Mr. Tsvangirai's call for Cabinet talks on indigenization potentially sets up a clash with Indigenization Minister Savious Kasukuwere
Economist Godfrey Kanyenze said the transfer of shares should be halted as there is yet no legal framework for such transactions
Economists said Zimbabwe's indigenization program is flawed because there is not enough capital in the country to buy equity stakes
Deputy Indigenization Minister Tongai Matutu said the Cabinet should act swiftly to stop politicians from grabbing shares
Old Mutual’s proposal to the Indigenization Ministry would give policy holders a stake of 10 percent and workers 9 percent
Meikles Africa Limited, operator of the well-known Harare hotel, said it will transfer a 10 percent share stake to its employees
Economist Prosper Chitambara said clients are shunning Air Zimbabwe because they lack confidence in its ability to deliver
Zimbabwe's central bank said it had decided to suspend and review the measure placing property sale receipts in escrow
Parliamentary Affairs Minister Eric Matinenga said constituency development funds are looking increasingly uncertain
Economist James Wade said that the mining firm’s move to empower communities in its local areas of operation is commendable
Sources in the property and financial markets said the central bank issued a directive beginning August ordering local banks to enforce
Despite improvement, the macroeconomic picture remains very uncertain, leaving Zimbabwe among the lowest-ranked countries
Zimplats offered to transfer a 25 percent stake to indigenous investors with another 26 percent equivalent in community programs
Indigenization Board Chairman David Chapfika said his panel is consulting mines and communities on the requirements of indigenization
Kasukuwere said Zimplats refuses to put a 51 percent ownership stake in the hands of black Zimbabweans
Publisher Khumalo said Vusumuzi Investments Private Limited of Zimbabwe holds a controlling 61 percent stake in Alpha Media
Economist John Robertson argued that ZESA will keep running at a loss even with higher rates because the utility is poorly managed
Impala Holdings Chairman David Brown said in the company's latest annual report that such indigenous equity quotas are problematic
Sources said the proposed Air Zimbabwe bailout - which would be the second in five months - has divided Harare's unity government
ZESA spokesman Fullard Gwasira said the special tariff is designed to save power and boost production in various industrial sectors.
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