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Zim govt to change policies to attract more investors

Emmerson Mnangagwa says his administration will focus on economics and trade cooperation but to do that some policies set by the previous regime must be amended.

Zimbabwean President Emmerson Mnangagwa is seen addressing a large crowd at the Zimbabwean Embassy in Pretoria. Mnangagwa is in the country on his first working visit since he was inaugurated in Harare last month. Picture: Ihsaan Haffejee/EWN

JOHANNESBURG - Zimbabwe's interim president Emmerson Mnangagwa says that his government is working on changing the country's policies in order to attract investors.

The statesman was addressing business people at the country's consulate in Pretoria on his first working visit since his inauguration last month.

Mnangagwa took over the country's leadership after former President Robert Mugabe resigned following a military take over.

He says his administration will focus on economics and trade cooperation but to do that, some policies set by the previous regime must be amended.

“We need to revisit our own legislation in Zimbabwe to open up business. With my team, we first began to look at the indigenisation legislation.”

Business people who attended the event say they are confident in Zimbabwe’s future under Mnangagwa.

Zimbabwean businessman living in South Africa, Doug Munatsi, says that he is ready to explore opportunities.

“Mine is to see whether the opportunities that are there are real and what to do with them. I’m really optimistic.”

Mnangagwa also met with President Jacob Zuma on Thursday in order to ensure that bilateral relations persist between the two countries.

WATCH: Zimbabwe is open for business, says Mnangagwa on visit to SA