Zimbabwe to Clarify Indigenization Law, Agrees to IMF Program
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Zimbabwe will clarify its indigenization law as a means of unlocking investments in the southern African nation, according to Domenica Fanizza, head of the International Monetary Fund’s Staff Monitored Program.
“Clarifying indigenization and empowerment laws is a key measure that Zimbabwean authorities intend to take,” Fanizza said yesterday in the capital, Harare. The move will help allay investor concerns about the “security of investments and property rights” in Zimbabwe, he said.