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Zimbabwe Ambassador lauds diaspora's contribution to SA’s economy, urges them to invest back home
Zimbabwe's Ambassador in South Africa David Hamadziripi has applauded the diaspora business community for their role in contributing to the development of South Africa’s economy, and also urged them to consider investing back in their home country. For more CNBC Africa’s Daniel Sango caught up with the Ambassador at the Zimbabwe Achievers Awards ceremony held in Johannesburg.
Thu, 11 Apr 2019 08:38:25 GMT
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AI Generated Summary
- Zimbabwe's Ambassador lauds the diaspora business community in South Africa for their contributions to the economy and urges them to invest in Zimbabwe.
- Ambassador Hamadziripi highlights the government's economic reforms and privatization as opportunities for diaspora investment in sectors like mining, manufacturing, and tourism.
- Positive response to President Mnangagwa's call for the diaspora community to invest in Zimbabwe, with inquiries from Zimbabweans and South African investors expressing interest in various sectors.
Zimbabwe's Ambassador to South Africa, David Hamadziripi, recently commended the diaspora business community for their valuable contributions to the development of South Africa's economy. Speaking at the Zimbabwe Achievers Awards ceremony in Johannesburg, Ambassador Hamadziripi emphasized the importance of the diaspora considering investing back in their home country. He highlighted the need for Zimbabwean business people to play a pivotal role in leading the development and recovery efforts in Zimbabwe.
The Ambassador acknowledged the significant presence of Zimbabweans in the South African business sphere and encouraged them to take advantage of the economic opportunities emerging in Zimbabwe. He cited recent government reforms, such as the privatization of state-owned enterprises, as key measures that could create avenues for investment and growth. By engaging with the government and sharing information on available opportunities, Ambassador Hamadziripi aims to facilitate a seamless transition for the diaspora community looking to invest in various sectors of the Zimbabwean economy.
President Emmerson Mnangagwa's call for the South African Zimbabwe diaspora community to consider investing in Zimbabwe has received a positive response, according to Ambassador Hamadziripi. He mentioned that several inquiries had been made by Zimbabweans residing in South Africa, expressing interest in sectors like mining, manufacturing, and tourism. Additionally, even South African investors have shown keen interest in exploring investment prospects in Zimbabwe.
Ambassador Hamadziripi revealed that the embassy is actively involved in providing information and organizing meetings between potential investors and key stakeholders in Zimbabwe. By fostering these connections, he aims to facilitate the engagement of the diaspora community in the Zimbabwean economy, ultimately contributing to the country's recovery and development.
As Zimbabwe continues to embark on economic reforms and opportunities for growth, the diaspora's role in investment and entrepreneurship is becoming increasingly significant. Ambassador Hamadziripi's advocacy for diaspora engagement and investment underscores the potential for transformative impact on Zimbabwe's economic landscape, creating a pathway for sustainable development and prosperity.
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