Mugabe to go ahead with indigenisation


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President Robert Mugabe today said he saw his victory in the 31 July elections as a mandate for “total” application of policies forcing foreign-owned firms to sell majority stakes to local investors. “Now that the people of Zimbabwe have granted us a resounding mandate in the governance of the country, we will do everything in our power to ensure that our objective of total indigenisation, empowerment, development and employment is realised,” Mugabe said. “This is our final phase of implementing the ideals of the liberation struggle.”

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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