Zimbabwe can only achieve the projected 9, 4 % economic growth rate if it creates a stable political and economic environment, the African Development Bank (AfDB) said in its December 2011 report on the Southern African country.

The regional bank said the on-going implementation of the indigenization laws and the anticipated national elections in 2012 continue will continue to weaken external investor confidence.

It also said achievement of the country’s economic targets is hinged on steady supply of electricity and water as well as continued firming of the international commodity prices or increasing production volumes.

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