Since his rise to power nearly 14 months ago, Zimbabwean President Emmerson Mnangagwa has anchored his rule on the mantra “Zimbabwe is open for business”. But this is just half of the reality for the country’s businesses; there are investment opportunities but there are also risks. Mnangagwa has chosen to focus on the former. This week he travels to the World Economic Forum in Davos, Switzerland, to try to persuade the global business elite to invest in the country.
But foreign-owned companies are struggling to repatriate their earnings. View the original article here.