Give Zimbabweans in the diaspora same incentives as foreign investors-Parliament says


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HON. PARADZA: Mr. Speaker, as we discuss about our observation and recommendation as your Committee, Ministry Officials attend some meetings in foreign lands; these are good summits but within these 100 day period, we must have a conference on Zimbabwe to make sure that we attract investment where we are going to invite potential investors to come here. We can have that conference here or elsewhere in Europe or Asia.

Mr. Speaker, the Government should allow the Ministry of Foreign Affairs and International Co-operation to engage the services of brand trade and investment experts. I was talking to Hon. Minister Chinamasa about rebranding and reengagement but we need experts to do this. As Zimbabweans we cannot do it, so we need experts and money to fund that so that we can hire consultants to help us in this.

In line with the new trajectory Mr. Speaker, the Government should redefine its foreign and trade policies in order to establish the country’s global trade priorities and pursue a robust, reciprocal, bilateral and multilateral trade, taxation and investment relations through regional and international trade agreements.

Mr. Speaker, in conclusion, your Committee is of the view that the time is now for us as Zimbabweans to make sure that we come together and improve our economy. The world is continuously changing and does not wait for Zimbabwe. Therefore, what is needed is to do all these things with speed. To this end Mr. Speaker, your Committee welcomes the stance taken by His Excellency to work with all countries which are interested in doing business with Zimbabwe. It is no longer the Look East Policy now. We must now look everywhere for those countries which have the capacity to work with us here in order for us to improve our economy.

As a Committee, as I said, we want to thank Hon. Minister Chinamasa for increasing this year’s budget and we are grateful for that. I want to conclude with this quote from Warren Buffet who is a United States of America investment tycoon. He says, ‘Someone is sitting in the shade today because someone planted a tree a long time ago’. That is what we should do Minister. I thank you.

 

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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