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‘No immediate plans to amend indigenisation’
NewsDay Staff ·
INDIGENISATION and Economic Empowerment minister Saviour Kasukuwere says government has no immediate plans to amend Indigenisation and Economic Empowerment regulations.
Report by Tarisai Mandizha/ Moses Matenga
His remarks followed reports that the Indigenisation and Economic Empowerment legislation, which compels foreign-owned companies operating in the country to surrender 51% equity to locals, was being amended, a development that was likely to scare investors.
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