Majority Of 16 Billion In Investment Commitments Will Not Be Coming Soon: Analysts

Analysts have said that the $16 Billion investment commitments that President Emmerson Mnangagwa claims to have secured will take many years to come to Zimbabwe and that some of it may not come at all. Piers Pigou, a senior consultant at International Crisis Group said,

Calculation formulae are unknown and in the context of election hyperbole, it is not surprising they get talked up in this way. The reality is that this money has not come into the country and the vast bulk of it will not anytime soon, if at all. We have very little insight into these mega deals and the details thereof, so one hopes there will be greater transparency in terms of their component parts, the sequencing and timing of the various stages of the investments and the related costs and benefits. The figures bandied about on these mega deals need to be treated with considerable speculation.

More: Financial Gazette

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