Opposition And Economic Analysts Angry With Zanu PF 10% Levy Proposal

Opposition And Economic Analysts Angry With Zanu PF 10% Levy Proposal

Opposition parties and economic analysts have criticized proposals by Youth and Indigenization Minister Patrick Zhuwao to levy companies to fund black empowerment programs. Zhuwao told the State-run Herald newspaper that under the proposed regulations, companies that have yet to comply with indigenization laws will be levied 10 percent, while those that have will be excused. The proposals have set off a storm with the Movement for Democratic Change (MDC) formation led by Welshman Ncube calling…

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