China Speaks On Mnangagwa’s Looters List, Says More Investors Coming

The Chinese embassy says President Emmerson Mnangagwa’s list of externalisers, which features many Chinese nationals, is not factual.

But an economic attache said the naming and shaming of Chinese companies  won’t affect plans for ED’s April visit to China. Said the economic attache:

We fully support President Mnangagwa’s government and I can assure you more investors are coming.

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Finance Minister Patrick Chinamasa and Reserve Bank of Zimbabwe Governor John Mangudya are in China ahead of President Emmerson Mnangagwa’s visit to the Asian country. A counsellor at the Chinese embassy, Zhao Baogang, told journalists that Chinamasa and Mangundya were meeting officials from the China EximBank and the Asian country’s top lender Sinosure to negotiate for financial aid. Zhao added that Chinamasa and Mangundya are also negotiating how Zimbabwe can resolve the issue of outstanding loans. Mnangagwa is expected to visit China in April after being invited by the country’s leader President Xi Jinping.

Emmerson MnangagwaReserve Bank of ZimbabwePatrick Chinamasa

Emmerson Dambudzo Mnangagwa a politician and the First Secretary of the Zimbabwe African National Union-Patriotic Front. On the 3rd of August 2018 ZEC Chairperson Priscilla Chigumba announced that Mnangagwa had won the popular vote by 50.8% ,hence he was duly elected to be the president... Read More About Emmerson Mnangagwa

The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe. Its offices are located at number 80 Samora Machel Avenue in Harare. The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides... Read More About Reserve Bank of Zimbabwe

Patrick Anthony Chinamasa is a Zimbabwean politician and a member of Zanu-PF. He is the former Minister of Finance and Economic Planning. He was reappointed to the ministry after President Emmerson Mnangagwa had appointed his cabinet in November 2017. Chinamasa is former Minister of Cyber... Read More About Patrick Chinamasa

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China Speaks On Mnangagwa’s Looters List, Says More Investors Coming