Mugabe Threatens to Grab Foreign Firms in Zimbabwe

President Robert Mugabe has hinted at the possibility of taking over foreign-owned companies in retaliation for the sanctions that are directed at him and his inner circle.

Photo: Allafrica

Harare skyline

  • Zimbabwe:  Indeginisation Sparks Company Closures

    Zimbabwe Standard, 8 May 2011

    Zimbabwe's black empowerment lobby group has accused foreign owned companies of sabotaging the controversial indigenisation policy by deliberately closing shop and stripping assets ... read more »

  • Zimbabwe:  Mugabe to Grab Firm Which Stopped Buying Family Farm's Milk

    Zimbabwe Standard, 26 February 2011

    PRESIDENT Robert Mugabe yesterday marked his 87th birthday saying government is taking over Nestle Zimbabwe because it refused to buy his milk. read more »

  • Zimbabwe:  Kasukuwere Slams West On Indigenisation

    The Herald, 4 March 2010

    THE West is putting words in Prime Minister Morgan Tsvangirai's mouth by claiming the MDC-T leader is opposed to the Indigenisation and Economic Empowerment Act, a Cabinet Minister ... read more »

  • Zimbabwe:  'Indeginisation Rules Create System of Patronage'

    Zimbabwe Independent, 18 February 2010

    ZIMBABWEAN businesses want Empowerment Minister Saviour Kasukuwere's powers curtailed to limit possible corruption, businessdigest has learnt. read more »

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