European Union Ambassador to Zimbabwe Katrin Hagemann says Zimbabwe has made notable progress in efforts to fight corruption, but graft remains a key barrier to investment. Speaking at the Integrity and Accountability Summit organised by Transparency International Zimbabwe in Harare, Hagemann links ongoing corruption with reduced investor confidence and limits on the country’s ability to fully unlock its economic potential. She acknowledges improvement in integrity and accountability measures, while stressing that corruption has not been eliminated. The EU envoy’s remarks frame the remaining challenge as the persistence of corrupt practices that affect how investors assess risk and the likelihood of fair and predictable business conditions. The statement also situates the issue within a broader push for stronger accountability mechanisms, consistent enforcement, and integrity reforms. Overall, the sources present the EU position that while reforms are underway, continued efforts are needed to remove corruption concerns so that investment can grow more reliably and contribute to economic recovery and development.
EU envoy says corruption continues to deter investment in Zimbabwe despite progress
European Union Ambassador to Zimbabwe Katrin Hagemann says Zimbabwe has made notable progress in efforts to fight corruption, but graft remains a key barrier to investment. Speaking at the Integrity a...
- EU Ambassador Katrin Hagemann says Zimbabwe has made progress in fighting corruption.
- She says persistent corruption continues to undermine investor confidence.
- Hagemann links corruption to limits on fully unlocking Zimbabwe’s economic potential.
- The comments are made in Harare at a summit organised by Transparency International Zimbabwe.
- Hagemann emphasizes integrity and accountability as ongoing priorities.
[New Zimbabwe] EUROPEAN Union Ambassador to Zimbabwe Katrin Hagemann says the country has made notable progress in fighting corruption, but persistent graft continues to undermine investor confidence and prevent it from fully unlocking its economic potential.
1 month agoEUROPEAN Union Ambassador to Zimbabwe Katrin Hagemann says the country has made notable progress in fighting corruption, but persistent graft continues to undermine investor confidence and prevent it from fully unlocking its economic potential. Speaking at the Integrity and Accountability Summit organised by the Transparency International Zimbabwe (TIZ) in Harare, Hagemann said integrity must move […] The post Corruption still holding back investment despite Zimbabwe’s progress – EU envoy says appeared first on NewZimbabwe.com.
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