HARARE – President Emmerson Mnangagwa today met a team of 22 investment companies from the United Kingdom, which is in the country exploring investment opportunities in Zimbabwe.
The delegation, which is the biggest ever to come from the UK, comprises of investment companies and senior investment decision makers interested in mining, energy, infrastructure, tourism and hospitality, logistics and the agricultural sector.
President Mnangagwa told the media that he briefed the investors of the challenges currently affecting the country for them to make informed decisions.
“I honestly briefed them about the situation in the country; the challenges we are facing, the weaknesses which we have. I exposed that to the entire delegation and I hope they will look at it and make their own decisions,” said President Mnangagwa.
Head of delegation who is also Invest Africa founder Robert Hersov said the team of investors had been charmed by investment opportunities in the country and Government’s “Zimbabwe is open for business” mantra
“The President and his Ministers were open and frank on the situation which the country is in right now.
They also opened up on the potential which the country has. We are great believers in Zimbabwe; it is one of the countries in Africa which has vast mineral deposits.
Hersov said Zimbabwe should be one of the fastest growing economies in the world considering the amount of natural resources it possesses.
He said the visit by the delegation of fund managers and senior investment decision makers “is the beginning of something big for Zimbabwe.”
The meeting was also attended by two vice presidents, Retired General Constantino Chiwenga and Kembo Mohadi; Energy and Power Development Minister Ambassador Simon Khaya Moyo; Local Government, Public Works and National Housing Minister July Moyo; Lands, Agriculture and Rural Resettlement Minister Retired Air Chief Marshal Perrance Shiri; Foreign Affairs and International Trade Minister Retired Lieutenant General Dr Sibusiso Moyo; Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya; Zimbabwe’s Ambassador to the UK Retired Colonel Christian Katsande and the Permanent Secretary for Mines and Mining Development Munesu Munodawafa.
The delegation is in the country until June 6, 2018.