Jun 19, 2018 Last Updated 7:55 AM, Jun 12, 2018

Zimbabwe’s President aims to woo potential South African investors

business meetingABNABN - Zimbabwe’s President Emmerson Mnangagwa will travel to South Africa to address potential investors, as the new government looks to revive its beleaguered national economy.

The high-profile business conference will take place on Thursday December 21 in Pretoria, confirmed the embassy in a statement.

Mnangagwa’s first foreign trip as President following Robert Mugabe’s resignation arrives just weeks after finance minister Patrick Chinamasa presented a raft of business and investor-friendly reforms in the 2018 budget.

Plans to tackle corruption were also laid out in the budget, while the new President also outlined a commitment to growing the economy and creating jobs in his first presidential speech.

"As we focus on recovering our economy, we must shed misbehaviours and acts of indiscipline which have characterised the past. Acts of corruption must stop forthwith," he said.

"The many skilled Zimbabweans who have left the country over the years for a variety of reasons must now come into the broad economic calculus designed for our recovery and take off."


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