the churches said in the submission.

The churches said Zimbabwe’s elected representatives derive their legislative authority directly from the people and are constitutionally mandated to amend the Constitution where necessary.

“Parliament’s exercise of that mandate is not and cannot be a threat to democracy it is democracy itself,” the submission stated.

ZIICC said public consultations conducted by Parliament across the country had already fulfilled constitutional requirements for citizen participation, adding that no organisation or civic grouping had the power to veto Parliament’s legislative role.

The church organisation, which says it represents more than 8.7 million Zimbabweans, also backed proposals in the Bill extending presidential and parliamentary terms from five to seven years.

According to ZIICC, the longer governance cycle would provide government with enough time to implement major developmental programmes such as Vision 2030 and the National Development Strategy 1 (NDS1), both of which it said had previously been disrupted by political instability and the COVID-19 pandemic.

The churches argued that Zimbabwe required policy continuity and stability to fully implement national projects and recover from external shocks.

“Vision 2030 is not a slogan to our congregants. It is a promise that must be kept,” the submission read.

ZIICC further linked the proposed seven-year term to biblical teachings on restoration and completion, saying the concept resonated with Christian principles of renewal and national rebuilding.

The churches also defended proposals to reform Zimbabwe’s electoral system, including the introduction of a parliamentary model for electing the President.

They argued that direct presidential elections had historically heightened political tensions and divided communities.

“Our communities have paid the price of electoral toxicity with their peace, their livelihoods, and their social cohesion,” the churches said.

ZIICC said electing the President through Parliament would reduce political conflict while preserving democratic accountability through elected representatives.

The churches additionally welcomed proposals to establish a dedicated Zimbabwe Electoral Delimitation Commission, saying the move would improve transparency and professionalism in constituency boundary delimitation.

On traditional leadership reforms, the church body endorsed the removal of constitutional restrictions limiting the political participation of chiefs and traditional leaders.

ZIICC said traditional leaders were custodians of community governance and should enjoy the same constitutional freedoms as other citizens.

“A traditional leader is a Zimbabwean citizen,” the submission stated, adding that chiefs play a critical role in maintaining peace, resolving disputes and supporting development at grassroots level.

The churches also supported provisions repealing the National Peace and Reconciliation Commission’s constitutional status, noting that the commission’s original constitutional mandate had already expired in 2023.

ZIICC said reconciliation should not be confined to a single commission but should instead become a broader national responsibility involving churches, traditional leaders and communities.

The organisation pledged to intensify reconciliation and healing programmes across the country in partnership with government and community structures.

In a cover letter accompanying the submission, Rev Dr Wutawunashe said the churches believed the Bill advanced “the constitutional order of Zimbabwe in a manner consistent with the values and aspirations of our people.”

The submission comes as debate around Constitutional Amendment Bill No. 3 continues to intensify, with supporters arguing the reforms will enhance governance efficiency and policy continuity, while critics have raised concerns over some of the proposed changes.

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Local Government cracks down on ‘Fundraising’ workshops for Councils

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Itai Mazire

The Ministry of Local Government and Public Works has issued a stern directive to local authorities, urging them to cease participation in non-essential workshops and conferences perceived as mere fundraising ventures by external entities.

The move, outlined in a memorandum signed by Permanent Secretary Dr. John Basera on 14 May 2026, shows a critical shift towards prioritizing efficient service delivery amidst ongoing financial challenges.

The memorandum highlights a growing concern within the ministry regarding the proliferation of such events.

“It has been noted with concern that some institutions and entities are organising workshops and conferences targeting local authorities primarily for their fundraising purposes,” said Dr Basera.

This directive comes as local authorities grapple with

depressed revenue collection.

The Ministry emphasizes the need to re-direct resources towards core functions.

“Considering the current challenges facing local authorities, particularly depressed revenue collection and the need to prioritize efficient service delivery, it is imperative that available resources be directed towards operational and service delivery-related activities,” he said.

Local authorities are now advised to significantly reduce their involvement in events that do not directly contribute to improving public services.

The memorandum explicitly warns against arrangements that offer little to no tangible benefit.

“Accordingly, local authorities should not support or tolerate arrangements by third-party entities requiring the purchase of tables, payment of conference fees, accommodation costs and related expenditures which offer limited or no tangible value to service delivery outcomes.”

This new position is effective immediately and will remain in force until further notice, signaling a resolute effort by the Ministry to streamline operations and ensure accountability in resource allocation within local governance.

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