Mega Deals Are Fake, France Warns Mugabe
5 June 2015
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France’s Ambassador says his country is a serious foreign investor Zimbabwe should consider which does not strike “mega” deals which he described as “hit” and “run” business deals.

President Robert Mugabe last year signed a number of mega deals with China and Russia which are yet to be realized.
Speaking to journalists in Harare Friday after a high level diplomatic meeting he held together with the visiting French Deputy Secretary of Foreign Affairs Mr Rémy Rioux, and government officials French Ambassador to Zimbabwe Laurent Delahousse said his country signs genuine business contracts.
“What I want to stress is the approach of French companies in Zimbabwe is not an approach for deals.
“French companies are not looking for deals, be they legit deals or shady deals or even mega deals. That is not their interest.
“French deals are looking for clever, win-win, long term business relations in Zimbabwe. When they come to Zimbabwe it is not for three years, it is for the long term.
“Total has been here in a long term, Lafarge has been here in a long term.
“You will not see French companies do a deal and then disappear. It is not hit and run. It is investing in a long term.
“So it needs security, it needs of-course certainty on the protection of your investment. It needs some security on the legal issues .It needs security on property right” he said.

3 Replies to “Mega Deals Are Fake, France Warns Mugabe”

  1. For Sure Wilbert has said it all as usual well said Wilbert keep it up!

  2. When Mugabe signed the ZimAsset mega deals with China and Russia the terms were so favourable to the two Asian giants topped up with secretive diamond deals the Chinese and Russians could simply not refuse. They have since taken up the diamond mining deals but have yet to start on the other deals.
    Mugabe was hoping that by signing the mega deals with China and Russian it would open the flood gates for other deals; sadly that did not happen.
    Mugabe’s Zimasset plan is dead because he has failed to get anyone to anyone to bankroll his $27 billion plan. The only two cheques he got form the Chinese and Russians are all post dated and unsigned!

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