Ok. In summary, the I&E laws oblige all foreign firms operating in Zim with a minimum NAV of USD500K to submit proposals of how they intend to comply by selling 51% to local Zimbos over a period of 5 years after approval by the I&E Ministry. Nevertheless, the GoZ is flexible as witnessed in a recent USD750M deal where 53% of New Zimsteel (formerly ZISCO) was sold to India's Essar Group.

So its the same thing that happened in South Africa? So do they locals have the money to buy 51% ama itakuwa mambo na kunyanganya kaburu shamba? When were the last elections, and when are the next?

hey, hey! Not at all. Right now i'm just observing US macro-economics for directions. Hiyo marko yenu has SO many Co.s thus, I will need U return the favor as I have no clue as to specific Co.s. Do understand.

Now we are talking I like your honesty, it is almost impossible for a novice to navigate this jungle called NYSE, halafu pia kuna Nasdaq,huko siwes mek though pple make big money akina Apple are still on Nasdaq. My advice is do thorough research then buy low sell high, seems easy until you get in! But I will offer my services pro bono at first, then rates zitashoot up!!

thanks for the compliment (honesty). I'll do so before the billing starts!