Zim Activist Warns VP Mnangagwa About Harmful Foreign Investment Deals

19/07/2015 08:07

In an opinion piece, human rights activist and Director of the Centre for Resource Governance Farai Maguwu warns Vice-President Emmerson Mnangagwa, who recently visited China and plans to visit Europe shortly, seeking foreign investment and development assistance funds. Maguwu claims Mnagagwa, who is named as potential successor of current Zimbabwe President Mugabe, was highly involved in the entry of Anjin Investment in the Marange diamond fields, a deal that turned out to be highly disadvantageous for the country, Maguwu says. While the author commends the VP for undertaking a trip to Europe, given the frosty relations between Zimbabwe and the West, Maguwu warns that investment projects need to be negotiated transparently, with wide consultations with all stakeholders, including communities to be affected by such investments.