| Page (1) of 1 - 11/05/09 |
|
|
HARARE (Reuters) - Zimbabwe's government has proposed that Zimbabweans take 51 percent ownership of foreign companies in the country, including mines and banks, according to a copy of a draft law seen by Reuters on Friday.
The draft regulations said Zimbabweans should hold 51 percent, or a controlling interest, in each foreign-owned business in Zimbabwe with an asset value above $500,000.
2009 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies. For additional information on other Reuters media services please visit http://about.reuters.com/media/.
Source:(c) Thomson Reuters 2009.
All Rights Reserved

iTech SolarVoice 908
