The ruling party is to jettison former President Robert Mugabe’s “look east” policy toward China and Russia
After the emergence of Emmerson Mnangagwa as president after a military intervention in November, the authorities in Harare, have shown some eagerness to re-engage with western nations and institutions in an effort to kick-start an economy that has halved in size since 2000.
The country is also prepared to reverse so-called indigenization laws -- except in diamonds and platinum -- that force companies to sell or transfer 51 percent stakes to black Zimbabweans. The new regime is allowing white farmers to resume production, though not on the land they were forced to quit. It will also make it easier for foreign companies to repatriate their profits, according to officials, who asked not to be identified.