Nick Holme
Organised by UK and Zimbabwe-based Consolidated African Services (CAS), Zimdaba London 2018 will be held on 15 and 16 March at the Royal Geographical Society in Kensington, London.
“This conference is a key initiative and will be one of the most effective ways to engage, in one place, with influential figures in business, media and politics. The conference will help pave the way forward for Zimbabwe’s economic recovery programme,” said Nicholas Holme, Principal Director CAS UK.
“The Zimbabwe government are keen to work with investors from all over the world who want to engage with the country. It’s an opportune time for Zimbabwe to showcase its significant potential as an attractive destination for foreign investment” he added.
The Zimbabwean delegation, which will be headed by the Principal Secretary from the Office of the President and Cabinet, Mr Ozias Hove, will also include Minister of Mines and Mining Development, Winston Chitando; Deputy Minister of Finance & Economic Development, Terence Mukupe; Minister of Industry, Commerce and Enterprise Development, Dr. Mike Bimha; and Simon Khaya Moyo, Minister of Energy and Power Development.
Chairman and co-founder of Atlas Mara, Bob Diamond, one of the conference sponsors, will speak on the benefits of this diverse initiative and the positive impact it will have on the Zimbabwean economy.
President Emmerson Mnangagwa has committed to making Zimbabwe an attractive and safe destination to conduct business, as well as revamping Zimbabwe’s infrastructure, with the intention of taking Zimbabwe to middle-income status by 2030.
The over-subscribed event will also include an exclusive breakfast, hosted by leading investment bank, Exotix Capital. The early morning function will feature key presentations from the leading delegates.
Duncan Wales, CEO of Exotix Capital, said “For Exotix, given our long-term experience in Africa, the importance of bringing Zimbabwe’s key policymakers together, with international investors at such a critical point in Zimbabwe’s history cannot be overstated. We are delighted to be able to contribute to that process.”
With the economy already beginning to show signs of recovery, experts expect to see several billion dollars flowing into Zimbabwe this year. Delegates at ministerial level will use Zimdaba London 2018 to endorse Zimbabwe’s re-engagement plan for inward reinvestment.
Sponsored by Exotix Capital, Zimbabwe Diaspora Investment Group, fastjet and Atlas Mara among others, the Zimbabwe London Investment Forum has been created to bring together business leaders, investors from the UK and Europe, and high level corporate and governmental delegates from Zimbabwe, to discuss and action investment opportunities in Zimbabwe.
Conference organiser Consolidated Africa Service Ltd is a young, ambitious organisation with Zimbabwean roots, a Southern Africa focus, and interests in social capital, mining, energy generation and other key sectors.
Post published in: Lifestyle
I am curious to see what these delegates will do for Zimbabwe and its people. If taken as an example the governor of the reserve bank (John Mangudya) could he tell us what can he do? It is well known that he still feeds Mugabe with US millions in cash while millions of Zimbabweans are queuing to draw just $10 per days if they can get it.
It is also known that they spend taxpayers money to do holidays in London while people in Zimbabwe are starving. Could the governor explain $15 billion exported in diamonds disappeared from the Government? Maybe he took some with him and his cut to satisfy his greed.
Also why they run in London for their holidays while hundreds of foreign investors are already in ZImabwe trying to sign deals with them?
Previously our president said that Mugabe went wrong because of the corrupted people around him. It seems to me that all those corrupted, headed by the governor are now in London. Rest assured that no money will ever come to Zim. With his help they will deposit the money into Mugabe’s accounts in other countries.
Gold help us all…
There is a very dark cloud hanging over this initiative – the reality that Zimbabwe will not hold free, fair and credible elections as promised. President Mnangagwa has made all the right noises about holding free elections but the regime has failed to implement even one democratic reform without which it is IMPOSSIBLE to have free elections.
If Zimbabwe fails to hold free and fair elections, the flood of foreign investors this conference is hoping to help promote will never happen. Investors do not like to do business in a country whose next regime change can only be if there is another coup!