Patrick Zhuawo

Foreign companies resisting Zimbabwe’s indigenisation programme will not be required to pay non-compliance (empowerment) levies and will instead be shut down come April 1, 2016, a Cabinet minister has said. The Confederation of Zimbabwe Industries and economists have reacted by urging companies to comply with the law, while also counselling Government to be cautious so as to protect the economy. In December 2015, President Mugabe said non-compliant companies would not be allowed to operate from…