Monday, 25 November 2013

ZIMBABWEAN GOVERNMENT GAVE CHINESE AND NIGERIAN SELLERS JAN 1 2014 TO EXIT ZIMBABWE.

According to the Zimbabwean permanent secretary for the empowerment ministry, George Magosvongwe, "Nigerians and Chinese flooding Zimbabwean retailing sectors, should shut down on January 1, 2014., and hand shops to locals, he also added that,

" the government would enforce regulations which reserve certain sectors of the economy to Zimbabweans on January 1, 2014." When he was speaking to the Parliamentary committee, following what they describe as complete dominance of their local trading sectors.
He continued to the house saying,

“I confirm that some non-indigenous entities are still operating in the reserved sectors and there is a deadline for January 1 for them to comply with the requirement to relinguish their holdings in that sector.

“You will realise Mr Chairman that 1 January is a month to come and we are putting in place measures for enforcement in the event that they do not comply.”

“There is need to ensure that we don’t create shortages in the economy, but certainly the ministry is going to enforce the reserved sectors rule,”

“And we will bring in the enforcement agencies from right across the Government departments and the local authorities to ensure that enforcement happens.”

He finaly  said the ministry was preparing measures to ensure the exit of foreigners from the retail sector would not result in shortages, and only locals, will be given certificate .
Giving Jan 1 2014 as the exit ultimatum to both the Chinese and Nigeria retailers.

No comments:

Post a Comment

what is you take on this issue ?