Youth and Indigenisation minister Patrick Zhuwao has warned he would use radical measures to counter his critics if they continued to throw spanners in the works.

Zhuwao’s predecessors had suggested a raft of amendments to the contentious indigenisation laws, which economic analysts and some Zanu-PF members say needed drastic reviews for the country to regain investor confidence and attract the much-needed foreign direct investment to the country.
But Zhuwao has since indicated that he would not entertain any changes to the law, and instead, proposed that all companies pay an empowerment tax. Zhuwao said all those criticising him would not succeed.

Meanwhile, businessman Leo Mugabe has been reported to the police for allegedly trying to take over a multi-million dollar gasification project in Hwange through underhand deals.

Mugabe’s first bid in 2013 fell flat after major shareholders in the Build-Own-Operate and Transfer (Boot) project approached the High Court and acquired a provisional order which the company’s lawyers Samkange and Venturas said was never challenged.

Leo is the son of President Robert Mugabe’s late sister, Sabina. HCGC managing director Guo Feng said one of the minor shareholders had forged papers in a bid to grab the company. Source: newsday