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Govt waives indigenisation on Air Zim

VICTORIA FALLS – Government has waived its controversial indigenisation policy to pave way for the recapitalisation of troubled national airline, Air Zimbabwe. Enacted in 2008, indigenisation regulations compel all foreign- owned businesses to cede 51 percent of their shareholding to black Zimbabweans. Transport minister Joram Gumbo on Thursday said the country’s black empowerment laws will…

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