Zimbabwe indiginizes foreign-owned firms | Business| Economy and finance news from a German perspective | DW | 31.03.2016
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Zimbabwe indiginizes foreign-owned firms

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.

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