Zimbabwe orders foreigners to close shop

November 23, 2013 3:00 PM

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Zimbabwe orders foreigners to close shop

HARARE - 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 on Friday.

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

The foreign shop owners have been criticised 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.

Source: enca.com

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