Indeginisation Act – newzimbabwevision

‘Zhuwao failed to interpret indigenisation law, a development that has resulted in investor flight’-Zanu PF MP Justice Mayor Wadyajena,

Posted on November 7, 2016 by newzimbabwevision

A ZANU PF MP has blasted Indigenisation minister Patrick Zhuwao, accusing him of failing to interpret the country’s indigenisation laws thereby precipitating an investor flight that has exacerbated the country’s economic collapse. Gokwe-Nembudziya MP Justice Mayor Wadyajena, who is also chairperson of a Parliamentary Portfolio Committee on Youth, Indigenisation and Economic Empowerment, said Zhuwao worsened the country’s economic collapse by threatening to close down companies that failed to comply with the Indigenisation law. …

JACOB ZUMA tells Mugabe: ‘SA businesses willing to invest if Zim cleans, murky investment policy and indigenisation law’

Posted on November 4, 2016November 4, 2016 by newzimbabwevision

PRESIDENT Robert Mugabe yesterday came face-to-face with reality after visiting South African President Jacob Zuma demanded more clarity on the country’s investment policy. Zuma said Mugabe government’s dithering on the easy of doing business, security for investors and indigenisation policy could prove costly for Zimbabwe. Mugabe has consistently scoffed at the suggestion by the West to improve the investment climate arguing it was part of a “regime change agenda against his administration”. But Zuma,…