Clear Mobitel Company has expressed its interest in investing in Zimbabwe’s telecommunications market. Mr. Harpal, the CEO of Clear Mobitel met with Honorable Dr Amon Murwira on the 11th of December 2024 to discuss about the telecoms business in Zimbabwe.
Clear Mobitel is planning to invest USD 200 million in Telecel and Africom. The CEO has signed an MOU with the Zimbabwean Government, Ministry of Finance, Ministry of ICT and Mutapa Fund. This foreign investment move by Mobitel will greatly benefit the Zimbabwean economy at large.
The expression of interest in investment by Clear Mobitel shows the President’s efforts of re-engagement are paying off towards the attainment of vision 2030. Since the commencement of the second republic under President Mnangagwa’s government has created a conducive atmosphere in which all investments will be secure and welcomed, in accordance with the country’s “Zimbabwe is open for business” mantra.
