President Emmerson Mnangagwa
PRESIDENT Emmerson Mnangagwa and the ruling Zanu-PF have contradicted each other on the country’s investment figures, with the former saying Zimbabwe has attracted a hefty $16 billion in fresh capital against $3 billion stated in the party’s election manifesto.
The development also comes as debate is raging on the calibre of some of the “benchmark investors” being trumpeted by the new Harare administration and the Zimbabwean leader himself has insisted that gestation periods of these projects are longer. Additionally, economic recovery will not be an overnight event, he said.
“…the people`s aspirations will be fulfilled in a new environment where Zimbabwe is open for business in order to maximise on the emerging international goodwill and confidence as shown by the more than $3 billion foreign direct investment within three months of President Mnangagwa ascending..,” part of Zanu PF’s poll document – launched on May 04 – says against Mnangagwa’s recent pronouncements that the country had garnered $16 billion within six months.
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