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Don’t expect much from Davos trip: Ngarivhume

By Tafadzwa Muranganwa
Transform Zimbabwe (TZ) leader Jacob Ngarivhume says people should not expect much from President Emmerson Mnangagwa’s trip to the World Economic Forum at Davos in Switzerland adding that there are still a lot of issues that need to be solved first.
President Mnangagwa led a high powered delegation that includes ministers, captains of industry and technocrats to Switzerland to try and convince the world that things have change and that Zimbabwe is read to engage anyone.
During the time of former President Robert Mugabe, Zimbabwe had adopted a Look East policy after falling out with the West over human rights violations, however the move affect the country’s economy greatly.
Since his inception on November 24, last year, President Mnangagwa has made it abundantly clear that he is going to engage everyone in the world and will not confine the country to one region or continent.
Addressing his party supporters at a meeting in Mabvuku, Ngarivhume said the maiden trip will not yield much it terms of investors owing to inconsistences in the country’s laws.
“The trip by President Emmerson Mnangagwa will not change anything because no sane investors would want to come to Zimbabwe to invest when there are many inconsistent laws   that will repel them to start businesses here.
“Of particular note is the indigenisation law though it has been relaxed it remains an impediment to Foreign Direct Investment (FDI),” said Ngarivhume.
Writing on his blog (takura-zhangazha.blogspot.com), media and political analyst Takura Zhangazha criticised the Switzerland trip arguing that Mnangagwa and his team had gone to literary sell the country.
“…So perhaps someone should tell President Mnangagwa (and advisors) that #Davos2018 cannot be Zimbabwe’s own version of the Berlin conference of 1884/5.
“Even with the exception that it is our own leaders that are making offers of land and other known/unknown resources.  Our country is not for sale.  Never has been. No matter the assumption of the false promises of a dying global neo-liberalism,” wrote Zhangazha.
President Mnangagwa joined about 3 000 world leaders drawn from business, politics, art, academia and civil society for the five-day 48th edition of World Economic Forum (WEF) annual meeting.
Mnangagwa however, is not the first Zimbabwean politician to attend the (Davos) WEF as former Prime Minister in the inclusive government Morgan Tsvangirai and his Deputy Arthur Mutambara attended the session between 2009 and 2012.
 

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