By Farai D Hove| The man who chased out investments worth $16 billion, and scared off investors through his pre meditated military terror operation on 1 August 2018, has announced he is flying to Europe to invite investors telling them that Zimbabwe is open for business.
Emmerson Mnangagwa made his trip objectives official in a Foreign Affairs statement yesterday, which comes at a time when the Industry and Commerce ministry revealed that the 1 August election violence resulted in the nation losing $16 billion worth of investment.
Mnangagwa clearly planned the military operation and on ZBC TV on the 15th of December 2017, he had it fully announced that he would use the military to change the election results so that they match an outcome that is greater than the 1980 election results[READ MORE].
Since removing Robert Mugabe in 2017, Mnangagwa has also continuously imposed several local sanctions on local business which include random legislation and draconian government policies which are destructive to industry and these include the criminalizing of “money changing” despite his economy being a multicurrency system.
In a sudden twist of events, the report says Mnangagwa “…is championing the rapprochement and reengagement with the Western world and International Financial Institutions in order to normalise relations.
“The other main priority of the President and Government is to attract FDI (Foreign Direct Investment), promote trade and sourcing of markets for our products, including promoting the country as a tourist destination under the new mantra of Zimbabwe is open business,” Foreign Affairs said.
Mnangagwa’s globetrotting escapades internationally comes at a time when Zimbabwe’s economy faces serious challenges due to external and policy shocks. Since assuming power in the November 17 2018 “coup” and revealing that the “operation restore legacy” was targeting criminals around the former president Robert Mugabe who had clung to power for the past 37 years, Mnangagwa’s second republic has failed to address corruption while continuing human rights violations on the country’s citizens.
The man (Mnangagwa), who has been Mugabe’s right hand man for over three decades is failing to redress corruption in Zimbabwe, which is ranked as number 154 least corrupt nation out of 175 countries on the 2016 Corruption Perceptions Index reported by Transparency International.