'Your company or prison'

10 February 2010 - 02:00
By unknown

WHITE business people in Zimbabwe who do not cede control of their companies to black partners could face jail under a law going into effect next month.

WHITE business people in Zimbabwe who do not cede control of their companies to black partners could face jail under a law going into effect next month.

An official notice yesterday said the law would be enforced from March 1 and includes jail penalties of up to five years. It gives companies worth R385000 or more 45 days to submit compliance proposals. - Sapa-AP