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By Bridget Mananavire The indigenisation policy, which has been largely blamed for scaring away investors, has exposed government’s confusion and inconsistencies, as President Robert Mugabe last week tasked parliamentarians to amend the law. The flawed and controversial law has been prone to misinterpretations, with Cabinet ministers routinely at each other’s throats, disagreeing on how to interpret […]
By Blessings Mashaya Morgan Tsvangirai’s MDC says President Robert Mugabe should do the right thing and overhaul the controversial indigenisation laws so as to attract the much needed foreign direct investment and not offer piecemeal but desperate concessions. In a statement yesterday, MDC spokesperson Obert Gutu said the indigenisation policy needs a thorough and complete […]
HARARE (Reuters) – Signs that Zimbabwe is relaxing its black economic empowerment drive could see a rise in British investments in the southern African nation, according to an embassy report, following an exodus of investors in recent years.