Zimbabwe Won't Strictly Implement Black Ownership Law, Newsday Reports

Zimbabwe won’t strictly implement a law to compel foreign companies to sell 51 percent of their assets to black Zimbabweans because the economy is struggling and there is a need to attract foreign investment, Newsday reported, citing Welshman Ncube, the country’s industry minister.

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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