British investors scramble for Zimbabwe

British investors scramble for Zimbabwe
Published: 09 February 2018 (127 Views)
THE United Kingdom's Department for International Trade (DIT) is swamped with an overwhelming number of British businesspeople keen on exploiting business opportunities in Zimbabwe.

The UK's Trade Director for Southern Africa in the DIT, Ms Elena Williams, said her government was inundated with British businesspeople who are rushing for Zimbabwe.

The latest development comes after President Emmerson Mnangagwa declared that Zimbabwe was now open for business.

Writing on her page on micro-blogging site, Twitter, Ms Williams said she is battling to process many expressions of interest among the British business community.

"Wow! I'm blown away by the expressions of interest I've received since my visit to Zimbabwe last week. Tomorrow I will be delivering a briefing in Cape Town, and have more offers to consider. Keep them coming!" she said.

British Minister of State for Africa, Ms Harriet Baldwin, who was in the country last week, said her government was optimistic of Zimbabwe's economic turnaround under President Mnangagwa's administration.

Minister Baldwin, during her visit to Zimbabwe, said British Prime Minister Theresa has been impressed by statements made by President Mnangagwa so far on economic and political reforms, which have sent important signals around the world about the country's readiness for investment.

Minister Baldwin, who was sent as PM May's special envoy to President Mnangagwa, said Zimbabwe and her country were on the cusp of a major diplomatic breakthrough that could see the two countries soon engaging in various investment ventures underpinned by mutual benefit and interest.

She was in Zimbabwe making her first overseas official visit following her appointment as Minister of State for Africa in a Cabinet reshuffle last month.

Minister Baldwin said the UK Government was encouraged by President Mnangagwa's new approach to the political and economic reforms.

The relations between Zimbabwe and the UK soured at the turn of the millennium over the land issue in the wake of the refusal by the Labour administration of Mr Tony Blair to honour obligations entered into with the Tory administration of Margaret Thatcher in 1979.

- the herald

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

BREAKING: Musona joins Anderlecht

by Staff reporter | 23 May 2018 | 23 Views

Zimbabwe army will allow Chamisa to rule if he wins elections

by Staff reporter | 23 May 2018 | 28 Views

Mutsvangwa blamed for Shamu's Sudden Dismissal

by A Mhlongo | 23 May 2018 | 34 Views

Tshinga Dube dares MDC Alliance

by Staff reporter | 23 May 2018 | 28 Views

Regional parties fight for Bulawayo

by Staff reporter | 23 May 2018 | 24 Views

'Cool Crooners not loved in Bulawayo'

by Staff reporter | 23 May 2018 | 22 Views

Is this the end of Joice Mujuru?

by Fungi Kwaramba | 23 May 2018 | 33 Views

Mawarire roasts Jonathan Moyo

by Staff reporter | 23 May 2018 | 31 Views

Zanu-PF councillor joins Mujuru's NPF

by Staff reporter | 23 May 2018 | 22 Views

Khupe lashes 'tribal and chauvinist cabal'

by Dr Thokozani Khupe | 23 May 2018 | 23 Views

UZ launches BSc Optometry Honours degree

by Staff reporter | 23 May 2018 | 25 Views

Lawyer raps MDC-T thugs for insulting Khupe

by Stephen Jakes | 23 May 2018 | 45 Views

MDC T statement on the Supreme Court Judgement

by Linda T Masarira | 23 May 2018 | 52 Views

Real MDC T have been vindicated by the supreme judgement

by Stephen Jakes | 23 May 2018 | 56 Views

Khaya Moyo rebukes Mukupe over Chamisa remarks

by Ndou Paul | 23 May 2018 | 60 Views

Zanu PF berates it's 'reckless' minister

by Byo24News Reporter | 23 May 2018 | 42 Views

Mugabe snubs Parly again

by Staff reporter | 23 May 2018 | 41 Views

WATCH: Mutsvangwa blamed for Shamu's Sudden Dismissal

by A Mhlongo | 23 May 2018 | 48 Views

Mukupe silences Doug Coltart with this photo

by Staff reporter | 23 May 2018 | 52 Views

Mukupe to be fired?

by Staff reporter | 23 May 2018 | 70 Views

Fixing Zimbabwe's 'fantasy economics'

by Martyn Davies and Hanns Spangenberg | 23 May 2018 | 74 Views

ZLHR challenges govt to implement the new constitution

by Stephen Jakes | 23 May 2018 | 64 Views

Blackdiamond releases new video and reveal new management

by Tidi Kwidini | 23 May 2018 | 60 Views

Obert Mpofu welcomes Kasukuwere

by Staff reporter | 23 May 2018 | 145 Views

Mugabe fails to appear before Mliswa

by AFP | 23 May 2018 | 137 Views

Zimbabwe govt needs to regain the trust of the people

by Staff reporter | 23 May 2018 | 60 Views

PHOTO: Shamu getting arrested photo goes viral

by Staff reporter | 23 May 2018 | 176 Views

Zimbabwe embarks on broadband connectivity upgrade

by Staff reporter | 23 May 2018 | 42 Views

Jonathan Moyo could be working for Mnangagwa, says Mawarire

by Staff reporter | 23 May 2018 | 99 Views

Mnangagwa paid a $2,000 bribe in Mozambique

by Staff reporter | 23 May 2018 | 121 Views

Councillors accused of vote-buying

by Staff reporter | 23 May 2018 | 70 Views

MDC poll demands outrageous, says Charamba

by Staff rpeorter | 23 May 2018 | 86 Views

BAZ to increase TV, Radio service coverage

by Staff reporter | 23 May 2018 | 65 Views

Zanu-PF warns party members against violence

by Staff reporter | 23 May 2018 | 70 Views

'Special anti-graft unit to reinforce Zacc operations'

by Staff reporter | 23 May 2018 | 66 Views

Khupe allies hits out at Chamisa's 'violent, vulgar' youths

by Staff reporter | 23 May 2018 | 90 Views

Confusion hits MDC-T primaries

by Staff reporter | 23 May 2018 | 67 Views