Zimbabwe Parliament Approves Transfer Of White-Owned Businesses To Blacks
The Guardian (U.K.):
White Zimbabweans found themselves a step closer to losing control of their businesses to black people yesterday as a result of new government legislation.
The ruling Zanu-PF party in parliament approved the indigenisation and economic empowerment bill on Wednesday night. The proposed law calls for white owners to hand over 51% of their business interests to black people. Opposition MPs walked out of the sitting, saying the bill was racist and unconstitutional.






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First Posted: 09-27-07 10:46 PM | Updated: 03-28-08 02:45 AM