Author Topic: Mugabe wants every business to be black majority owned  (Read 2446 times)

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Offline The Village Idiot

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Mugabe wants every business to be black majority owned
« on: April 18, 2010, 08:34:26 PM »
It should work as well as the farm thing did.

http://hosted.ap.org/dynamic/stories/A/AF_ZIMBABWE_ANNIVERSARY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2010-04-18-09-26-03

By ANGUS SHAW
Associated Press Writer
 
 
 
 
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HARARE, Zimbabwe (AP) -- President Robert Mugabe pledged Sunday to move ahead with plans to hand over 51 percent control of businesses to blacks under a controversial program.

During ceremonies Sunday marking the 30th anniversary of independence from colonial rule, Mugabe said the proposed business take overs are a concrete example of policies followed over the last three decades that enable locals to own the nation's resources.

The so-called indigenization and empowerment act was passed in 2008, when parliament was still dominated by Mugabe's lawmakers. The law came into force on March 1 and all businesses were given to April 15 to hand in proposals as to how they'd hand over 51 percent of their company to blacks. This included foreign and white-owned businesses.

 excerpted.

Offline ColonialMarine0431

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Re: Mugabe wants every business to be black majority owned
« Reply #1 on: April 18, 2010, 08:50:14 PM »
After all. It worked so well in Detroit, Chicago, etc....












And look at the City Council.

I'll See Your Jihad and Raise You One Crusade

Offline The Village Idiot

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Re: Mugabe wants every business to be black majority owned
« Reply #2 on: April 18, 2010, 08:51:22 PM »
The city council seems to be doing well for themselves.

/s

Offline JohnnyReb

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Re: Mugabe wants every business to be black majority owned
« Reply #3 on: April 19, 2010, 04:45:30 AM »
The city council seems to be doing well for themselves.

/s

Well enough that somebody hired a white guy......surely it's not a voted position.
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline The Village Idiot

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Re: Mugabe wants every business to be black majority owned
« Reply #4 on: April 19, 2010, 07:22:30 AM »
Well enough that somebody hired a white guy......surely it's not a voted position.

City Attorney?

Online DefiantSix

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Re: Mugabe wants every business to be black majority owned
« Reply #5 on: April 19, 2010, 09:51:42 AM »
City Attorney?

Mayor's personal bail bondsman.
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