|
Indigenisation And Economic Empowerment Act
On March 9, 2008, Zimbabwe's president, Robert Mugabe, signed the Indigenisation and Economic Empowerment Bill into law. The bill was passed through parliament in September 2007 by President Mugabe's party, the Zimbabwe African National Union-Patriotic Front (ZANU-PF), in spite of resistance by the opposition party, Movement for Democratic Change (MDC). Description The law will give Zimbabweans the right to take over and control many foreign-owned companies in Zimbabwe. Specifically, over 51 per cent of all businesses in the country will be transferred into local African hands. The bill defines an indigenous Zimbabwean as “any person who before the 18th of April 1980 was disadvantaged by unfair discrimination on the grounds of his or her race, and any descendant of such person.” The law does not specify whether or not the transfer of ownership would simply apply to mergers and restructurings in the future, or if it applies to all current companies. The minister for indig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zimbabwe
Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and Mozambique to the east. The capital and largest city is Harare. The second largest city is Bulawayo. A country of roughly 15 million people, Zimbabwe has 16 official languages, with English, Shona, and Ndebele the most common. Beginning in the 9th century, during its late Iron Age, the Bantu people (who would become the ethnic Shona) built the city-state of Great Zimbabwe which became one of the major African trade centres by the 11th century, controlling the gold, ivory and copper trades with the Swahili coast, which were connected to Arab and Indian states. By the mid 15th century, the city-state had been abandoned. From there, the Kingdom of Zimbabwe was established, followed by the Rozvi and Mutapa empires. The British Sout ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Mugabe
Robert Gabriel Mugabe (; ; 21 February 1924 – 6 September 2019) was a Zimbabwean revolutionary and politician who served as Prime Minister of Zimbabwe from 1980 to 1987 and then as President from 1987 to 2017. He served as Leader of the Zimbabwe African National Union (ZANU) from 1975 to 1980 and led its successor political party, the ZANU – Patriotic Front (ZANU–PF), from 1980 to 2017. Ideologically an African nationalist, during the 1970s and 1980s he identified as a Marxist–Leninist, and as a socialist after the 1990s. Mugabe was born to a poor Shona family in Kutama, Southern Rhodesia. Educated at Kutama College and the University of Fort Hare, he worked as a schoolteacher in Southern Rhodesia, Northern Rhodesia, and Ghana. Angered by white minority rule of his homeland within the British Empire, Mugabe embraced Marxism and joined African nationalists calling for an independent state controlled by the black majority. After making anti-government comments, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zimbabwe African National Union-Patriotic Front
Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and Mozambique to the east. The capital and largest city is Harare. The second largest city is Bulawayo. A country of roughly 15 million people, Zimbabwe has 16 official languages, with English, Shona, and Ndebele the most common. Beginning in the 9th century, during its late Iron Age, the Bantu people (who would become the ethnic Shona) built the city-state of Great Zimbabwe which became one of the major African trade centres by the 11th century, controlling the gold, ivory and copper trades with the Swahili coast, which were connected to Arab and Indian states. By the mid 15th century, the city-state had been abandoned. From there, the Kingdom of Zimbabwe was established, followed by the Rozvi and Mutapa empires. The British South Africa Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Movement For Democratic Change – Tsvangirai
The Movement for Democratic Change – Tsvangirai (MDC–T) is a centre-left political party and was the main opposition party in the House of Assembly of Zimbabwe ahead of the 2018 elections. After the split of the original Movement for Democratic Change in 2005, the MDC–T remained the major opposition faction, while a smaller faction, the Movement for Democratic Change – Ncube, or MDC–N, was led by Welshman Ncube. History Foundation The Movement for Democratic Change was founded in 1999 as an opposition party to the Zimbabwe African National Union – Patriotic Front (ZANU-PF) party led by President Robert Mugabe. The MDC was formed from members of the broad coalition of civic society groups and individuals that campaigned for a "No" vote in the 2000 constitutional referendum, in particular the Zimbabwe Congress of Trade Unions. The party split following the 2005 Senate election, with the main faction headed by the founder leader Morgan Tsvangirai and the ot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orascom Telecom
Global Telecom Holding S.A.E. (GTH; formerly Orascom Telecom Holding) is a holding company based in Amsterdam, and a subsidiary of the multinational telecommunications services company VEON. GTH previously owned mobile network operators in multiple countries. Its sole business unit is the Algerian mobile provider Djezzy. Operations Global Telecom Holding (GTH) is operating in Algeria (Djezzy) serving more than 15 million customers after it has sold its mobile operations in Pakistan and Bangladesh in 2019. Global Telecom has delisted from the EGX Egyptian Exchange and is based in Amsterdam, Netherlands. History In 1997, Orascom Telecom Holding (OTH) was established as a separate entity to consolidate the telecommunications and technology interests of the Orascom group of companies established in 1976. Founded in 1998 as part of the Orascom company, it became the largest cellular operator in the Middle East in only five years. In 2010, Russian Vimpelcom acquired Orascom Telec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Prices
Food prices refer to the average price level for food across countries, regions and on a global scale. Food prices have an impact on producers and consumers of food. Price levels depend on the food production process, including food marketing and food distribution. Fluctuation in food prices is determined by a number of compounding factors. Geopolitical events, global demand, exchange rates, government policy, diseases and crop yield, energy costs, availability of natural resources for agriculture, food speculation, changes in the use of soil and weather events have a direct impact on the increase or decrease of food prices. The consequences of food price fluctuation are multiple. Increases in food prices, or agflation, endangers food security, particularly for developing countries, and can cause social unrest. Increases in food prices is related to disparities in diet quality and health, particularly among vulnerable populations, such as women and children. Food prices ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Old Mutual
Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded in South Africa by John Fairbairn in 1845 and was demutualised and listed on the London Stock Exchange and other stock exchanges in 1999. It introduced a new strategy, called 'managed separation', that entailed the separation of its four businesses – Old Mutual Emerging Markets, Nedbank, UK-based Old Mutual Wealth and Boston-based Old Mutual Asset Management (OMAM) – into standalone entities in 2018. This led to the demerger of Quilter plc (formerly 'Old Mutual Wealth') and the unbundling of its shareholding in Nedbank. The business, which is now largely based in South Africa, provides sponsorship and supports bursaries at South African universities. History The company was founded in 1845 as a mutual insurance company by John Fai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 In Law
8 (eight) is the natural number following 7 and preceding 9. In mathematics 8 is: * a composite number, its proper divisors being , , and . It is twice 4 or four times 2. * a power of two, being 2 (two cubed), and is the first number of the form , being an integer greater than 1. * the first number which is neither prime nor semiprime. * the base of the octal number system, which is mostly used with computers. In octal, one digit represents three bits. In modern computers, a byte is a grouping of eight bits, also called an octet. * a Fibonacci number, being plus . The next Fibonacci number is . 8 is the only positive Fibonacci number, aside from 1, that is a perfect cube. * the only nonzero perfect power that is one less than another perfect power, by Mihăilescu's Theorem. * the order of the smallest non-abelian group all of whose subgroups are normal. * the dimension of the octonions and is the highest possible dimension of a normed division algebra. * the first num ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 In Zimbabwe
The following lists events that happened during 2008 in the Republic of Zimbabwe. Incumbents * President: Robert Mugabe * Prime Minister: Morgan Tsvangirai * First Vice President: Joice Mujuru * Second Vice President: Joseph Msika Events January * January 23 - Police in Zimbabwe arrest Morgan Tsvangirai, the leader of the Movement for Democratic Change, the principal opposition party. * January 26 - Police in Zimbabwe arrest Nicholas van Hoogstraten for allegedly violating the Exchange Control Regulations Act by asking his tenants to pay in foreign currency. He is also accused of violating the Censorship Act for possessing pornography. Police seize Z$20 billion ($0.6m). * January 28 - Inflation in Zimbabwe rises to about 150,000%. The Zimbabwean dollar is essentially worthless. March * March 29 - Zimbabweans vote in the presidential and parliamentary elections. * March 30 - Delays in releasing the official results of parliamentary and presidential elections in Zimbabwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Zimbabwe
The politics of Zimbabwe takes place in a framework of a full presidential republic, whereby the President is the head of state and government as organized by the 2013 Constitution. Executive power is exercised by the government. Legislative power is vested in both the government and parliament. The status of Zimbabwean politics has been thrown into question by a 2017 coup. Political developments since the Lancaster House Agreement The Zimbabwean Constitution, initially from the Lancaster House Agreement a few months before the 1980 elections, chaired by Lord Carrington, institutionalises majority rule and protection of minority rights. Since independence, the Constitution has been amended by the government to provide for: *The abolition of seats reserved for whites in the country's parliament in 1987; [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Robert Mugabe")
