The Group Chief Executive of the TN Holdings group, Mr Tawanda Nyambirai will launch an investment Trust by making a personal donation of 7.9 million TN Holdings Limited shares, representing 1.5% of the Company and valued at US$182,158 at current market value to a Trust to be established for the benefit of Diasporans who will invest in Zimbabwe through TN Bank Limited. During the Launch Mr Nyambirai will discuss his perspective on investing in Zimbabwe, the opportunities available for Zimbabweans in the Diaspora, the risks, the mitigating factors, and the rewards.

TN Bank will also offer solutions to the following challenges faced by the Zimbabweans in the Diaspora:

1. Zimbabwean agents' priorities for use of the resources sent to them from the Diaspora clash with priorities set by the diasporan benefactor.
2. Some agents simply do not account for the funds given to them.
3. Some agents divert funds entrusted to them to own use.
4. Some Diasporans want to invest in Zimbabwe, but do not have trustworthy friends and relatives through whom their plans may be executed.

Tawanda is the founder of the TN Financial Holdings Group that carried out a reverse takeover of Tedco Limited, the largest furniture manufacturer in Zimbabwe listed on the Zimbabwe Stock Exchange. The group owns TN Bank. He holds a Bachelor of Laws Honours Degree from the University of Zimbabwe and a certificate in International Conflict Resolution Studies from the University of Uppsala Sweden and is a registered legal practitioner, having practiced as a partner of Kantor and Immerman Legal Practitioners until March 1998. He is a registered Estate Administrator and a Partner of Mtetwa & Nyambirai Legal Practitioners.

As a lawyer he:

• assisted many farmers and other businesses who had been charged excessive interest by Finance Houses,
• handled the High Court cases that resulted in Econet being licensed to operate a mobile phone business,
• acted for himself against compulsory contributions to a NSSA scheme that did not have clearly defined benefits and whose operations were not required to meet the minimal transparency requirements, and among various other cases,
• acted for hundreds of porta farm squatters to prevent their forced eviction without provision of suitable alternative accommodation.

He has been the Chairman of Econet Wireless Zimbabwe, the largest telecommunications company in Zimbabwe for the last eight years and thus has played a role in the company's growth to become the largest company in the country by market capitalization and profitability. After leaving Kantor & Immerman in 1998, he joined NMB Bank, a Zimbabwe Bank listed on the Zimbabwe and London Stock Exchanges and became head of Corporate Finance of the Bank. In 2001, he established TN Financial Services, the leading financial advisory firm in the country.

Tawanda Nyambirai and his Team will be talking about investing in Zimbabwe at a seminar organized by the Law Society of England and Wales on 3 March. This seminar is already over subscribed. He is expected to launch the trust at various venues in London, Luton, Coventry, and Leicester.