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

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