25 Jan 2018

Zim keen to address investor concerns, Mnangagwa tells WEF

Crecey Kuyedzwa

Harare - According to Zimbabwean President Emmerson Mnangagwa, economic and trade corporation issues will be the top priorities of the new order in Zimbabwe rather than politics.

Taking part in a session at the World Economic Forum entitled 'An Insight, An Idea with Emmerson Mnangagwa', the Zimbabwean president said his country needs to catch up with the region after 16 years of isolation.

Mnangagwa said his message to the world is that Zimbabwe is open for business, and will look at all legislation to see what has been preventing investors from coming in.

He said investors are free to come in and invest in any sector including minerals, with the exception of the diamond and platinum sectors.

“Going into the future we would want to embrace the international community and we also want the international community to embrace us, and to do so we must look at what needs to be done... for them to say Zimbabwe is suitable and ready for investment."

READ: EU ready to review its policies on Zim

Mnangagwa said his government would look at investors' concerns to make sure they are comfortable in bringing investments into the country.

“As they say, capital will only go where it is comfortable and so we will work to understand why it has not been comfortable in Zimbabwe.”

On the question of land, Mnangagwa said his administration will look at farmers as farmers, and not based on racial lines.

He said Zimbabwe will hold elections before July this year and international players, including the European Union, will be allowed to observe.

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