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Enlightened

Zimbabwe: Solidarity Is the Purest Form of Investment

By Obi Egbuna, 16 October 2011

On Wednesday October 5, 2011 the Corporate Council on Africa sponsored a forum entitled "Doing Business in Zimbabwe", at the Omni Shoreham Hotel in Washington DC.

The panelists were Mr Tawanda Gumbo, chairman of the American Business Association of Zimbabwe, Mr Grant Flanagan, chief investment officer of Imara Asset Management, Mr Winston Chitando, Managing Director of Mimosa Mining Company, Mrs Priscilla Mutembwa, Managing Director of Cargill Cotton Zimbabwe and Mr Jeremy Youmans, Group Financial Director of Paramount Group.

Mr Stephen Hayes the President and CEO of CCA, said this was the most anticipated forum of their annual conference, and the conclusion was based on the feedback of all who were in attendance.

The highlight of the forum was the fact that the US Ambassador to Zimbabwe Mr Charles Ray and the Zimbabwean Ambassador to the US Dr Machivenyika Mapuranga, appeared on a platform together for the first time. This, in the estimation of those in attendance, was considered a diplomatic milestone.

After Ambassador Ray announced that Zimbabwe was officially opened for business, his statement was received with a thunderous applause.

Obi Egbuna is the US Correspondent of The Herald and is based in Washington DC.