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'We Will Not Close Firms Irrationally'

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[The Herald] THE National Indigenisation and Economic Empowerment Board says foreign firms will get time to work on outstanding areas relating to compliance with indigenisation requirements provided they submit their plans within the stipulated time. NIEEB also said that there had been a notable increase in enquiries from companies seeking to beat the March 31 deadline to submit their indigenisation plans.Foreign owned companies operating in Zimbabwe are required by law to ensure that at least 51 percent of their share ......

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