Mnagagwa’s New York Times Article a Green Light to American Investors

Zimbabwe's President Reaches Out For American Investors
Image Credit: The Telegraph

President Emerson Mnangagwa has reached out to the United States of America (USA) for investors through a written contribution to American publication, the New York Times.

The Zimbabwean leader said that he is working towards building a new Zimbabwe: a country with a thriving and open economy, jobs for its youth, opportunities for investors, and democracy and equal rights for all.

“We are starting from a difficult position. Today our economy is struggling, our youth lack opportunities, too many people are unable to afford essential goods, and our infrastructure is stuck in the past,” the President said.

“Our recovery strategy is based on creating conditions for an investment-led economic recovery that puts a premium on job creation. In three months, we have secured $3.1 billion worth of commitments from across the world, which will create jobs and opportunities.”

The President went on to say that he is on a journey to empower people with skills, opportunities and jobs

“We will continue taking bold steps to liberalise and introduce greater market forces, building an economy in which enterprise is allowed, encouraged and protected,” Zimbabwe’s leader said.

“If we are to succeed in this global economy, we must empower our entrepreneurs and foster innovation at every level.”

During an investment workshop in Harare, the Minister of Mines and Mining Development, Winston Chitando said that Zimbabwe has resources including a learned populace and would like investors to supply with funds.

Zimbabwe has been isolated by the international community for years after the land reform program that saw white farmers losing land. The Southern African country, which recently witnessed a flow of investors is moving with the mantra “Zimbabwe is open for business”!

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