The Herald (Harare)
11 June 2008
The World Economic Forum on Africa ended in Cape Town at the weekend with Zimbabwean businessman Mr Nigel Chanakira telling participants Zimbabwe was still an attractive investment destination despite current economic challenges.
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The country doesnt respect property rights and the indiginisation act which gives other people a 51.49% stake in your business wouldn't attract investors. This is another load of guff from........The Horrid, brought to you by the Junta Of Ciminals.
Sorry Glynn but I'm forced to repeat myself. There is no security of tenure of stability in any business venture in Zim. Bob and Grace have looted everything worth taking and as you say...they are about to enforce all companies to sell or award over 50% of their shares or assets to Zimbabweans. I assume by this they mean ZPF cronies. There isn't a company or investor in the whole world who will expose themselves to that risk.
Why not get the Junta to invest. At least the FOREX will come back home from Switzerland or Malaysia.
who would waste their money investing into Zimbabwe? Its on the brink of a civil war.