Foreign shop owners get reprieve in Zim

Comment on this story


IOL zim shops

REUTERS

People shop inside a supermarket in Zimbabwe's capital Harare. Foreign shop owners say Zimbabwean authorities have reversed an ultimatum for them to close their businesses by January 1.

Harare - Foreign shop owners - mainly Chinese and Nigerian nationals - say Zimbabwean authorities have reversed an ultimatum for them to close their businesses by January 1.

The owners of mainly small businesses selling cheap consumer goods said on Monday that they were informed of a weekend statement by empowerment minister Francis Nhema that they have been allowed to continue trading.

Under Zimbabwe's “indigenization” laws passed in 2007, certain sectors such as retail trade, farming and hair salons are reserved solely for black Zimbabweans.

Poor townships and city flea markets have in recent years been inundated by shops run by foreigners who had come under fire for taking those opportunities from local blacks.

In a statement in the state media Nhema commended the foreigners for playing a “very important role” in providing services to impoverished Zimbabweans. - Sapa-AP


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks

Business Directory