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Business Unusual: Zim President on Demand in Davos

Harare – Zimbabwe's President Mnangagwa is attracting a lot of attention at the ongoing 48th World Economic Forum (WEF) in Switzerland,...

Harare – Zimbabwe's President Mnangagwa is attracting a lot of attention at the ongoing 48th World Economic Forum (WEF) in Switzerland, with global conglomerates seeking his ear in order to invest in the country to reignite the comatose economy.

Global business magnates such as Mckinsey, Royal Dutch Phillips, Goldman Sachs, Lazard and Indian giants Hinduja, were reportedly asking for appointments, including 60 heads of State and Government.

Appearing for the first time on the global showcase, Mnangagwa is leading a high-powered delegation comprising senior Government officials and private business leaders.

The President hinted before his departure on Monday morning that over 60 heads of State and Government had requested to meet him on the sidelines of Davos meetings, one of the biggest global business gathering.
President ED Mnangagwa

“You know the top companies, which have delivered highest level of prosperity to the world are all here. For example, we have companies like Mckinsey, Royal Dutch asking for appointments; Phillips, Goldman Sachs, Lazard and we have top Indian companies like Hinduja,” Ambassador Mutsvangwa said. 

Previously, Zimbabwean goods were found on many platforms but they have since disappeared. 

“Here we are not focused on Zimbabwe as a market itself except in so far as we are selling our resources, our very high human resource index, to produce world class goods made for global community, we have absolutely no reason why Zimbabwean goods cannot be found on the shelves of department stores across the globe,” he said. 

According to Mutsvangwa, the current President was ushering a new economy, premised on a huge injection of capital.

“A huge injection of capital is premised upon what a country is capable of doing in terms of utilising that capital, and the competence of Zimbabwe’s educated labour force is not in doubt. We have a sample of it already, which has left the country as the diaspora; they do well earning hard currency in various host countries where they have gone to, which shows that generally Zimbabweans are very competent.” 

President Mnangagwa had a lunch meeting with Angola president João Lourenço, Mauritius president Ameenah Gurib, as well as representatives of Indian company, Ashok Leyland. 

“Ashok has been around for a long time and in that period we have always seen ahead of time. We were the first ones to leave Iran when we noticed that things have turned. We did the same thing in the Middle East.

“At present we are just in love with Africa. We see a great future and we feel we have to help and support its economic growth,” said the Ashok official.

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