Zimbabwe calls for Ghanaian Investors

Accra, November 6, GNA - Zimbabwean Ambassador, Ms Pavelyn Tendai Musaka, on Monday called on Ghanaian investors to consider exploring investment opportunities in Zimbabwe, since the country was opened for investments.

Ms Musaka, who made the call during a courtesy call on the Minister of Local Government, Rural Development and Environment, Mr Stephen Asamoah Boateng at his office said Ghana and Zimbabwe enjoyed a long standing relationship which could be strengthened through investment opportunities.

"We need to also tap Ghana's rich culture to enhance ours," she said. Mr Boateng said Zimbabwe could indeed solicit investment from some of Ghana's financial institutions such as the Home Finance Company and Data Bank, the two that have attained a lot of success in their operations.

"There are a lot of businesses that we can share and with collaboration we can identify which is most appropriate," he said. Mr Boateng said Ghana's decentralization concept was also one of the best in Africa, from which Zimbabwe could also learn.

"In the past power was held at a centralized point, which was not in the interest of our people," he said.

'We are aiming at ensuring that the growth in the economy was felt from every corner of the country, so that people would not continue to migrate to the urban centres.

"Growth however, takes time," he said.

Mr Boateng said government was working towards decentralizing administration and finance to the district levels, through the institution of composite budgets and realigning of the treasury. The consolidated funds distributed into banks all over the country for easy access by the various district assemblies. 06 Nov 06