WORLD ECONOMIC FORUM
Optimism gives Mnangagwa chance to lure investors
For the first time since 2000, Zimbabwe will be represented at the annual World Economic Forum in Davos. Its new leader, Emmerson Mnangagwa is on his way to Switzerland. It will be his first international gathering in 2018 and will set a new precedent — the southern African nation will not be represented by former ruler Robert Mugabe. Mugabe exited the political stage in November 2017 after being president for 37 years, without ever receiving an invitation to the elite gathering at Davos. Members of global business elites have steered clear of him, due to his ruinous mismanagement of his country’s economy. Mnangagwa appears to have been given a clean slate. The dominant view in the international community is that he is a reformer and is pro-business — a confidence booster for fickle investors. Robert Besseling, executive director at Exx Africa, a business intelligence firm, says Mnangagwa is enjoying "a honeymoon period" and investors from SA and the UK, in particular, will be keen ...
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