13 years ago 13 years ago

Zimbabwe rejects 175 ownership proposals

by Charles Rukuni 13 years ago13 years ago

Zimbabwe today rejected 175 proposals from foreign mining companies to transfer partial ownership of their companies to Zimbabweans, the indigenization and economic empowerment minister Saviour Kasukuwere said. The companies have until September to resubmit their plans or risk losing all their holdings.

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Posted by 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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