Britain’s willingness to re-engage with Zimbabwe after a two decade rift has re-ignited prospects for the country to maximise on the vast opportunities inhibited within the Commonwealth market.
The British’s re-engagement with Zimbabwe on possible investment ventures gives hope to a nation that operated with a pariah state tag for close to two decades, missing on the opportunities presented by this source market.
A journey started last year, up-scaled at the Davos meeting in Switzerland and replicated through later engagements with the Ministry of Tourism and Hospitality Industry.
The last meetings between the Minister of Foreign Affairs and International Trade, Retired Lieutenant General, Dr Sibusiso Moyo and Britain’s Foreign Secretary, Boris Johnson are all pointing to an intensified interest on the country from that source market.
Zimbabwe has already demonstrated commitment for a clean break with the past, adopting a new line of thinking embraced under the open business mantra which has seen the political leadership engaging with global business leaders, reassuring investors that the country is ready and willing to receive foreign capital.
Given the vast economic value of the Commonwealth with trade between the Commonwealth nations expected to explode to almost US$4 trillion in value by the end of next decade, the prospects for Zimbabwe to find a common footing with this market becomes vital.
Such prospects thus call for rapid introspection from every government department to align with the openness that the country is preaching to re-attract investments.
Zimbabwe made a formal application for re-admission into the Commonwealth last month, which will effectively serve as a vital source of various forms of technical assistance necessary to support the goal of political, social and economic development for the country.