Zimbabwe’s economic cooperation with Switzerland continues to strengthen, with more than US$100 million injected into key sectors over the past decade, reinforcing the European nation’s role as a long-term development partner supporting the country’s reform agenda.
Finance, Economic Development and Investment Promotion Minister Mthuli Ncube said the partnership is increasingly focused on promoting sustainable economic stability, investment protection and social support systems.
“Switzerland’s continued support, amounting to approximately US$100 million since 2012, has contributed to key sectors such as agriculture, health, governance and social protection,” Ncube said.
The funding has helped stabilise vulnerable sectors while complementing Zimbabwe’s ongoing economic reform efforts under the National Development Strategy 2 framework.
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Ncube noted that cooperation between the two countries is also centred on strengthening investment flows and improving the business environment through structured agreements designed to enhance investor confidence.
“Our cooperation is underpinned by key agreements, including the 2023 Bilateral Investment Promotion and Protection Agreement and the 2025 Double Taxation Agreement,” he said, adding that the frameworks are intended to create a predictable investment climate and unlock new economic opportunities.
Beyond financial assistance, the partnership also covers complex economic issues linked to Zimbabwe’s international re-engagement process, including structured dialogue initiatives and compensation arrangements for former commercial farmers.
Stephane Rey, Switzerland’s Ambassador to Zimbabwe, said his country remains committed to supporting Zimbabwe’s development priorities through coordinated and targeted programmes.
“Switzerland remains committed to strengthening cooperation, advancing sustainable development and supporting inclusive economic growth in Zimbabwe,” Rey said.
As Zimbabwe seeks to rebuild investor confidence and attract fresh capital inflows, the expanding partnership with Switzerland signals a shift toward structured, long-term international cooperation anchored on policy reforms and economic stability.
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