'Zim requires massive direct investment' - Zimbabwe Situation

‘Zim requires massive direct investment’

Source: 'Zim requires massive direct investment' | Daily News

HARARE – President Emmerson Mnangagwa says Zimbabwe requires massive foreign direct investment to achieve its transformation agenda that will see the country achieving a middle-income status by 2030.

“National wealth is only created when national resources are gainfully exploited through a process of economic transformation. Our minerals remain inert stones or encrustations on rock until they are mined and processed into marketable products which the world demands,” he said.

The 76-year-old Zanu PF leader said the country can become the eighth largest producer of lithium in the world if it processes deposits near Bulawayo, in Hwange, Kamativi and in Bikita.

“Our country remains a dead and idle landmass until we learn to create value through different land uses, such as human settlements, buildings, factories, agriculture and tourist attractions,” he added.

COMMENTS

WORDPRESS: 3
  • comment-avatar
    Morty Smith 1 week ago

    So! It took 38 years to discover this? Amazing.

  • comment-avatar
    Tiger Shona 1 week ago

    The majority of business assets in this country had been looted by ruling party politicians. And the word is out. You cannot trust them.
    How do we know, that they will not take over foreign companies again? Or locally white owned companies??

  • comment-avatar
    Nyoni 1 week ago

    The mind boggles!!!!