Zimbabwe Orders Nigerian Traders To Shut Down Their Businesses By January 2014

«§» 24 November 2013

Zimbabwean authorities say they have given foreign shop-owners – mostly Chinese and Nigerian nationals – an ultimatum to shut down their businesses by 1 January.

A top official of the black empowerment ministry said only Zimbabweans had the right to run shops that have sprung up across the country and are termed foreign businesses targeted under the nation’s black empowerment laws, the state-controlled Herald newspaper reported Friday.

Those laws, passed in 2007, demand foreign businesses to cede 51% control to local blacks.

The foreign shop owners have been criticized for taking retail trade opportunities from Zimbabwean traders by selling cheap imports.

Poor townships and city flea markets have in recent years been inundated by shops run by foreigners.

According to state media, shop owners who fail to comply will be arrested.

~ AP

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Posted: at 24-11-2013 02:09 PM (10 years ago) | Hero

Na jealousy be dis ?

Posted: at 24-11-2013 02:43 PM (10 years ago) | Upcoming

Maybe they shud come back and develop 9ja
Same way they re boosting other countries economy with their business

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Posted: at 24-11-2013 06:34 PM (10 years ago) | Hero

 

Posted: at 24-11-2013 06:48 PM (10 years ago) | Upcoming

better..after all nothing  dey happen there..

Posted: at 24-11-2013 07:02 PM (10 years ago) | Addicted Hero

ha ha ha even as poor as Nigeria economy is Zimbabwe in 40years cant be like Nigeria of today...

Posted: at 24-11-2013 07:35 PM (10 years ago) | Newbie

see beefing.....just wondering what nigerians had done zimbabwe that their officials alway attack nigerians there

Posted: at 24-11-2013 07:51 PM (10 years ago) | Gistmaniac

It's like nigerians were a bit confuse about our pigmentation, white don't want us, black don't want us. Where do we belong, people?

Posted: at 24-11-2013 08:55 PM (10 years ago) | Hero

Say weetin happen

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Posted: at 24-11-2013 10:37 PM (10 years ago) | Upcoming

that thier devil man of president

Posted: at 24-11-2013 10:59 PM (10 years ago) | Hero