Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,239 members, 7,818,818 topics. Date: Monday, 06 May 2024 at 05:41 AM

Nigerian Business Gets Notice To Leave Zimbabwe. - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigerian Business Gets Notice To Leave Zimbabwe. (395 Views)

Customs Boss, Dikko, Gives Resignation Notice To President Buhari / Ekiti PDP Gets Notice To Quit Over Debt / ‘boko Haram In Zimbabwe En Route South Africa’ (2) (3) (4)

(1) (Reply)

Nigerian Business Gets Notice To Leave Zimbabwe. by octaviusesse(m): 1:17pm On Nov 25, 2013
Nigerian Nationals who own business In Zimbabwe have been given till 1st of January 2014 to hand over their business to Zimbabweans or face arrest.

According to the Black empowerment ministry, only Zimbabweans have the right to own shops in the country. The Permanent secretary of the ministry, George Magosvongwe told parliament that the government would enforce the law.

The law, sates that only Zimbabweans can own shops and that most business springing up in the country belongs to Nigerians and Chinese. So to avoid arrest, they must hand their businesses over to Zimbabweans before January 1st 2014.

The empowerment legislation, reserves some economic sectors for only Zimbabweans, these include, retail and wholesale business, barbing, hairdressing, bakeries, employment agencies, grain milling and others.

Mr. Magosvongwe said to parliament...... http://www.searchlightnigeria.com/2013/11/nigerian-business-gets-notice-to-leave.html

(1) (Reply)

INCREDIBLE!! Sokoto Govt. Plans Mass Wedding For 250 Widows, Widowers! / Asari-dokubo Arrested In Benin Republic / NBA Doubts Inec’s Ability To Conduct 2015 Elections

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.