Saturday, May 15, 2021

Tsvangirai send business delegation to London

Zimbabwe Prime Minister, Morgan Tsvangirai, has dispatched a high powered business delegation to London this week to persuade Zimbabweans living in the United Kingdom to invest back home.

In June this year, Prime Minister Tsvangirai was forced to cut short an event where he was addressing Zimbabwean exiles in UK due to jeering. Tsvangirai addressed more than 1 000 exiles, whom he urged to return home to rebuild the country, during an event at London’s Southwark Cathedral.

But his appeal was poorly received as questions were raised over assurances he made about the country’s stability. The audiences demanded that Mugabe should resign from government for them to return home.

Tsvangirai, the leader of the opposition MDC who became prime minister in the power-sharing deal, told Zimbabweans in UK that the country needed the exiles’ skills and money to help to rebuild Zimbabwe.

During that speech, the Prime Minister said: “Zimbabweans must come home.”
However, this week Tsvangirai sent a delegation led by a Minister of State in Prime Minister’s office Gorden Moyo, and is expected to address Zimbabweans and other prospective investors.
”The Zimbabwe Diaspora Investment Conference is in response to Zimbabwe’s
ongoing change programme and Prime Minister Tsvangirai’s call for the
Diaspora to play a part in the reconstruction of Zimbabwe,” Minister Moyo said in a statement.

”The event will also compliment and provide support for efforts by both
Zimbabwe and the UK government to implement solutions that help Zimbabwe in stemming the current problem of mass migration and the effects of brain
drain out of Zimbabwe,” Moyo said.
“This is especially important to those people whose stay has come to an end,
but because there has been very little communication about the possibilities, and some people have not been to Zimbabwe for years, this
conference will provide an opportunity for them to understand their options
and what facilitation channels exist to support their return,” he said.

Speakers at the conference will include Zimbabwe Investment Authority
director Richard Mubaiwa, who is expected to articulate the challenges that small scale or corporate investors are facing and Zimbabwe Stock Exchange
(ZSE) chief executive Emmanuel Munyukwi.
A representative from the Foreign and Commonwealth Office, DFiD and UK
Border Agency will also address the conference.

The unity government says it requires US$10 billion to revive the economy
and make the country work again after a decade of economic decline.

RELATED STORIES

Read this week's paper