Chinamasa court Dubai investors


Finance Minister, Patrick Chinamasa

FINANCE Minister, Patrick Chinamasa, is today expected to fly out to Dubai to court global investors at the Institute of Chartered Accountants of Zimbabwe (ICAZ)’s Winter School, where he has accepted to be the key note speaker.
This year’s Winter School is the first since the formation of the institute in 1918 to be held outside Zimbabwe.
The Winter School, scheduled to run between tomorrow and August 10 at a five star blend of city conference and resort hotel, the Grand Hyatt Dubai Towers, will be held under the theme: “Expanding horizons, elevating minds-Unlocking Zimbabwe’s tourism and investment potential”, with the aim of showcasing Zimbabwe as a viable tourist and investment destination.
It is understood that a number of outside bodies, including the Institute of Chartered Accountants of England and Wales have partnered ICAZ to market the event to potential investors across the globe.
The Financial Gazette’s Companies & Markets can reveal that at least 400 Zimbabwean chartered accountants (CAs) and guests from across the globe are expected to descend on the shores of Dubai, the second largest emirate of the United Arab Emirates (UAE) for the flagship event.
Of this number, 30 percent of the CAs will be from the Diaspora, becoming the most globally inclusive Winter School in ICAZ history.
Apart from Zimbabwe and the UAE, 16 other countries will be represented, including Australia, United Kingdom, United States of America, Zambia, South Africa, Canada, Nigeria, Myanmar, France, Cayman Islands and Bermuda.
A blend of Zimbabwean and Dubai-based speakers and panellists have been put together.
Apart from Chinamasa, several other speakers including Tourism and Hospitality Minister, Walter Mzembi, Industry and Commerce Minister, Michael Bimha, Reserve Bank of Zimbabwe deputy governor, Kupukile Mlambo, Zimbabwe Investment Authority chairman, Nigel Chanakira and Former African Sun chief executive officer, Shingi Munyeza, have been lined up to present papers at the flagship event.
Africa Export Import Bank (Afreximbank) executive vice president responsible for finance, treasury, credit risk, administration and banking services functions of the bank,Denys Denya, regional director of the Institute of Chartered Accountants of England and Wales, Mike Armstrong, the secretary of the Institute of Chartered Accountants of India, Naveen Sharma, the chief executive officer of Atlas Mara based in Dubai, John Vitalo , Emirates NBD economist, Athanasios Tsetsonis, Bryan Stirewalt and the managing director for Dubai Financial Services Authority, are also expected to present papers at the event.
UAE based telecommunications service provider, Emirates Telecommunications Corporation (Etisalat) director of internal audit, Benard Tapera, who is the chairman of the ICAZ UAE Chapter is excited about the ground breaking overseas Winter School.
“Everything is pointing towards a memorable event, one sure to linger on for a very long time,” said Tapera who chairs the organising committee.
He added: “The theme of this year’s Winter School has been carefully selected to buttress the fundamental desire for ICAZ to become a truly global organisation that reflects the demographic spread of its members. We strongly believe in the untapped intrinsic value of the global outreach of our members who have successfully carved out careers in different parts of the world and this can only be harnessed through increased networking on the global stage.
“As you will find out, Dubai is a wonderful city, with an amazing story of rapid development over a ridiculously short period of time. As a chapter, we believe that our minds as Zimbabwean CAs and captains of industry will be elevated through interaction and listening to presentations from the individuals behind the Dubai success story.”