South African corporate expansion into Zimbabwe: weathering the storm and reaping the benefits

Abstract

This chapter explores the South African capital investment trajectory in Zimbabwe's economic recovery. It highlights the salient issues that underscore its presence in Zimbabwe's economy and assess how it can actually be a stimulus for Harare's economic revival. It examines post-apartheid South Africa's foreign policy in the continent and the competing image of whether Pretoria promotes a genuine development/African renaissance project or, as some analysts contend, a sun-imperialist agenda, especially under the Zuma presidency. The chapter also assesses whether South African corporations will face competition from other actors, particularly as the transitional government hedges its bets in attracting foreign investors into its economy.