March deadline for foreign firms as Zim curbs investors

2016-01-05 12:24

Zimbabwe has put in place a March deadline for all foreign companies to submit compliance plans and has announced new restrictions on foreign businesses.

Mugabe laws deter investors - Zim official

2015-07-21 17:31

A senior Zimbabwean official says investment has been badly hit by President Robert Mugabe's laws limiting foreign ownership of businesses.

Investment beats indigenisation - Zim survey

2015-03-20 08:41

A survey shows most Zimbabweans think foreign direct investment has a better chance of reviving the ailing economy than the president's indigenisation programme.

Zim needs clarity on indigenisation laws

2014-11-28 07:39

Zimbabwe must provide "clarity" on its controversial indigenisation programme if it is to lure investors, says its Finance Minister Patrick Chinamasa.

Foreign banks bow down to Zim empowerment

2014-10-16 08:55

Indigenisation Minister Francis Nhema says all foreign banks operating in Zimbabwe, with one exception, have complied with the country’s indigenisation laws.

Zim laws 'not vindictive'

2014-06-10 07:22

Investors are warming up to indigenisation laws, says the empowerment minister.

Zim to tone down black ownership laws

2014-05-25 17:30

Zimbabwe is planning to tone down a controversial equity law which forces foreign companies to cede a majority shareholding to local investors.

Zim bank chief urges balanced indigenisation

2014-05-08 07:54

Zimbabwe's new central bank governor says the government should balance its empowerment drive with the need to attract foreign investment to boost the economy.

Zim indigenisation law to stay

2013-12-19 21:02

The Zimbabwean government is set to fine-tune policies including the indigenisation law, which will not be amended, says Finance Minister Patrick Chinamasa.

Zim backtracks on indigenisation stake

2013-10-17 10:45

Zimbabwe says the government will not necessarily insist on a 51% stake from all foreign companies operating in Zimbabwe.


Zim to hike empowerment levy on foreign firms

2015-10-07 08:59

Zimbabwe's new indigenisation minister says the proposed 10% empowerment levy to fund indigenisation and economic empowerment will be raised to 12.5% in 2017.

Mugabe won't budge on mining compliance

2015-04-09 09:45

Zimbabwe’s indigenisation policy is open to negotiation, but there will be no compromise on the 51/49 percentage threshold for mining, says President Robert Mugabe.

Mugabe explains indigenisation policy

2015-01-29 09:15

Zimbabwe President Robert Mugabe has told a visiting French delegation that his controversial indigenisation policy 'only relates to resource-based operations'.

Zim 'willing to compensate white farmers'

2014-11-07 10:00

Zimbabwe is willing to compensate white farmers and clarify indigenisation laws to open the door for aid from Denmark, says Finance Minister Patrick Chinamasa.

Zim SABMiller unit can't hit 50% stake target

2014-09-05 12:45

Local shareholders are struggling to pay for the remaining 18% shareholding in SABMiller's Zimbabwean unit Delta Corporation to comply with empowerment laws.

Zim wants 100% land, minerals control

2014-05-30 08:50

The Zimbabwean cabinet has ordered the realignment of empowerment laws with the policy that land, minerals and tourism be owned 100% by Zimbabweans.

Villagers occupy Hulett's Zim lands

2014-05-21 13:23

Zimbabwean police have reportedly arrested 169 people who illegally occupied sugar cane land belonging to Tongaat Hulett-owned Hippo Valley and Triangle estates.

Zim: We won't grab foreign firms' shares

2014-04-23 11:45

Zimbabwe says its indigenisation policy is not necessarily cast in stone, and it is not government policy to seize 51% of foreign-owned companies’ shares.

Zim to review indigenisation deals

2013-10-31 09:31

The Zimbabwean government is set to review all indigenisation and economic empowerment agreements, says new Indigenisation Minister Francis Nhema.

Zim: Change in the air

2013-10-15 07:13

Only time will tell if a new dispensation has arrived, says Malcom Sharara.

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