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Zimbabwe to impose equity deadline on foreign firms‎

2012-07-27 12 Dailymotion

The government of Zimbabwe will decide on Tuesday how to deal with foreign firms that will not sell the majority of their shares to locals.<br /><br />Multinationals in the country had until Sunday to submit their plans to comply with the Indigenisation and Empowerment Law.<br /><br />The government says it is about black empowerment, but critics call it cronyism.<br /><br />Al Jazeera's Khadija Magardie reports.

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