Zimbabwe continues to be among the least competitive economies in the World. According to the World Bank 2011―Doing Business Survey‖ Zimbabwe ranked 157 out of 183 countries in the world, a move up of two positions compared with the 2009 report. Its ranking however is still well below those of neighboring countries such as South Africa (34), Namibia (69), and Botswana (52) (Figure 2). The regulatory environment for infrastructure services in particular is deficient, with the institutional and legal framework for public enterprises imposing constraints on their effectiveness, autonomy, and accountability. The major concerns for the investment climate relate to.