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Summary of the Conference

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The Zimbabwean government successfully held its Investment Conference in Boksburg outside Johannesburg.

The Zimbabwe Investment Conference delegation was led by the deputy Prime Minister Professor Arthur Mutambara and Minister of Economic Planning and Investment Promotion Dr Tapiwa Mashakada.

Other Ministers who graced the occasion are Minister of State in the Prime Minister’s office Jameson Timba, Minister of Water Dr Sipepa Nkomo and deputy Minister of Mines Gift Chimanikire.

Potential investors took opportunity during the just ended conference to probe Harare administration’s policy inconsistency and potential risks should the incoming government fail to respect private property.

Minister Mashakada told delegates that Zimbabwe was not going to return to its currency in the near future and assured delegates that the sentiments were shared across the political divide.

Professor Mutambara urged equal partnership among the two countries and called on the diaspora community to take a leading role in investing back into their country.

However, Minister Timba expressed concern over lack of common vision and said the impending elections were expected to bring finality to Zimbabwe’s decade long crisis.

South Africa’s deputy Minister of Trade and Industry Elizabeth Thabethe encouraged her northern counterpart to reconsider investing heavily in agriculture as to become the breadbasket of Southern Africa again.

Zimbabwe is scheduled to host the United Nations World Tourism conference and the Water Summit early August that will see yet again the country attracting the much needed Foreign Direct Investment should the political leadership resolve the current uncertainty hanging over the Southern Africa state.

Professor Mutambara remarked that the impending elections would be a landmark measure of the success or failure of the Government of National Unity.

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