News / National
Kasukuwere to start gazetting names of Zim indigenisation defiant firms
04 Oct 2011 at 08:40hrs | Views
Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere, yesterday said his ministry would from tomorrow start gazetting names of the 137 firms that have not complied with the Indigenisation and Empowerment Act with a view to cancelling their licences.
He said some officials in the MDC-T are promising multinational companies operating in Zimbabwe that it will reverse the empowerment policies adopted by government if the companies bankroll its campaign ahead of general elections next year.
He said the moves were, however, bound to fail adding government would not hesitate to take over firms that fail to meet requirements set under the laws.
He said some officials in the MDC-T are promising multinational companies operating in Zimbabwe that it will reverse the empowerment policies adopted by government if the companies bankroll its campaign ahead of general elections next year.
He said the moves were, however, bound to fail adding government would not hesitate to take over firms that fail to meet requirements set under the laws.
Source - Byo24News
