Diaspora Community Praised for Boosting Zimbabwe’s Economy Through Investments
Harare, Zimbabwe | President Emmerson Mnangagwa has commended the Zimbabwean diaspora for playing a pivotal role in attracting foreign investors to the country, aligning with the ‘Zimbabwe is open for business’ initiative.
This policy facilitates the influx of much-needed capital, strengthening the nation’s economy.
The President expressed his appreciation during his keynote speech at the closing ceremony of the second edition of the Zim Afro T10 cricket tournament, held at Harare Sports Club.
“I extend my heartfelt gratitude to our diaspora community for their tireless efforts in convincing investors to bring their resources to Zimbabwe, particularly in the realm of cricket,” said Mnangagwa.
He emphasized the importance of inclusivity, stating, “Together, we will ensure that no one and no place is left behind, especially in sports.”
Looking ahead, Mnangagwa urged the Ministry of Sport, Recreation, Arts and Culture, along with Zimbabwe Cricket and other stakeholders, to channel efforts toward grassroots development, ensuring that opportunities reach village level.
The President was among a large audience witnessing the final match. He was accompanied by UAE billionaire Shaji Ul Mulk, founder and chairman of T Ten Global Sports, Home Affairs Minister Kazembe Kazembe, and award-winning diasporan investor Dr. Paul Tungwarara, closely following the game.
In April 2022, under Mnangagwa’s leadership, Zimbabwe’s Second Republic approved projects worth USD 1 billion from Mulk Holdings. Dr. Tungwarara initially brought Mulk into the country, and Mulk has been instrumental in organizing the T10 tournament under the banner of T Ten Global Sports.
President Mnangagwa also highlighted the tournament’s vast international reach, noting that it is broadcast live in 100 countries with an audience exceeding 400 million viewers, providing significant global exposure for Zimbabwe.
