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Why Zimbabwe and Rwanda could offer ripe opportunities for Gulf investors
Marc Holtzman, chairman of one of the largest financial institutions in Zimbabwe, CBZ Holdings Limited, discusses how Africa could offer trade and investment opportunities for Middle Eastern businesses
Both Zimbabwe and Rwanda (pictured) are ripe for fintech investment and partnership, the chairman said, adding that CBZ Bank is open to working with UAE fintechs.
Rwanda and Zimbabwe are ripe for Middle Eastern investment as the African countries continue to press ahead with transparency drives.
That’s according to Marc Holtzman, chairman of CBZ Holdings. The group, which owns CBZ Bank, has positioned itself at the forefront to transform Zimbabwe’s financial services sector.
Marc Holtzman, chairman of CBZ Holdings
Zimbabwe is ripe for Middle Eastern investment in mining, agritech and financial technology, according to the chairman of CBZ Holdings, Zimbabwe’s biggest bank and dominant farm lender.
Marc Holtzman, who is also chairman at the Bank of Kigali – Rwanda’s largest financial institution – says Middle Eastern investors are already present in Zimbabwe and Rwanda, with Dubai Ports having a strong presence in both countries.
“With a new board in place since February last year, CBZ aims to reach global investors and become a conduit for foreign investment in Zimbabwe, including Middle Eastern investors,” Holtzman told Arabian Business.
MONTANA
When you’re called out for smearing Vice President-elect Kamala Harris on social media as a “hoe,” you ought to apologize. But after Montana Rep. Kerry White, R, an advisor to Montana Republican Gov.-elect Greg Gianforte, called Joe Biden and Kamala Harris “Joe and hoe,” he tried to paint himself as the victim, according to the
Great Falls Tribune: “So much hate that someone actually photoshopped an inappropriate post … and claimed I was the person who posted it. Don’t know who this person is or their motivation but I will pray for them.” Later, he claimed he was “misinterpreted”: “Hoe,” he insisted, was merely shorthand for “someone who had dug in or become entrenched.” White concluded with a classic non-apology apology: “If that offended anybody, I am sorry.”