Johannesburg — THE Zimbabwe-South Africa investment and trade conference opens here today, with Harare's future socio-economic and political environment expected to dominate the deliberations.

The International Monetary Fund IMF has asked the Federal Government to reduce poorly-targeted fuel subsidies, adopt a rule to set the reference oil price in the budget, and fully operate the Sovereign Wealth Fund as soon as possible.

The Fund however, advised that efforts should be intensified to mobilize public support for these reforms.