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Zimbabweans Hope Foreign Investment Revives Economy

Columbus Mavhunga

   BULAWAYO, ZIMBABWE - When Zimbabwean President Emmerson Mnangagwa took
   office in 2017, he signed deals promising billions of dollars in
   foreign investment to help revive the moribund economy but the funds
   never materialized.

   Now, officials acknowledge the country has major steps to take before
   investors are willing to sink cash into new projects.

   At its peak, the state-owned Cold Storage Company was the biggest
   African beef exporter to European Union countries. The company no
   longer stores or produces anything, and its freezers sit empty.

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