The Bankers Association of Zimbabwe last night a dinner in Harare for a Russian delegation, led by Foreign Minister Sergey Lavrov, seeking investment opportunities in the country.
Event spokesperson Happiness Zengeni told Studio 7 the Russians are set to sign several deals with Zimbabwe, including huge investments in the mining sector.
Zengeni said more than 300 people drawn from various sectors of the economy attended the event.
She said the dinner is set to open a new chapter for Zimbabwe and Russia, which has some investments interests in the country.
Members of the Russian delegation referred all questions to Zimbabwe Foreign Affairs Minister, Simbarashe Mumbengegwi, who was not responding to calls on his mobile phone.
Ties between Russia and Zimbabwe date back to the southern African nation’s liberation struggle of the 1970s in which Russia trained Joshua Nkomo’s armed wing, ZIPRA, and supplied arms for fighting against Ian Douglas Smith.
Independent economist John Robertson said Russians are likely to conduct business better than the Chinese that have been exploring Zimbabwe’s natural resources since independence.