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Zimbabwe May Amend Indigenization Law

Zimbabwe’s President Robert Mugabe says the country needs to rethink its indigenization policy. His comment comes less than two weeks after the March 31 deadline for foreign companies to transfer majority shares to black Zimbabweans. President Robert Mugabe said in a statement Tuesday that the indigenization policy is creating “confusion” and discouraging foreign investment. The law was passed in 2008, and Mugabe says parts of it may now need to be...

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