VP Chiwenga assures investors

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By Staff Reporter

 

Vice President General Constantino Chiwenga (Retired) has said the forthcoming harmonised elections should not affect the decision-making of investors, as Government will ensure that they are held in a peaceful environment in line with Sadc and African Union guidelines.

VP Chiwenga, who was the Acting President, said this while officially opening the Zimbabwe Mining Investment Conference in Harare yesterday.

“We will soon be going for the harmonised elections,” he said. “There is no need to worry about political uncertainty and this should not adversely affect your investment decisions.

“My Government is fully committed to the holding of free, fair and credible elections which are in line with Sadc and AU principles and guidelines governing democratic elections.”

The elections dates have not yet been announced, but are expected in the next few months.
VP Chiwenga said the mining sector remained critical for the revival of the economy, with the country endowed with over 40 different types of minerals.

VP Chiwenga urged the investors to take advantage of the peace prevailing in the country and invest.
He said Government had modernised the indigenisation and empowerment policy as part of measures to attract investment, saying the 51-49 percent ownership threshold would only apply to platinum and diamond.

The conference was attended by various local and international investors and several Government officials.

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