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Home Business

Zimbabwean Leading Exec Busisa Moyo urges African diaspora investment to lead FDI

by SAT Reporter
May 26, 2022
in African Start ups, Business
0
Zimbabwean Leading Exec Busisa Moyo urges African diaspora investment to lead FDI
0
VIEWS

In an Africa Day drive time show in partnership with Pamtengo Radio and World Cargo Shipping, one of the many guests to share their sentiments on the impact of the day was one of Zimbabwe’s leading business executives Busisa Moyo.

Mr.Moyo is a business leader, industrialist and entrepreneur based in Zimbabwe. He is the Chairman of the Oil Expressers Association of Zimbabwe (OEAZ), the former President of Confederation of Zimbabwe Industries (CZI).

He currently Chairs the following institutions in public sector; Zimbabwe Investment and Development Agency (ZIDA) and the Zimbabwe International Trade Fair (ZITF). In Private Sector is he is currently the Chairman of Bitumen World (Private) Limited a civil engineering and construction concern, having previously served on boards in Financial Services including Barclays Bank, Zimnat Life Insurance and Aon Zimbabwe.

Busisa is currently the Chief Executive Officer of United Refineries Limited one of the largest integrated edible oil, soap and stockfeed manufacturing companies in Zimbabwe.

He has worked in agri-processing industry for more than 20 years covering management accounting, finance, operations, business leadership, strategy management, mergers and acquisitions and operationally oilseed proceesing, flour milling and high-scale plant bakeries. He was alsoinvolved extensively in Cresta Marakanelo under TA Holdings from 1999-2005 as the Head of Investments and Monitoring.

Mr.Moyo holds a Bachelor of Accounting Science Degree [BCompt] with the University of South Africa and completed his articles with Deloitte and Touche in 1999. He holds a Global Executive MBA from IESE Business School (Spain) and has also attended executive education on mergers and acquisitions at the University of Chicago Graduate School Of Business (Chicago – USA).

He is an alumnus of the International Visitors Leadership Programme conducted by the U.S. Department of State. He is an associate member of the Institute of Directors, Zimbabwe.

In an exclusive Africa Day Special Drive Time show with SAT in partnership with Pamtengo Radio and World Cargo Shipping urged the African diaspora community to move from conductive remittances to a more investment-focused remittance in order to maximize long term returns. As an example to demonstrate Africas vast opportunities from small to medium level investment he sited the growing demand for soybeans farming.

Soya-bean oil and its fractions are one of Zimbabwe’s major imports, having gobbled $ 128 million in 2020, which was $ 56 million higher than the $72 million spent in 2019, accounting for 2,54 percent of total import into Zimbabwe.

To listen to the full  interview please click on the below:

Africa Day Drive Time with The Southern African in Partnership with Pamtengo Radio Hosted by Farai Muvuti and Sam Huwa https://t.co/fwbSxqFPmP

— The Southern African Times (@TheSouthernAfr3) May 25, 2022

 

Tags: African business newsBusisa Moyo
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