{"id":9681,"date":"2012-04-06T03:51:39","date_gmt":"2012-04-06T01:51:39","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/update-2-zimbabwe-push-to-control-foreign-miners-hits-confusion\/"},"modified":"2012-04-06T03:51:39","modified_gmt":"2012-04-06T01:51:39","slug":"update-2-zimbabwe-push-to-control-foreign-miners-hits-confusion","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-2-zimbabwe-push-to-control-foreign-miners-hits-confusion\/","title":{"rendered":"UPDATE 2-Zimbabwe push to control foreign miners hits confusion"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Tsvangirai says Minister has no powers to nationalise<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Finmin, CBank warn of instability over seizures<\/p>\n<p><span><\/span><\/p>\n<p>* Not clear where hammer will fall<\/p>\n<p><span><\/span><\/p>\n<p>By Nelson Banya<\/p>\n<p><span><\/span><\/p>\n<p>HARARE, April 5 (Reuters) &#8211; Zimbabwe&#8217;s bid to win majority<br \/>\ncontrol of foreign-owned mines was locked in confusion on<br \/>\nThursday, as the prime minister contradicted a fellow minister&#8217;s<br \/>\ndeclaration that the state owned 51 percent of firms that had<br \/>\nnot complied with local ownership laws.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;All mining companies that have not complied &#8230; should note<br \/>\nthat 51 percent of their shareholding is now deemed to be owned<br \/>\nby the state,&#8221; empowerment minister Saviour Kasukuwere said in a<br \/>\nstatement.<\/p>\n<p><span><\/span><\/p>\n<p>Kasukuwere&#8217;s declaration drew a sharp rebuke from Prime<br \/>\nMinister Morgan Tsvangirai, who is sharing power with President<br \/>\nRobert Mugabe in a fragile coalition formed three years ago.<\/p>\n<p><span><\/span><\/p>\n<p>He said Kasukuwere had no power to do this and it was not<br \/>\ngovernment policy, adding to the confusion over a drive that has<br \/>\noften been carried out in an ad-hoc manner.<\/p>\n<p><span><\/span><\/p>\n<p>It was not immediately clear which firms were being<br \/>\ntargeted, or whether Mugabe&#8217;s cash-strapped government planned<br \/>\nto pay for the shares. Kasukuwere, a key Mugabe ally, did not<br \/>\nrespond to requests for clarification.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Tsvangirai says Minister has no powers to nationalise * Finmin, CBank warn of instability over seizures * Not clear where hammer will fall By Nelson Banya HARARE, April 5 (Reuters) &#8211; Zimbabwe&#8217;s bid to win majority control of foreign-owned mines was locked in confusion on Thursday, as the prime minister contradicted a fellow minister&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-9681","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=9681"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9681\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}