Indigenisation and economic empowerment policies are not cast in stone and foreigners can hold majority shareholding in any enterprise depending on the nature of their investment, the President has said. President Mugabe said this during celebrations to mark the country's 34th Independence anniversary at the National Sports Stadium in Harare last Friday.
"Now in implementing the indigenisation programme, there has been some confusion. We have said where big companies have been established mainly on the basis of our natural resources, in mining, in agriculture, manufacturing, we demand that Zimbabweans -- either through the Government or through our people -- should have 51 percent or not less than 51 percent.
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