Chanakira leaves ZIA

Chronicle (Zimbabwe) - - Business - Bianca Mlilo Busi­ness Re­porter

THE Zim­babwe In­vest­ment Au­thor­ity board chair­man Dr Nigel Chanakira has left the or­gan­i­sa­tion.

Ac­cord­ing to Dr Chanakira, he left ZIA on Septem­ber 30 fol­low­ing the ex­piry of his term of of­fice. ZIA pro­motes, fa­cil­i­tates, reg­u­lates and co-or­di­nates all in­vest­ment ac­tiv­i­ties in line with Gov­ern­ment pol­icy.

Its ma­jor ob­jec­tive is to en­cour­age in­vest­ments by do­mes­tic and for­eign in­vestors.

Re­spond­ing to writ­ten ques­tions, Dr Chanakira said:

“My term of of­fice at ZIA ex­pired on 30 Septem­ber 2016.”

His mo­bile phone would not go through when we called him for more de­tails.

ZIA chief ex­ec­u­tive of­fi­cer Mr Richard Mbaiwa de­clined to com­ment on the mat­ter be­fore re­fer­ring this paper to Macro-Eco­nomic Plan­ning and In­vest­ment Pro­mo­tion Min­is­ter Dr Obert Mpofu.

Speak­ing by tele­phone from Harare, Dr Mpofu de­clined that Dr Chanakira has left the in­vest­ment au­thor­ity

“There is no such de­vel­op­ment. We will no­tify you of any changes if and when they oc­cur.”

Dr Chanakira was ap­pointed ZIA board chair­man dur­ing the inclusive Gov­ern­ment in De­cem­ber 2012 by the then Min­is­ter of MacroE­co­nomic Plan­ning and In­vest­ment Pro­mo­tion Tapiwa Mashakada.

Dr Chanakira is the founder of King­dom Bank, which he nur­tured from a small op­er­a­tion and helped grow into a lead­ing in­dige­nous fi­nan­cial ser­vices group be­fore it was ac­quired by a Mau­ri­tius fi­nan­cial ser­vices group, AfrAsia.

His time of star­dom saw him col­lect­ing 17 lo­cal and in­ter­na­tional busi­ness awards as his em­pire grew in im­pres­sive fashion. — @Bian­caMlilo

Dr Nigel Chanakira

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