![]() |
Robert Mugabe Zimbabwe President |
Zimbabwean authorities has said that they have given foreign shop-owners, mostly Nigerian nationals, an ultimatum to shut down their businesses by Jan. 1, 2014.
foreign businesses targeted under the nation’s black empowerment laws, the state-controlled Herald newspaper reported Friday.
Those laws, passed in 2007, demand foreign businesses to cede 51 percent control to local blacks.The foreign shop owners have been criticized for taking retail trade opportunities from
Zimbabwean traders by selling cheap imports.
Poor townships and city flea markets have in recent years been inundated by shops run by foreigners.
According to state media, shop owners who fail to comply will be arrested.
No comments:
Post a Comment
place your comment