The former Chief Executive Officer (CEO) of the Zimbabwe Investment Authority (ZIA), Richard Mubaiwa has died.
Busisa Moyo, a Zimbabwean business executive and the current Chief Executive Officer of United Refineries Ltd and also a member of the Presidential Advisory Council of Emmerson Mnangagwa announced Mubaiwa’s death saying:
“Rest In Peace Mr. Richard Mubaiwa (former CEO of Zimbabwe Investment Authority). He served the country loyally and with diligence for many years. Travelling to distant lands to mobilize investment for Zimbabwe. We salute your efforts working with @nigelchanakira & others.”
Moyo, however, did not reveal the cause of Richard Mubaiwa’s death although it is alleged that he succumbed to COVID-19.
Mubaiwa joined the then Zimbabwe Investment Centre in 1994 as an Investment Promotion Officer and rose through the ranks until he was appointed as the first Chief Executive Officer of Zimbabwe Investment Authority in 2008 after the merger of the Zimbabwe Investment Centre (ZIC) and Zimbabwe Export Processing Zones Authority (ZEPZA).
Previously he worked for the Confederation of Zimbabwe Industries (CZI) from 1992 to 1994 as a Trade Development Executive and also the Ministry of Industry and Commerce from 1986 to 1992 where he served in various capacities in the International Trade Division.
His death comes when four cabinet ministers, political and business elites, as well as many ordinary people, have since succumbed to the deadly virus.
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