Tsvangirai: Policy discord worries investors

Discord within Zimbabwe’s unity government over when to hold new elections and how to carry out black economic empowerment has become a major worry to investors wishing to start businesses in the country, Prime Minister Morgan Tsvangirai has said.

Tsvangirai’s call comes at a time when controversial Indigenisation Minister Saviour Kasukuwere called upon mining companies to transfer shares to black locals next month, despite the fact that the indigenisation laws allows them up to five years to complete this process.

Other news concerned a threat by civil society organisations to boycott the upcoming Kimberley Process plenary meeting and the effect political changes in neighbouring countries has on Zimbabwe’s political process.