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Mugabe's nephew targets foreign companies

by Staff reporter
22 Sep 2015 at 07:52hrs | Views

Newly appointed Indigenisation minister Patrick Zhuwao says he is going after all foreign-owned companies who have not honoured their obligations to communities they are operating in under the Community Share Ownership Trusts (CSOTs) scheme.

He said that out of the 61 CSOTs, only 21 were functional, while only $34million of the pledged $160 million had been paid.

He said the pledges have to be honoured in the next six months and he was making it his personal mission to follow up on the pledges.

Source - dailynews
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