Opinion / Columnist
The world trusts Mnangagwa, So should we
28 May 2018 at 09:10hrs | Views
From the moment he assumed office, President Emmerson Mnangagwa has set about reversing the slide into the economic decay, isolationism and a foreign investor's nightmare.
The numbers have spiraled upwards from modest beginnings and now stand at a whopping $16 billion. Perhaps by the tie you are reading this they will grow even more substantially, such is the faith international investors are showing in the new Zimbabwe, and Mnangagwa's reform policies and investment-friendly politics.
Some critics have said that promises are worthless unless they are actualised, and they are.
In the mining sector, the $4,2 billion platinum project by Cyprus firm Karo Resources set to be commissioned on 23rd June.
The Government has already set up an inter-Ministerial committee to facilitate the seamless implementation of the deal.
Another firm, Premier African Resources, which is listed on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE), is understood to be fundraising for $64 million needed for the Zulu Lithium Project located 80 kilometres from Bulawayo.
Similarly, Australian Stock Exchange (ASX)-listed Prospect Resources announced on Monday last week that it had roped in JR Goddard to mobilise "plant and equipment immediately" for its Arcadia Lithium Project - located 38 kilometres from Harare - with the ground-breaking ceremony expected "in the coming weeks". About $55 million will be used for the first phase of the project.
The spokesperson for Premier African Minerals Mr FuadSillem said last week from his London base that the firm is lining up a $64 million investment for its Matabeleland North venture.
Deals for coal, coal-bed methane, gold and asbestos are understood to be at different stages of execution.
Nevertheless, the bottom line is that the promises are being executed. The billions that ED and his government are fond of talking about are hitting the ground and are turning the economy around which is on the road to a solid recovery.
This will have a very strong knock-on effect for the citizens of Zimbabwe who will have extra opportunities for employment and the government will have extra cash to build infrastructure.
It is all very simple to conceive but certainly not easy to execute. It takes strategic planning. It takes an intimate knowledge of how to reverse the years of stagnation and loss. Simply put, it takes leadership.
ED is a doer. He is less interested in the campaign and far more interested in the work.
Even while his opposition sprays insults in his direction or begin their negative campaigns, ED turns the other check and gets on with the job of building a solid foundation for progress and development.
Our nation can not live on air, especially the wind coming out of the mouths of some in the opposition. Our nation survives on investment, foreign currency and being led by someone who believes in our potential.
ED believes in our potential, and it seems, the international community believes in his potential.
Everything he has done under the eyes of the international community has been achieved with full transparency and the investors have reacted in kind.
Not only are they talking a good game, but now we are witnessing before our very eyes that they are putting their money where their mouth is.
Charles (student)
The numbers have spiraled upwards from modest beginnings and now stand at a whopping $16 billion. Perhaps by the tie you are reading this they will grow even more substantially, such is the faith international investors are showing in the new Zimbabwe, and Mnangagwa's reform policies and investment-friendly politics.
Some critics have said that promises are worthless unless they are actualised, and they are.
In the mining sector, the $4,2 billion platinum project by Cyprus firm Karo Resources set to be commissioned on 23rd June.
The Government has already set up an inter-Ministerial committee to facilitate the seamless implementation of the deal.
Another firm, Premier African Resources, which is listed on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE), is understood to be fundraising for $64 million needed for the Zulu Lithium Project located 80 kilometres from Bulawayo.
Similarly, Australian Stock Exchange (ASX)-listed Prospect Resources announced on Monday last week that it had roped in JR Goddard to mobilise "plant and equipment immediately" for its Arcadia Lithium Project - located 38 kilometres from Harare - with the ground-breaking ceremony expected "in the coming weeks". About $55 million will be used for the first phase of the project.
The spokesperson for Premier African Minerals Mr FuadSillem said last week from his London base that the firm is lining up a $64 million investment for its Matabeleland North venture.
Deals for coal, coal-bed methane, gold and asbestos are understood to be at different stages of execution.
Nevertheless, the bottom line is that the promises are being executed. The billions that ED and his government are fond of talking about are hitting the ground and are turning the economy around which is on the road to a solid recovery.
This will have a very strong knock-on effect for the citizens of Zimbabwe who will have extra opportunities for employment and the government will have extra cash to build infrastructure.
It is all very simple to conceive but certainly not easy to execute. It takes strategic planning. It takes an intimate knowledge of how to reverse the years of stagnation and loss. Simply put, it takes leadership.
ED is a doer. He is less interested in the campaign and far more interested in the work.
Even while his opposition sprays insults in his direction or begin their negative campaigns, ED turns the other check and gets on with the job of building a solid foundation for progress and development.
Our nation can not live on air, especially the wind coming out of the mouths of some in the opposition. Our nation survives on investment, foreign currency and being led by someone who believes in our potential.
ED believes in our potential, and it seems, the international community believes in his potential.
Everything he has done under the eyes of the international community has been achieved with full transparency and the investors have reacted in kind.
Not only are they talking a good game, but now we are witnessing before our very eyes that they are putting their money where their mouth is.
Charles (student)
Source - Charles (student)
All articles and letters published on Bulawayo24 have been independently written by members of Bulawayo24's community. The views of users published on Bulawayo24 are therefore their own and do not necessarily represent the views of Bulawayo24. Bulawayo24 editors also reserve the right to edit or delete any and all comments received.
