Dangote warned against investing in Zim

HARARE - Exiled anti-President Robert Mugabe activist Evan Mawarire has warned Nigerian billionaire businessman Aliko Dangote against investing in Zimbabwe, saying government ministers will plunder his funds.

Dangote — with vast interests in commodities across Africa — visited Zimbabwe and met Mugabe last year, with the intention to invest in a multi-million dollar cement manufacturing plant in the country.

However, over a year down the line, the continent’s richest man is yet to invest in the country.

Mawarire — who recently became the face of the Zimbabwean struggle through his #ThisFlag movement — wrote “ . . . I told . . . Dangote that in Zimbabwe government ministers loot investors’ money #ThisFlag @ThisFlag1980”, before he posted a picture of himself with the tycoon on his Twitter account.

Mawarire’s remarks come as anti-government protester Patson Dzamara has petitioned the Word Bank not to bail out Zimbabwe because of escalating human rights abuses and repression at the hands of Mugabe’s regime.

Dangote’s project is one of the many vaunted deals that Zimbabwe signed, including those with China and Russia.

All the deals seem to have suffered a stillbirth as nothing has so far materialised.

Mugabe signed nine so-called “landmark agreements” with China in August 2014, which were touted by government spin-doctors at the time as imminent and massively significant for investment-parched Zimbabwe.

Another agreement with the Russians involving a $3 billion platinum project in Darwendale is also shrouded in mystery.

Zimbabwe has been embroiled in a serious presidency succession matrix and allegations of corruption, which many say have resulted in businesspeople being sceptical about investing in the country.

Many businesspeople shun Zimbabwe due to its warped policies that are changed at every turn to suit the government’s demands.

There have also been allegations that ministers and other bigwigs use their influence to get kickbacks from investors and facilitate them to embark on certain productive projects in the country.

Comments (5)

so sad, how do u intend to govern when u are telling investors not to invest in the country? no wonder this nation is in a mess. Americans can differ politically but on matters of economic emancipation and foreign policy they all agree, why cant we emulate the same? IT really really boggles the mind.

ad zoo - 21 September 2016

There is nothing more to steal left on this economy just a bones and carcass. The looters should be put on a hunger diet and left to die a natural death.

X-MAN IV - 21 September 2016

I totally disagree with ad zoo due to the fact that we cannot as citizens support a gvt that is maiming, beating us for merely saying the status quo is bad. We cannot support a party that steals, diverts, rigs elections for them to remain with political power at all costs, to the extend of killing and making citizens disappear in broad day light. It is true that Zimbabwe is still a bad dstination for investment because the whole government is corrupt, including its president period. This is what we as citizens of Zimbabwe will be telling the outside world until ZANU dies forever. We have sufferred enough in the hands of this so called liberation party, its now a Terrorists Party.

Disagree - 22 September 2016

You have to be totally insane to support a "government" that fails to pay its workers but has money for useless rallies, tear-gas, water canons (when the taps in the homes are dry) and every other idiotic thing you can think of. This entire band of bandits must be put before a firing squad. ALL OF THEM

Sagitarr - 23 September 2016

Mawarire seem not know what he wants , he wants to stand for the nation but he is now saying which negatively affect people at home . How can he ask someone who wants invest in the country stop doing so , is it because he no longer resides in the mother country . He has already forgotten about his mission

PINIEL - 23 September 2016

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