Last week at the World Economic Forum, Zimbabwe’s new president, Emmerson Mnangagwa, declared: “Zimbabwe is now open for business.” Mnangagwa’s appearance in Davos, Switzerland, was a first for his country, which had been ruled by Robert Mugabe since independence in 1980.
Government has gazetted the Zisco Debt Assumption Bill, effectively taking over the steel giant’s debt, clearing the way for its takeover by Chinese firm, Tian Li and its revival.
It is not usual for a person who has seized power through a military coup to heap praise upon his deposed predecessor.
The Parliamentary Portfolio Committee on Foreign Affairs and Industry says Zimbabweans in the diaspora wishing to invest in the country must be given the same incentives as foreign investors.
An attempt by G40 kingpin Jonathan Moyo to expose President Emmerson Mnangagwa and his current administration are looters, who plundered resources in Zimbabwe and the Democratic Republic of Congo, seems to have backfired terribly with his twitter followers telling him to leave Mnangagwa alone, arguing that if he has amassed so much wealth he might be a good leader for the country.