They were speaking at a recent Confederation of Industries (CZI) workshop to discuss the state’s economic blue print, Zim Asset. The government adopted a Look East policy a decade ago after a fall-out with western countries on a number of issues, among them the chaotic land reform programme and abuse of human rights.
But the policy has failed to bring tangible results as China has turned its back on the cash-strapped government, demanding massive collateral before they loosen their purse-strings. Henry Nemaire, the CZI Deputy President, told delegates who included Industry Minister Mike Bimha and Deputy Chief Secretary in the Office of the President Justin Mupamhanga, that there was a serious need to re-engage the west as development partners and investors.
He said the country’s leadership should cry out loud to Europe for re-engagement, saying once it succeed other countries like the US would follow suit to trade with Zimbabwe.
Although Chinese were the country`s ‘all weather friend’ it was becoming increasingly difficult to understand them fully.
He said economic growth has declined significantly in the first quarter of the year. “This has been the most excruciating period in the economy because of liquidity crunch. Demand went to rock bottom,” he said.
Nemaire added that there was need to deal urgently with infrastructure development to enable economic growth. Pfungwa Kunaka, Principal Director in the Ministry of Finance and Economic Development, concurred saying the economy was on its knees and in need for funding for recapitalisation.
“We need to engage the Europeans and to support government initiatives and visit undertaken by CZI to engage international community,” he said. “If you work with international financial institutions such as the IMF you build your capacity to engage the international community,” said Kunaka, adding that the country`s $10 billion debt to such institutions was a major stumbling block in unlocking external funding to resuscitate the ailing economy.
“To fund ZimAsset, partners in the international community are key. At the moment there is very little fiscal space to execute some of the issues in the document,” said Kunaka.
Other speakers said Zimbabwe should not behave as if it has an avalanche of investors waiting but should understand that there is huge competition worldwide and government should do the right thing to attract investors in the country.
Post published in: Business
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
Further to the above article, would like to suggest the following,
1) people in Diaspora can be part of this re-engagement process, if business contacts for in their respective countries of their residence ,are made available, via eg Embassies, Business Forums ect.
2)Such information as Employment, Partnerships, Franchises New Projects , in Zimbabwe
3)Loads of people with loads of assorted skills and experiences, in various industries would like to go back to Zim. with some sort of assurances of job /business prospect(s).
Lacking is ,how these people can get in contact with prospective Partners in the Diaspora.
So the speakers called on government “to do the right thing” but none of them actually said what that “right thing†is. Typical!
In other words the conference was just another one of those talk-shops the country is renowned for; everyone knows the problem is the elephant in the room but they all talk endlessly about how to get rid of the ticks, the dandruff, everything except the elephant itself.
To win back the confidence of donors and investors alike that Zimbabwe is a safe country for them to do business, the country must demonstrate its commitment to the rule of law. Only a legitimate regime with the electoral mandate of the people of Zimbabwe can enact laws and treaties that will be worth the paper they are written on and not an illegitimate regime that rigged the last elections! That is the “right thingâ€, the elephant in the room, the conference buffoons would not spell out.
At the heart of Zimbabwe’s political and economic problems is a corrupt and oppressive tyrannical regime and we must have free and fair elections if we are to free the nation from this nightmare. Get rid of the elephant and the tick infestation, the clouds of dandruff, etc. will go with it!