Chronicle Editor
Nqobile Bhebhe in Victoria Falls
MINISTER of War Veterans of the Liberation Christopher Mutsvangwa today told various chief executive officers that Zimbabwe through its vast national resources is on an economic growth trajectory.
In a discussion on linkage between Governance and national development at the CEO Africa Roundtable conference in Victoria Falls, Minister Mutswanga said in the last five years under the Second Republic led by President Mnangagwa, Zimbabwe has been experiencing rapid development and accelerated pace in attracting quality global investors particularly in the mining sector.
Added to that, he said it is puzzling that local business executives are focusing on alleged toxicity in the country and hold back investing.
However, he said foreign firms are flocking to Zimbabwe as they are seeing opportunities.
“Foreigners are investing billions of United States dollars in Zimbabwe yet you are seeing toxicity in your our country.
“They are seeing opportunities some are seeing toxicity. If you dwell on toxicity you wont move forward. Global capital is flowing to Zimbabwe because the country is stable ,” he told business executives.
The 2023 annual roundtable was held under the theme: “Towards African Renaissance: Prospering through Smart Partnerships.”
Minister Mutsvangwa said executives should tap into President Mnangagwa’s declaration that “Zimbabwe is Open for Business” and the Second Republic is creating conducive conditions for investment.
He added, “I am very happy that in the last five years, we have had a paradigm shift in the governance of this country where a vision is the driver of where are going as a country.
“President Mnangagwa has looked at the resources in Zimbabwe and has seen that they are world class and he has decided to seek world class companies to come and exploit the resources so that Zimbabwe produces world class products,” he said
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