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Zimbabwe Indiginizes Companies

March 31, 2016

Robert Mugabe has been president of Zimbabwe since 1987 and has ruled with an iron fist. He wants to remove the last vestages of colonial rule. This process is called "indiginization."

https://p.dw.com/p/1IMb0
Image: picture-alliance/dpa/O. Andersen

Starting April 1st, black Zimbabweans must own 51% of companies working in the country. Many are selling off their companies.

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Video (streaming): Zimbabwe indiginizes companies

Video (streaming): Zimbabwe indiginizes companies

Robert Mugabe has been president of Zimbabwe since 1987 and has ruled with an iron fist. He wants to remove the last vestages of colonial rule. This process is called "indiginization." Starting April 1st, black Zimbabweans must own 51 percent of companies working in the country. Many are selling off their firms.
March 31, 201602:32 min