JUST IN: President returns from China

Tawanda Musarurwa recently in BEIJING, China

President Mnangagwa has returned to Zimbabwe after a successful trip to China where he attended the 2018 Beijing Forum on China-Africa Cooperation and at the same time managed to sign three significant bilateral agreements with the Chinese Government.

The agreements were signed after a string of high-powered bilaterals with his Chinese counterpart President Xi Jinping. During the course of the five-day visit, the President also attended the 2018 Forum on China-Africa Cooperation (FOCAC).

President Mnangagwa also met a with a number of Chinese companies that want to invest in Zimbabwe, as well as some Zimbabweans living in China.

Notwithstanding the hugely successful bilateral meetings, Zimbabwe stands in good stead to benefit immensely from the $60 billion concessionary loan that was announced by President Xi during FOCAC 2018 as President Mnangagwa has promised to put forward bankable national infrastructure projects.

More to follow…

Related Posts

Mega Market moves to snap up Lobels in bid to dominate food value chain

Nelson Gahadza Mega Market (Private) Limited, owned by Shiraan Ahmed, has moved to acquire 100 percent of Lobels Holdings (Private) Limited in a proposed transaction that could see one of…

Super El Niño: President urges caution

Joseph Madzimure and Precious Manomano FARMERS must prioritise early-maturing and drought-resistant crops for the 2026-2027 summer cropping season as Zimbabwe braces for a likely Super El Niño-induced dry spell, President…

Leave a Reply

Your email address will not be published. Required fields are marked *