ZANU PF lashes out at British billionaire over investment
source: SW Radio Africa
By Alex Bell
ZANU PF has lashed out at attempts by a British billionaire to encourage foreign investment in Zimbabwe, saying they will not tolerate “backdoor entry by ‘vultures’ disguised as angels.”
Billionaire Richard Branson, who heads the Virgin business group, has urged international investment in Zimbabwe, saying on Monday that the world was wrong to wait, instead of helping the country revive itself.
Virgin Unite, the philanthropic arm of Branson’s Virgin Group, has helped create Enterprise Zimbabwe, a non-profit group aimed at connecting philanthropists and commercial investors with different opportunities in Zimbabwe. Branson said ,that the idea is to provide a ‘safe haven’ for people to invest through.
“In life, people have got to take risks. If everybody waits on the sidelines it will be the people who suffer,” said Branson. “The present state of politics in Zimbabwe is by no means perfect, but it’s a great deal better.”
“Zimbabwe, of all the African countries, it’s got the best chance of [continue reading]