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Mnangagwa targets diasporans

by Mandla Ndlovu
23 Nov 2018 at 09:10hrs | Views
President Emmerson Mnangagwa's government has invested  US$56.1 million in an effort to implement the diaspora policy that will court the diasporans to invest in the economic development of Zimbabwe.

This was revealed by Minister of Finance Mthuli Ncube when he was giving his budget speech on Thursday.

"The diaspora present a significant opportunity for contributing to the development of the economy. This, however, requires a clear policy that serves interests of both diasporans and Government," Ncube said.

"The Diaspora Policy is in its implementation phase and an implementation matrix is in place which states clearly the responsibilities of the different line Ministries and agencies in order to support the diaspora and tap into the opportunities they present.

"Diaspora engagement programs are ongoing through scheduled external visits to ensure that the Diasporans needs and expectations are known and embraced in the country's economic development agenda.

"Therefore, I propose to allocate US$56.1 million to the Ministry of Foreign Affairs and International Trade. Concluded Ncube to a loud applause from the house."

In related news, the Ministry of mines will be part of a Zimbabwe Mining Investment Conference to be held on the 26th November 2018 in London.

The conference will be attended by key players in Zimbabwe's mining sector and international corporates interested  in exploring investment and business opportunities in Zimbabwe's mining sector. Key Government officials and industry experts will be in attendence. The Conference will use the Zimbabwe Mining Investment Promotion as a backdrop to discuss the mining industry globally and then honing in on Zimbabwe with a mix of Expert Panelists.

Mines Minister Hon. Winston Chitando will be in attendance.




Source - Byo24News