Jump to navigation

Vol 49 No 7

Published 28th March 2008


Marking ballots, selling shares

Companies are watching the elections with a particular focus - the implementation of the Indigenisation and Empowerment Act. Announced by President Robert Mugabe on 7 March, the Act compels all foreign-owned companies (and many locally-owned ones) to sell 51% of their equity to indigenous Zimbabweans, those of African descent.

End of preview - This article contains approximately 731 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.