03 September 2024

UK-based Clear Mobitel has announced plans to invest US$200 million in Zimbabwe’s telecommunications sector.

The decision comes amid growing interest from several global players and aligns with the country’s ongoing efforts to attract foreign investment and bolster the country’s economic growth.

“I am impressed by the country’s business environment and prepared to invest US$200 million because of the open-for-business policy in Zimbabwe,” said Clear Mobitel CEO Harpal Mann. “Our objective is to eventually spread our services throughout the SADC region.”

Clear Mobitel has partnered with NEC Corporation to supply advanced technologies that will enhance Clear Mobitel’s offerings in Zimbabwe.