World Bank Appoints Zim Representative
6 hours 2 minutes ago
Harare, June 15, 2011 – The World Bank has stepped up its engagement with
Zimbabwe as it has appointed a country manager for Harare ending a two year
absence in a country whose economy is still faced with high unemployment and
low economic activity.
On Wednesday, the new representative Kundhavi Kadiresan met with various
business representatives and senior government officials, including Finance
Minister Tendai Biti. Kadiresan, who will be based in Lusaka will also be in
charge of Malawi and Zambia respectively. Previously, she was based in
Uganda. Kadiresan refused reveal her strategy and plans for Zimbabwe saying
she was still consulting.
“This is my first visit and an introductory visit, but I will be based in
Lusaka,” she told Radio VOP.
“I will be meeting with senior government officials, private sector and
other developing partners.”
One of the main issues which Kadiresan will address is to produce a debt
strategy on Zimbabwe and also assist the country with policy formulation.
The World Bank ended engagement with Zimbabwe in 2002, following the holding
of the presidential elections which the West condemned as a sham.
On Wednesday morning, she had a breakfast meeting with Tawanda Gumbo, CEO,
Deloitte & Touche,Winston Chitando, CEO, Mimosa Mining, Lishon Chipango,
CEO, Interfresh,Tendai Madziwanyika, Managing Director, African Sun Limited,
Kumbirai Katsande, Managing Director, Nestle Zimbabwe, Luke Ngwerume, Group
Chief Ex Officer, Old Mutual, Bothwell Nyajeka, Chief Finance Officer, TA
Holdings, Charles Taffs, Vice President, Commercial Farmers Union, Mhembere,
Zimplats, CEO/MD, Mr. Matiza, ZNCC, CEO and Mushayavanhu, BAZ President, CEO
for FBC Bank at a local hotel.