Tsvangirai condemns move to control foreign banks


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Prime Minister Morgan Tsvangirai today condemned an announcement that foreign-owned banks should hand over a controlling stake to black Zimbabweans within a year. The move was announced by Indigenisation Minister Saviour Kasukuwere but Tsvangirai said that the government had neither discussed nor approved the announcement.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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