Pages

Monday, November 25, 2013

Zimbabwean ruler Mugabe asks Nigerian traders to shut their shops by January 1st




The Government of Sir Robert Mugabe has issued a warning to any or all Nigerian business owners to cease operation in the Country the state-run Herald Newspapers reported. All foreigners, mostly Nigerian and Chinese, running wholesale and retail businesses have now been given an evacuation warning that lapses by January 1st, 2014.  George Magosvongwe, Secretary of Economic and Black Empowerment, gave the warnings during an appearance with lawmakers on Friday.


All non-indigenous businesses, which range from beauty salons to grain milling factories, will undoubtedly be shuttered by January 1st, Mr. Magosvongwe, warned.
He accused the foreigners of operating in “reserved sector,” an egalitarian measure the  government put in devote 2007 to give Zimbabweans a much better economic prominence over foreigners.
“I confirm that some non-indigenous entities continue to be operating in the reserved sectors and there's a deadline of January 1 in order for them to adhere to the requirement to relinquish in that sector,” Mr. Magosvongwe said in his answer a concern from the lawmaker.

He also noted that full compliance measures happen to be underway, adding that the administration will undoubtedly be ruthless against any foreigner that is caught flouting the newest edict:
“You'll realise, Mr. Chairman, that 1st of January is a month ahead and we're setting up measures for enforcement in case that they don't comply.”

The minister later revealed that the  government is in the process of identifying indigenous Zimbabweans who would dominate ownership of confiscated ventures in the reserved sector.
It will be recalled that the  government of the dreaded Mugabe forcely deported all white farmers from the country in early 2000, a move that has been widely criticised by Western governments.

No comments:

Post a Comment