British investors scramble for Zimbabwe

British investors scramble for Zimbabwe
Published: 09 February 2018 (75 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

Morgan Tsvangirai and the making of a national hero

by Tafi Mhaka | 16 February 2018 | 271 Views

Tsvangirai the legacy

by Daniel Itai | 16 February 2018 | 237 Views

Zuma's demise

by Daniel Itai | 16 February 2018 | 289 Views

Tsvangirai supporters organise red Saturday in honour of him

by Stephen Jakes | 16 February 2018 | 495 Views

Tsvangirai burial set for Buhera

by Staff reporter | 16 February 2018 | 310 Views

Tsvangirai Funeral Update: Khupe deployed to SA

by Nelson Chamisa | 16 February 2018 | 347 Views

Khupe apologises

by Dr Thokozani Khupe | 16 February 2018 | 908 Views

Mnangagwa, army commanders tensions grow

by Staff reporter | 16 February 2018 | 371 Views

Tsvangirai's death, political phonies and crocodile tears

by Staff reporter | 16 February 2018 | 188 Views

The hypocrisy of Zanu-PF is utterly suffocating

by Brezhnev Malaba | 16 February 2018 | 151 Views

Zimbabwe to mortgage minerals for capital

by Staff reporter | 16 February 2018 | 115 Views

Tsvangirai's death fuels MDC-T turmoil

by Staff reporter | 16 February 2018 | 151 Views

Gukurahundi victims want their voices heard

by Nqobani Ndlovu in Maphisa | 16 February 2018 | 110 Views

Mudede sued over dual citizenship

by Staff reporter | 16 February 2018 | 195 Views

Mnangagwa, Mugabe fallout - Mugabe security further reduced

by Staff reporter | 16 February 2018 | 511 Views

MDC UK & Ireland Youth Statement on the death of Morgan Tsvangirai

by Vusumuzi B Ncube | 16 February 2018 | 193 Views

Momentary celebrity cannot erase Zimbabweans' common sense

by Brian T Kagoro | 16 February 2018 | 180 Views

How to avoid flawed elections in Zimbabwe

by Ibbo Mandaza & Tony Reeler | 16 February 2018 | 185 Views

Chivayo braces for bruising wrangle

by Business Weekly | 16 February 2018 | 209 Views

Obert Mpofu cleared, he is not corrupt

by Business Weekly | 16 February 2018 | 309 Views

Mnangagwa urged to repeal laws that hinder free polls

by Staff reporter | 16 February 2018 | 148 Views

Cheating wife agony

by Staff reporter | 16 February 2018 | 327 Views

Man dumped for preying on maids

by Staff reporter | 16 February 2018 | 231 Views

Sangoma 'steals' wife

by Staff reporter | 16 February 2018 | 170 Views

Highlanders in no rush to spend

by Staff reporter | 16 February 2018 | 125 Views

Bees sting woman to death

by Staff reporter | 16 February 2018 | 137 Views

Busted while servicing pal's hubby

by Staff reporter | 16 February 2018 | 293 Views

Tsvangirai was courage personified

by Conway Nkumbuzo Tutani | 16 February 2018 | 120 Views

Woman runs amok in house fight

by Staff reporter | 16 February 2018 | 125 Views

Student savagely attacked by lover's wife, hired hit men

by Staff reporter | 16 February 2018 | 112 Views

Jilted cop 'impounds' ex-wife's panties

by Staff reporter | 16 February 2018 | 101 Views

Drama as hubby busts wife, lover

by Staff reporter | 16 February 2018 | 185 Views

Desperate fuel thieves arrested

by Staff reporter | 16 February 2018 | 93 Views

Dembare, CAPS match moved

by Staff reporter | 16 February 2018 | 140 Views

Zanu-PF MP sued over child upkeep

by Staff reporter | 16 February 2018 | 90 Views

Blow for Zacc

by Staff reporter | 16 February 2018 | 111 Views