All foreign-owned mining companies in Zimbabwe must sell majority stakes to locals within six months, under new rules released Monday that clouded the nation's drive for foreign investment.
"We are taking over. Listen Britain and America: this our country. If you have companies which would want to work in our mining sector, they are welcome to come and join us, but we must have our people as the major shareholders," Mugabe said Sunday.
"Lonhro, Anglo American, Rio Tinto you must transform and become Zimbabwean, we want black people, our people, our young people. It's another dimension to the struggle. Let that lesson go deep," Mugabe said.
AFP
29/03/2011
Mugabe
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