Business Reporter
Germany’s ambassador to Zimbabwe, Christoph Retzlaff, said recent economic gains had placed the country back on investors’ radar, though significant constraints remain.
The remarks came as European governments and businesses said they were encouraged by what they said were signs of improving macro-economic stability.
“Zimbabwe has seen some good macroeconomic progress in the last couple of months. That is encouraging,” Retzlaff said.
He noted that Germany — Europe’s largest economy — could become a key trade and investment partner if conditions improve.
As global geopolitical tensions force companies to reconfigure supply chains, African economies such as Zimbabwe could benefit.
“German companies are looking to diversify their production and supply chains. That offers opportunities for African countries,” he said.
But Retzlaff warned that unlocking meaningful investment would require policy consistency.
“We need predictability, transparency, less red tape and political stability. These are key factors to improve economic relations.”
A German mining-focused market exploration mission is expected in August, underlining growing interest in Zimbabwe’s resource sector.
