News / National
20 ministries snub Mugabe's nephew
14 Jan 2016 at 08:20hrs | Views
20 ministers snubbed an indigenization indaba that was convened by the National Indigenization Economic Empowerment Board to engage them on the implementation of the controversial Indigenization Act.
This comes as Patrick Chinamasa reluctantly reached a compromise on the amendments of the Indigenization Act which forces foreigners to cede 51 percent of their investments to locals.
Zhuwao had invited line ministries to a familiarization seminar yesterday but they did not pitch up.
Asked why some ministries, particularly the critical Finance ministry did not send representatives to the critical indaba, Zhuwao said he would not comment on the snub by ministries.
This comes as Patrick Chinamasa reluctantly reached a compromise on the amendments of the Indigenization Act which forces foreigners to cede 51 percent of their investments to locals.
Asked why some ministries, particularly the critical Finance ministry did not send representatives to the critical indaba, Zhuwao said he would not comment on the snub by ministries.
Source - Daily News