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*Zimbabwe Should Negotiate Better Deals- Busisa Moyo* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?qo United Refineries Ltd chief executive Busisa Moyo has said Zimbabwe should negotiate better deals with foreign capital to curb illicit financial flows in the country. He said this at the ongoing CEO Africa Roundtable 2019 in Victoria Falls yesterday. Said Moyo: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > We have to be smart about how we structure foreign direct investment (FDI) in this country so that we don’t experience high levels of illicit flows, because that is where they start. There are some deals that are just not good for us in the long-term. You can look at Malaysia back at 1965 and see that such investment has brought benefits. We want those kinds of deals where partners come in with private equity fund, time horizons and decent rates. The challenge that we have got are these illicit deals that come at a cost, for instance, 36 percent in United States dollar terms, you know you are just signing your life away. And that is the real challenge in structuring these inward FDI. More: Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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