Africa-Press – Mauritius. The chief operating officer of Mauritius Finance Friday said he was excited over Zimbabwe’s plan to develop a regional financial services hub in Victoria Falls. Vinod K.
Bussawah, however, warned that for the plans to bear fruits, Zimbabwe needs to address challenges that usually affect crucial programmes, according to NewsDay Zimbabwe.
Bussawah who also chairs the board of Bard Santner Markets Inc, a Harare-based financial services outfit, made the remarks during a panel discussion at the Bard Santner – sponsored ZimTrade exporters conference in Harare.
Bussawah said: Bussawah added that his institution was working on listing a foreign asset on the exchange, a development premised on bringing breadth, diversity and opportunity to the capital market.
Bussawah added: Mauritius, as an internationally recognised jurisdiction of major repute, is home to international banks, legal firms, corporate services, investment funds and private equity funds.
Zimbabwe has ambitions of doing the same, with Victoria Falls, the country’s premier tourist destination, being positioned to become its financial services hub.
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