Mugabe wants stakes in companies

President Robert Mugabes government has tabled a bill that seeks to transfer majority control of public companies and any other business to black Zimbabweans, a move critics say could deepen the countrys economic crisis.

A bill that the government has made public will be presented to parliament proposing indigenous black Zimbabweans receive at least a 51 percent share of those companies.

Although it is not clear how private companies will be affected, analysts say the move is likely to further damage investor confidence in Zimbabwe, which is suffering from the worlds highest inflation rate and severe food, fuel and foreign currency shortages.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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