Investors are holding on to their Zimbabwe investments pending the outcome of the country’s presidential election run-off which has been scheduled for July 31.

Delta Corporation, Zimbabwe’s biggest beverages maker, has blamed Zimbabwe’s stringent operational environment worsened by an annual inflation rate pegged at 300 000 percent for the month of March for the company’s failure to enhance its performance and to meet local demand for beverages.

Stanbic Bank, South Africa’s Standard Bank Zimbabwe subsidiary, is in dire straits as the country’s operating environment continued to deteriorate during the 12 month period ended December 31 as the firm achieved a mean profit after tax of Z$6.628 trillion and suffered a loss of Z$1.808 billion. The figures are on an inflation adjusted basis, the bank said Friday.

Renaissance Financial Holdings, one of Zimbabwe’s biggest finance institutions could have faltered off due to low business after manufacturing companies faced viability constraints only to be brought back into business by the Reserve Bank of Zimbabwe (RBZ) which intervened by ploughing funding into the manufacturing sector through the Basic Commodities Supply Side Intervention. Injection of this funding into manufacturing concerns increased Renaissance’s operations hence its capacity to raise the company’s profit after tax to Z$35 trillion for the year ended December 31 2007.

Mining houses in Zimbabwe are holding their breath as the country’s citizens the majority of whom are employed at several mines across the country brace up for elections tomorrow.

Foreign investors with investments in Zimbabwe have braced up for the worst case scenario when the nation goes for its harmonized Presidential, Parliamentary and Local government polls next Saturday. They however stand to cash in on their investments in the country should Zimbabweans bring to an end through the ballot President Robert Mugabe's eight year octopus grip on power, a situation investment and business analysts says will also bring about a speedy recovery to the country's ailing economy, now in its eighth year of stagnation.