Zida launches investor grievance system

The Zimbabwe Investment and Development Agency (Zida) recorded a 2 406 percent surge in domestic direct investment, rising to US$102,38 million from US$4,08 million, signalling a strong shift toward local participation and joint venture arrangements.

THE Zimbabwe Investment and Development Agency (ZIDA) has introduced a formal investor grievance mechanism aimed at boosting confidence and retaining foreign capital, as the country continues efforts to improve its business climate. The Investor Grievance Response Mechanism (IGRM) is designed to handle disputes arising from government regulatory decisions or policy shifts that affect investment projects.…

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