Hon Walter Mzembi, November 2013
This is a transcript of a speech delivered by Hon Walter Mzembi, Zimbabwe minister of tourism, on 8 November 2013 at Chatham House.
Hon Walter Mzembi discussed Zimbabwe's regional cooperation on tourism and investment and presented his views on the investment climate and the prospects for political stability and economic growth after the elections.
Hon Walter Mzembi, Minister of Tourism, Republic of Zimbabwe
Chair: Alex Vines, Research Director, Area Studies and International Law; Head, Africa Programme, Chatham House
While international attention remains focused on the 2013 election process, fluctuations in the Zimbabwe stock exchange observed during the election period are beginning to settle and the government is increasingly looking towards attracting investors as a means of boosting economic growth in the country. This year Zimbabwe co-hosted the United Nations World Tourism Organization General Assembly. Tourism is expected to account for over eight per cent of the country's GDP over the next 10 years, and promoting tourism remains central to the government’s agenda.
After its stinging defeat in Zimbabwe's election, it will be difficult for the Movement for Democratic Change to come back as a national party, argues Knox Chitiyo.
Opposition concerns about the election amount to more than sour grapes. But the fact is that many voters chose Robert Mugabe, writes Knox Chitiyo.
This time the outcome is far from certain. The elections have galvanized support for opposition leader Morgan Tsvangirai, says Knox Chitiyo.
Many Western countries, particularly those once vehemently opposed to Mugabe such as the US and the UK, have softened their tone of late, says Knox Chitiyo.