Zimbabwe's First Post-Mugabe Budget

Emmerson Mnangagwa's government has moved to restrict former President Robert Mugabe's signature indigenisation law which forces foreign businesses to ensure 51 percent equity ownership by black locals, while proposing several measures to cut recurrent expenditure, including cutting down the executive, reducing staff benefits and restrictions on travels in the 2018 Budget presented by Finance Minister Patrick Chinamasa.

The House is almost full as the Speaker of Parliament, Jacob Mudenda walks in. Some opposition backbenchers shout "Safety guaranteed!" as they prepare to hear the national Budget.


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