Zimbabwe Business Delegation To Visit SA

The delegation is expected to leave for South Africa in June.

The meetings follow a similar top level delegation from South Africa that came to Zimbabwe last month, led by business mogul, Patrice Motsepe.

The Zimbabweans are expected to discuss the business environment in the country as well as which industires to invest in.

Last month more than 22 business executives visited Zimbabwe from SA and held meetings with the country’s industrial, business and political leadership.

David Govere, Employers Confederation of Zimbabwe (Emcoz) leader said they would meet in Harare before going to South Africa for the top level meeting.

Addressing an Emcoz meeting in Harare, Patterson Timba, Chief Executive Officer and Executive Chairman of Africa Reinsurance Corporation Limited (AFRE) said Zimbabwe needed money to save its ailing economy.

"We continue to deny reality but we are very broke. We are a naive nation and continue to deny what is there. We have collectively destroyed Zimbabwe but we continue to deny it."

Zimbabwe currently needs US$ 8,5 billion to save its economy damaged in the past decade due to political instability.