Mnangagwa’s govt keeps Russian investor guessing




Russia's Foreign Minister Sergei Lavrov (3rdL) shakes hands with Zimbabwe's President Emmerson Mnangagwa (C) at his Munhumutapa Offices in Harare
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A Russian investor has said negotiations to buy shareholding in fertiliser manufacturing firm Chemplex Corporation are moving slowly amid fears government’s lethargy will affect its efforts to lure foreign direct investment (FDI).

In January, Russian fertiliser giant Uralchem signed a memorandum of understanding with government to acquire not less than 50 percent shareholding in Chemplex during President Emmerson Mnangagwa’s trip to Moscow as he lured investors under the Zimbabwe is open for business mantra.

More to follow….