their-businesses
Zimbabwe: How New Empowerment Laws Will Affect Business
Zimbabwe’s new empowerment law that compels foreign-owned companies to give-up a 51% stake in their businesses to black Zimbabweans was greeted with shock by investors when first announced.
Africa: New Oil to Flow From Continent’s Hotspots
The power balance in Africa’s crude oil production landscape is set to shift in the near future as a number of new oilfields come online.
Zimbabwe: Mugabe Law on ‘Indigenisation’ of Foreign-Owned Companies Takes Effect
The controversial indigenisation law that forces foreign-owned companies to sell a majority stake in their businesses to indigenous people comes into effect on Monday.
Somalia: Mobs Target Displaced People
Hundreds of internally displaced people (IDPs) in north Galkayo, in the self-declared autonomous region of Puntland, are on the run again after attacks by mobs targeting their businesses, homes and shelters, locals say.