By ZBC Reporter
PRESIDENT Emmerson Mnangagwa’s successful visit to the United Kingdom where he attended the 26th session of the Conference of Parties (COP26) also saw him meeting with the business community, setting the record straight on where Zimbabwe stands.
The Second Republic has seen the country transforming the economy, this has seen unprecedented growth. Addressing British Africa Alliance in Scotland, President Mnangagwa said after two decades of isolation, the country’s quest to leapfrog other economies so as to catch up with other countries in the region.
“I am very pleased that it was an opportunity to put the correct perspective about the narratives of our country which were misleading, and I am happy that with all the leaders that I have interacted with, there has been a positive response and they are very willing to grow relations with Zimbabwe,” said President Mnangagwa.
“To date, we have jumped twenty-one places up in the Ease of Doing
Business Index. The Zimbabwe Investment and Development Agency
(ZIDA) offers a one-stop investment service, while the Victoria Falls Stock Exchange provides a lucrative investment platform for international investors due to the attendant favourable incentives.
“An array of sector-specific fiscal incentives, are also in place for investors in agriculture, renewable energy, mining, manufacturing, tourism, transport & aviation as well as health, among others. With its developed infrastructure, diverse economy, and relatively developed capital markets Zimbabwe is an ideal location for any company wanting a footprint on the Continent.
President Mnangagwa thanked organisers for arranging the meeting with the business community.
“I am very grateful to the organisers of the meeting with the business community in the UK and for having had an opportunity to speak, especially to the Scottish business community and those from the UK as a whole, giving them the direct appreciation of the current situation prevailing in Zimbabwe and the aspirations that we have, the opportunities that exist and we were hearing this from the horse’s mouth so I believe that it was a very opportune time to speak to the UK community.”
The President also had an opportunity to meet with the Commonwealth Secretary-General Baroness Patricia Scotland on the sidelines of the summit among other world leaders.
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