Zimbabwe’s President Emmerson Mnangagwa says his country is open for business and that all foreign investment is safe, with investors able to repatriate profits.
One of the founding members of the Movement for Democratic Change Roy Bennett died today together with his wife Heather in a helicopter crash in Canada.
Emmerson Mnangagwa artfully disguised the manoeuvre that ousted Robert Mugabe from 37 years in power last year as a ‘military-assisted transition’ rather than a military coup.
The Zimbabwe Revenue Authority (ZIMRA) today reported that annual gross collections for 2017 amounted to $3.98 billion compared to $3.4 billion in 2016 on increased use of plastic money and an effective anti-corruption drive.
Zimbabwe will hold elections in four to five months, the state-owned Herald newspaper quoted President Emmerson Mnangagwa as saying on today, the first time the southern African country will hold a vote that does not involve former president Robert Mugabe since 1980.
The Zimbabwe government will assume ZISCOsteel’s estimated $450 million debt in order to make the steel giant attractive to the Chinese firm R&F which has agreed to invest in the company, Finance Minister Patrick Chinamasa has said.