The newly sworn in President of Zimbabwe, Emmerson Mnangagwa is courting the international investor community to help his country.
The 75 year old President on Friday said that Zimbabwe is now opened for business as he assures of swift reforms in the economy. “We welcome mutually gainful partnership with international partners, whose presence must be valued and secured’’ he said.
In the immediate, liquidity challenge bedeviling the country must be tackled head on with real solutions being generated, he revealed. The newly sworn in President was speaking at his inauguration in the capital Harare. He is also promising to compensate farmers whose land were taken under his leaderships.
“My Government will capacitate the land commission so that it will deal with all outstanding issues relating to land ‘ he said . As we go into the future, complex issues of land tenure will have to be addressed urgently” he added.
Zimbabwe’s economy is in a very bad state and has not recovered fully from crises in the last decade, when rampant inflation grew so bad the country had to abandon its own currency. It is estimated that 90% of Zimbabweans are not employed.
Mr Mnangagwa has also pledged to create jobs. “We want to grow our economy, we want peace, we want jobs, jobs, jobs,” he told cheering crowds in Harare. Zimbabwe’s main industrial index has slumped by 40% since last week’s military intervention.
Source: Africafeeds.com / Fred Dzakpata
