Zimbabwe Parliament Approves Transfer Of White-Owned Businesses To Blacks
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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The Guardian (U.K.) | Angus Shaw | September 27, 2007 10:46 PM