
Having run out of farms to seize and redistribute Mugabe has come up with a new idea – redistribute white owned businesses! “Thousands of firms, including the Zimbabwean operations of giants such as Barclays Bank, Standard Chartered Bank and the mining company Rio Tinto, will be affected, and they must submit their plans to comply by March 1.” says the Telegraph.
At least 51% of every white owned company must be handed over to black Zimbabweans. Daniel Ndlela, Zimbabwe’s most eminent regional economist said: “There will be no foreign investment into Zimbabwe. Why would anyone come into Zimbabwe with $100 and be left with $49? It sends a very wrong message and those who might have invested in Zimbabwe will now never come.”