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'Fear' drives indigenisation in Zimbabwe

'Fear' drives indigenisation in Zimbabwe

18 Jan 2013 00:00 - Ray Ndlovu
Foreign firms in Zimbabwe are opting to protect their investments instead of fighting the new Zanu-PF indigenisation law.
Zim targets Tongaat Hulett in indigenisation scheme

Zim targets Tongaat Hulett in indigenisation scheme

01 Nov 2012 12:16 - Ray Ndlovu
Zimbabwe has turned up the heat on its indigenisation programme and issued a 14-day ultimatum to Tongaat Hulett's unit in the country, Triangle.

Zim's indigenisation policy 'scaring off' investors

18 Mar 2012 13:28 - Reagan Mashavave
Analysts say Zimbabwe's forcing of foreign firms to hand over a 51% stake will scare away much-needed investment despite assurances to the contrary.
Struggle for Zimplats not over yet

Struggle for Zimplats not over yet

16 Mar 2012 12:18 - Tawanda Karombo
There's still been no deal set in stone on indigenising Impala's Zimbabwe operation despite the progress that has been made so far.

Zimplats' call for extension denied

07 Mar 2012 14:02 - Staff Reporter
Zimbabwe has rejected a request by platinum miner Zimplats to extend a deadline to hand over a nearly 30% stake under a contentious equity law.

Zim's Kasukuwere threatens Implats with takeover

01 Mar 2012 13:53 - Gillian Gotora
Indigenisation Minister Saviour Kasukuwere has warned Impala Platinum he will take the mine over if it doesn't comply with Zimbabwe's BEE laws.
Tsvangirai slams Zimbabwe's equity law

Tsvangirai slams Zimbabwe's equity law

17 Oct 2011 15:56 - Staff Reporter
The MDC is opposed to a new law giving local blacks majority shares in foreign companies and plans its own project to lure foreign investment.

Zimbabwe government spending a 'nightmare'

29 Sep 2011 14:49 - MacDonald Dzirutwe
Government spending in Zimbabwe is a big concern while disunity regarding black empowerment is discouraging investment, says Tendai Biti.

Zim to probe foreign firms over ownership law

27 Sep 2011 14:20 - Nelson Banya
Zimbabwe is due to probe firms to establish their level of compliance with a law that forces them to sell at least 51% of shares to Zimbabwe locals.
Deadline looms for foreign firms in Zimbabwe

Deadline looms for foreign firms in Zimbabwe

24 Sep 2011 09:50 - Reagan Mashavave
Foreign companies operating in Zimbabwe have until Sunday to hand in plans to sell majority stakes to local investors.

Zimbabwe softens tone with foreign miners

14 Sep 2011 14:51 - Staff Reporter
Zimbabwe says it will not suspend any mining permits and exceptions may be made to laws requiring foreign miners to give majority stakes to locals.

Over 50 Zim mines face the axe, say reports

08 Sep 2011 13:48 - Staff Reporter
More than 50 foreign-owned mining firms risk losing their licences after failing to submit acceptable indigenisation plans, media reports say.

Zim policies need to be changed, says IMF

10 Jun 2011 11:29 - Moyagabo Maake
Zimbabwean growth would most likely decelerate in 2011 if the government's policies remained unchanged, the International Monetary Fund has said.

Fears tighten screws on Zim business

29 Apr 2011 13:17 - Ray Ndlovu
Country's fragile economic recovery placed at risk by uncertainty surrounding Zanu-PF policies.
Tsvangirai denounces Zim nationalisation plans

Tsvangirai denounces Zim nationalisation plans

19 Apr 2011 11:39 - Cris Chinaka
Zimbabwean President Robert Mugabe's main rival has denounced his plans to nationalise foreign-owned firms as "looting and plunder" by a greedy elite.
Miners offer compromise on Zim equity rules

Miners offer compromise on Zim equity rules

08 Apr 2011 17:12 - Staff Reporter
Zimbabwe's mining industry proposed on Friday that "social investments" count towards meeting new indigenisation regulations.
Zim empowerment law must 'respect property rights'

Zim empowerment law must 'respect property rights'

05 Apr 2011 12:55 - Staff Reporter
The IMF has urged Zimbabwe to respect private property rights as it implements a new law forcing foreign firms to sell majority shares to locals.
Zim to take over foreign-owned mining firms

Zim to take over foreign-owned mining firms

28 Mar 2011 14:06 - Staff Reporter
All foreign-owned mining companies in Zimbabwe will be required to sell majority stakes to locals, under new regulations released on Monday.

Markets reel as firms are forced to 'indigenise'

06 Aug 2010 17:06 - Ray Ndlovu
Some 480 firms have so far submitted proposals to the indigenisation ministry it is understood to be "in the process of sending out legal notices.

Zim miners offer compromise on local ownership law

20 May 2010 07:11 - Staff Reporter
Zimbabwe's Chamber of Mines on Wednesday proposed a compromise in the government's drive to force foreign firms to give 51% stakes to locals.

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