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You Are In Good Hands, We Have Attracted $11 Billion Investment Commitments: Mnangagwa Tells Nation

5 years agoThu, 03 May 2018 23:37:24 GMT
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You Are In Good Hands, We Have Attracted $11 Billion Investment Commitments: Mnangagwa Tells Nation

President Emmerson Mnangagwa has said that Zimbabwe is in good hands after claiming that his administration has managed to secure $11 billion investment commitments in the last 5 months. Speaking at the hand over of 84 cars to traditional chiefs, Mnangagwa said,

Let me assure you our traditional leaders that Zimbabwe is in good hands. We should sleep comfortably. I also believe that the communities which you lead are also in good hands. It will be bad if the country is in good hands and the communities are not in good hands. Since our last meeting (Gweru), great strides have been made towards the revival and rebuilding of our economy.

To date, we have witnessed about US$11 billion worth of investment commitments from foreign investors. Cross-cutting reforms are in motion to make Zimbabwe an attractive place to do business for locals and foreign investors alike.

Locally, there has been an upsurge in capacity utilisation and overall industrial growth. While cash liquidity shortages and foreign currency availability continue to be constrained, my Government is implementing a cocktail of measures that will see the sustainable resolution of the challenges.

More: Chronicle

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