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"Foreign firms in Zimbabwe have till April 1 to sell shares to blacks or close"

Date: March 23rd 2016
Source: RT.com

Companies owned by foreigners face closure unless they sell or give up 51 percent of their shares to black Zimbabweans by April 1, announced Indigenization Minister Patrick Zhuwao.

“Comply by that date or close shop, comply by that date or face the full wrath of the law,” Bloomberg quotes Zhuwao, who is also President Robert Mugabe’s nephew.

The land compensation question in Zimbabwe

By: Eddie Cross

Date: March 21st 2016

Source: Politicsweb


OPINION


Farm Compensation in Zimbabwe


On the 16th March 2016, the Minister of Finance in Zimbabwe tabled a memorandum in Parliament establishing a special Fund to raise and administer the payment of compensation to owners of land held in Zimbabwe under freehold tenure. The paper implied that compensation would be for four items:


1. The land itself;


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