Govt Has Started Working On A Diaspora Strategy

The government of Zimbabwe has reportedly started working on the Diaspora Strategy. The strategy is premised at creating synergies between Zimbabwe and the diaspora community.

This was revealed by the Zimbabwe Tourism Authority Acting Chief Executive, Mrs Rita Likukuma, who was addressing the Diaspora Community in the UK. Likukuma said:

There is strong thinking and realisation that Zimbabwe cannot turn around its economy and without the participation of its huge diaspora community. We want the Diaspora community to easily visit home and invest.

There has been realization that Zimbabwe cannot easily achieve Vision 2030 that of creating an upper-middle-class economy without the full participation of its Diaspora community.

We have therefore, started working on a Diaspora Strategy to enable us and our people living abroad to work together, trusting each other.

Lukukuma added that the strategy also provides for the protection of investment. She noted that there were some diasporans who previously tried to invest back home only to be duped by those on the ground. She added:

We are aware of how some people who have tried to invest back home have ended up being cheated and losing everything or part of their investment.

In that strategy is the need to protect investments of our Diaspora Community, and we might float a bond to ring-fence those investments because we are aware of many people having been cheated of their investments in the past.

She added that the problems Zimbabwe is facing needed concerted efforts by all stakeholders including diasporans.

More: The Herald


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Rita Likukuma

Rita Likukuma is a Zimbabwean Economist who sits in various boards and is the current Deputy Chairperson of the Reserve Bank of Zimbabwe Board that was appointed in July 2015. She is also founder and Managing Director of Ecolite Limited. Read More About Rita Likukuma

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