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The risk of indigenising banks

By Lance MambondianiBanking, Companies, Money, Stock Market
barclays

A YEAR ago, David Brown – the head of Impala Platinum – believed Zimbabwe’s indigenisation plans for foreign-owned mines “would not happen”. The policy, which required all companies with a share capital above US$500,000 to arrange for 51 percent of … Read more

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Indigenisation: MDC-T losing the argument

By Psychology MaziwisaBusiness, Companies, Mining, Politics
kasukuwere-20072011

ZANU PF has historically stood up for the underdog, but there is a much more significant reason why Indigenisation Minister Saviour Kasukuwere should continue to stand up to the forces of evil currently emanating from the MDC-T establishment: if he … Read more

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A new ‘indigenous’ stock market for Zimbabwe?

By Alex MagaisaCompanies, Politics, Stock Market
stockexchange-2

I WONDER if designers of the indigenisation laws considered the practical ramifications of the 51% indigenous ownership rule particularly in the case of publicly-listed companies. It is effectively means that 51% of all publicly-traded companies required to comply with the … Read more

122 Comments

Economic freedom in our lifetime: a just cause

By Psychology MaziwisaCompanies, Mining, Politics

AFTER years of reprehensible neglect, Zanu PF is finally restoring Zimbabwe back to its dignified ways. And it may still be guilty of a few things including widespread corruption and limitless greed but its present attempt through the indigenisation drive … Read more

114 Comments

Sinister agenda behind indigenisation misrepresentations

By Psychology MaziwisaBusiness, Companies, Mining, Politics
kasukuwere-20072011

THE distortion by Reuters of Saviour Kasukuwere’s July 20 speech on indigenisation was ample proof that some journalists have become more concerned about the headlines than the spirit of journalism. And although it may not have been as spine-chilling as … Read more

110 Comments

Anti-indigenisation conspiracy unravelling

By Psychology MaziwisaCompanies, Mining

WHEN people start to oppose just because they can, countries suffer, dark forces set in and development withers. As Tony Blair has observed in his memoir, “politics is a conspiracy against rational decision-making”. It’s a statement whose value lies not … Read more

95 Comments

Bloch: champion of the privileged

By Psychology MaziwisaBusiness, Companies, Politics

ZIMBABWEANS should not be tricked into believing Eric Bloch’s flagrant lie that he is committed to the empowerment of indigenous Zimbabweans. Of course he is merely paying lip-service. Crocodiles cannot fly. By most accounts, he remains a champion of the … Read more

98 Comments

Indigenisation: robbing Peter to pay Chamunorwa

By Lenox MhlangaBusiness, Companies, Politics

I COULD have written a syrupy piece about our Independence until I reasoned that I could be dancing out of tune. Surely, after 31 years of self-destruction, what is there to celebrate? So I decided to be more realistic and … Read more

99 Comments

Indigenisation: looking at the bigger picture

By Psychology MaziwisaBusiness, Companies, Mining, Politics

ZIMBABWE’S indigenisation and empowerment law, whose present focus is on the mining sector, has been called many things: ‘destructive’, inimical to ‘property rights, devoid of justice, unconstitutional, tantamount to theft’ and certain to bring about ‘the imminent and total demise … Read more

81 Comments

Indigenisation: the Last Chimurenga

By Jonathan MoyoCompanies, Economics, Politics

NOW that the dodgy politics of the GPA government have become part of the ignominy of history thanks to the treachery of the MDC formations, an unmistakably new and arguably the last revolution is sweeping across the country. Zimbabweans are … Read more

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