Clear Mobitel, a UK-based technology data company, has announced plans to invest US$200 million in Zimbabwe’s telecommunications sector.
Clear Mobitel says it decision to invest in Zimbabwe comes amid growing interest from several global players and aligns with the Second Republic’s ongoing efforts to attract foreign investment and bolster the country’s economic growth.
Clear Mobitel specialises in a wide range of advanced technologies, including cloud computing, IP bandwidth, internet connectivity, 5G, data centres, the Internet of Things (IoT), mobile broadband, fixed wireless access (FWA), and autonomous vehicles. The company also offers telemedicine, artificial intelligence, big data, data analytics, 5G private networks, eSIM and more.
Clear Mobitel CEO Mr Harpal Mann is widely quoted as saying: “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.” He adds: “Our objective is to eventually spread our services throughout the SADC region.”
Additionally, Clear Mobitel says it has partnered with Japanese tech giant NEC Corporation to supply advanced technologies that will enhance Clear Mobitel’s offerings in Zimbabwe.
As for how inviting the business climate really is in Zimbabwe, a number of news outlets have reported that the country is making a push to lure foreign capital and is using its new gold-backed currency – the ZiG – to persuade investors that it won’t repeat past economic mistakes.
Indeed, according to a Bloomberg report, Zimbabwean officials have set early 2026 as the new deadline for making the ZiG the country’s sole currency. Previously, authorities had targeted 2030 as the deadline.
