Investors Shut The Door On Zimbabwe Due To Military Brutality
11 August 2018
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Some foreign investors investors have voiced they have shut the door on Zimbabwe due to the brutality by the military seen since last week Wednesday.

Others based in London, UK on Monday told ZimEye they believe the country has nose dived on its reputation on the business front as a result of the post election violence following also threats and intentions to cause harm sounded by Emmerson Mnangagwa’s own advisor Chris Mutsvangwa, Masvingo Minister Josiah Hungwe,  and Deputy Finance Minister Terence Mukupe.

WATCH THE VIDEO (timeline 5:30) at the British Govt’s Foreign And Commonwealth Office:

Below is a statement by the Zimbabwe Business Forum Link SA:

The Zimbabwe Business Forum Link SA is a non-discriminatory investment platform that seeks to promote Zim-SA business partnership initiatives and help resuscitate the Zimbabwean economy that has been subjected to economic abuse and distortions by political leaders.

We do take note of the current post electoral events in Zimbabwe and therefore to make the following announcement to all prospective investors under the bandwith of the Forum. Investment announcements:

• We do suspend all investment deals currently underway destined for Zimbabwe till further notice

• We are not processing any business plans or packages for Zimbabwe • The forum will not be liable for any losses or sufferings incurred by its prospective member as a result of doing business in Zimbabwe

• All deals pending implementation or consideration in Zimbabwe are placed on special hold till further notice

• Any of our members or any diasporans must not send CASH to Zimbabwe rather send FOOD PARCELS. The idea is to reduce the Si b annual approximate remittances to Zimbabwe which is now the source of liquid cash being used by the Zim gvt.

Our investment and economic analysts have re assessed the investment status of Zimbabwe and graded it a “Dangerous and military zone” . We do therefore do not advise investment into a militarised economy where there is no respect for corporate governance, business ethics. constitution and human rights. We do call upon similar investment and business forums to Zimbabwe to also evaluate the Zim investment status.

The Forum will attempt to contact the HE, President Elect, Mr Emmerson Dambudzo Mnangangwa and make the following requests:

• De militarising of his cabinet and his government officials starting with the removal of Major General Sibusiso Moyo as Minister of International Trade. We quite believe that he is not a suitable and capable Trade Expert or Conduit to bring investment into Zimbabwe.

• We expect the Zimbabwean government to respect the rights and lives of its citizens and particularly of the Opposition political parties that are being targeted and persecuted for exercising their rights.

We will continue to monitor the political events as they unfold and review the investment status.

Office of the Information Directorate