172016Feb

The need to amend the Indigenisation and Economic Empowerment act

The legislative history of Zimbabwe has few statutes which have generated as much controversy as the indigenisation legislation.  Another significant feature of this legislation is that it has not generated as much litigation as other controversial statutes.  This points to the fact that most right thinking Zimbabweans have remained confident that it is possible to achieve the legitimate aspiration of affirmative action in favour of previously disadvantaged groups whilst at the same time creating an investor friendly environment.

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Article written by: Sternford Moyo – Corporate lawyer and a Senior partner at our member firm  Scanlen & Holderness.

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