Foreign Policy Blogs

Mugabe to Foreign Investors: Sell 51% stakes to locals or Ship Out.

The American Free Press Newspaper is reporting that President Robert Mugabe said on Thursday that foreign investors should embrace Zimbabwe’s equity laws which require them to sell 51 percent stakes to locals or “stay out.”

Putting Mugabe’s rhetoric’s aside, I think the idea of viewing locals as business partners makes sense! Whether Aid or business investment, joint venture business model is an effective way to address poverty and empower locals or poor people. Read more here: http://www.google.com/hostednews/afp/article/ALeqM5h3S3b2s097lNO1P-HWd4Iwjk3lyw?docId=CNG.f6fba55ad8f5e329c0c25bad9aa7b8d3.af1&index=0

 

Author

Ndumba J. Kamwanyah

Ndumba Jonnah Kamwanyah, a native of Namibia in Southern Africa, is an independent consultant providing trusted advice and capacity building through training, research, and social impact analysis to customers around the world. Mos recently Ndumba returned from a consulting assignment in Liberia in support of the UN Mission in Liberia (UNMIL).
In his recent previous life Ndumba taught (as an Adjunct Professor) traditional justice and indigenous African political institutions in sub-Saharan Africa at the Rhode Island College-Anthropology Department.

He is very passionate about democracy development and peace-building, and considers himself as a street researcher interested in the politics of everyday life.
Twitter: NdumbaKamwanyah