Mnangagwa in South Africa to meet potential investors

Zimbabwean President Emmerson Mnangagwa is reportedly set to “address a high profile business conference” in Pretoria on Thursday, as his new administration strives “to revitalise the economy through attracting investment”.

According to the state-owned Herald newspaper, a statement by Zimbabwe’s embassy in South Africa on Tuesday said that all Zimbabwean business people based in South Africa and all those interested in investing in Zimbabwe were invited to the high-level meeting.

“His Excellency, Ambassador Isaac Moyo invites all Zimbabweans in South Africa and all business persons with an interest in investing in Zimbabwe to a business meeting which will be addressed by His Excellency, Cde ED Mnangagwa, the President of the Republic of Zimbabwe,” read part of the statement.

Mnangagwa’s first trip abroad following his inauguration on November 24 came just a few weeks after the country’s finance minister Patrick Chinamasa presented the 2018 budget which included a raft of business- and investor-friendly proposals as well as plans to tackle corruption and waste.