ZIMBABWE

Zimbabwe's prime minister, Morgan Tsvangirai

Zimbabwe's PM Knocks Indigenisation Policy

Zimbabwe is hurting investor confidence and stalling recovery by promoting a law to force the transfer of foreign-owned firms to local ownership, Prime Minister Morgan Tsvangirai said on Wednesday.

Zimbabwe to probe foreign firms over ownership law

Mineworkers underground at Harmony Gold Mine's Cooke shaft near Johannesburg
Zimbabwe will soon probe foreign-owned firms to establish their level of compliance with a law requiring them to sell at least a 51 percent shareholding in their Zimbabwean operations to locals, an official said on Tuesday.
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Zimbabwe Launching Probe of Foreign-Owned Miners

Zimbabwe will soon probe foreign-owned firms to establish their level of compliance with a law requiring them to sell at least a 51 percent shareholding in their Zimbabwean operations to locals, an official said on Tuesday.
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Zimbabwe Officials Seek to Assure Mining Companies

Zimbabwe has no intention to cancel the mining licenses of foreign mining groups and will continue talks with some miners over a law requiring them to give Zimbabweans a 51 percent stake in their local holdings, the country's mines minister said on Wednesday.
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Zimbabwe Still Talking with Foreign Miners

Zimbabwe is in talks with mining firms that have requested more time to table their plans to transfer majority ownership in their local operations to black investors in the country, the state-run Herald newspaper said on Friday.
Mineworkers underground at Harmony Gold Mine's Cooke shaft near Johannesburg

Zimplats says Zimbabwe moves on licence

The Zimbabwean unit of Impala Platinum, the world's second-largest producer of the precious metal, said the government had taken steps to revoke its operating licence and it remained in talks with authorities.
Platinum bar

Zimbabwe Leaning on Foreign-Owned Mining Companies

Zimbabwe's government is threatening more than 50 foreign-owned mining companies with the loss of their licenses after they allegedly failed to submit acceptable indigenisation and empowerment plans.
Libyans demonstrate against Gadhafi at the Libyan  Embassy in Harare, Zimbabwe.

Zimbabwe Expels Libyan Ambassador

Zimbabwe's foreign minister said his country will not recognize the Libyan group’s rebel National Transitional Council (NTC) as the legitimate ruling entity.
Usain Bolt of Jamaica sprints out of the starting blocks at the start of his men's 100 metres heats at the IAAF World Championships in Daegu

Bolt Blazes Through in 100 Meters Heats

Usain Bolt signaled that reports of his vulnerability might be exaggerated when he stormed to the quickest time in the first round of the 100 metres heats at the world championships on Saturday.
Britain's Prime Minister David Cameron

London Riots 2011: Libya Calls for Cameron to Step Down

"Cameron and his government must leave after the popular uprising against them and the violent repression of peaceful demonstrations by police," Libya's state news agency Jana quoted Deputy Foreign Minister Khaled Kaaim as saying.

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