Zimbabwe’s President Robert Mugabe on Thursday sought to shore up his hold on power by offering reassurances to war veterans who have become increasingly vocal in their criticism of his regime.
The war veterans have often played a crucial, and violent, role in supporting Mugabe.
Zimbabwe is evaluating indigenisation complaints and plans submitted by foreign companies amid claims by South African firms in the country that there have been no further developments on the empowerment issue, which they want resolved quickly.
Impala Platinum (Implats) and other South African mining firms in Zimbabwe have inked previous indigenisation deals with Zimbabwe, but these are now being reversed. Implats, which majority owns Zimplats, said there had been “no further developments with the indigenisation plans”.
This tallies up with Deputy Indigenisation Minister Mathias Tongofa who told MPs on Wednesday that line ministries were evaluating the indigenisation compliance plans submitted by foreign firms.