CAB3 passing by Lower House and Upper House of Parliament ushers in a period of political and governance certainty on the business environment of Zimbabwe.
This attribute of stability and predictability is the stuff investors hanker for. Just take the case study of Singapore and the pro-business yet benevolent long rule of the quasi-authoritarianism of Li Kuan Yew and that of Malaysia 's Mahatir Mohammed.
The beauty of the stability and certainty of the current political atmosphere lies in the extensive, expansive, and intensive democratic consultation of the public and parliamentary engagement of CAB3. The process is only paled by the 1979-80 euphoria of impending independence elections.
Local and global entrepreneurs have positively and avidly punted for President Emmerson Dambudzo Mnangagwa and His Zimbabwe Is Open for Business mantra since 2018. He has walked the talk as the GDP expands in leaps and bounds. Copious dollops of Domestic Direct Investment-DDI and Foreign direct Investment-FDI will unleash.
Both DDI and FDI are now assured and there will be more of the accommodative policies, programs and incentives that have engendered and will edify the positive investor friendly prospects.
Zimbabwe needs to entice global class capital in huge dollops so that it can carve out a deserved role in the expanding global supply chain linkages.
Its asset base in farming, mining and tourism calls for copious injection of global funding.
Its highly educated and disciplined labour force has that respected continental capability to uncannily convert capital to profit.
Certainty and stability in governance and politics caps it all with CAB3 passage.
They will have more of the President Emmerson Dambudzo Mnangagwa, they have grown to trust in business during the last 8 years.
