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(单词翻译:双击或拖选)
A law that forces white-owned companies to hand over 51 percent of their shares to black Zimbabweans has come into force. Most of the foreign companies affected1 are South African owned, which are supposed to be protected by a recently signed trade agreement.
There was confusion in the business sector2, as recently published regulations supporting the so-called indigenization law came into effect.
Within the next 45 days, companies with assets of $500,000 or more have to submit forms reporting information on the race of present shareholders3 and their plans to hand over 51 percent of their assets to black Zimbabweans. Many people on the streets of Harare are not familiar with the new law.
Ministry4 of Health research officer Oswald Dziike was surprised when told about it.
"I have not heard anything about this bill," he said. "I do not know anything about this bill, so I cannot comment on it."
A salesman at a vehicle spare parts shop in central Harare, Costa Chipadze, said he is worried it would frighten away any new investors6.
"It is actually a threat to investors, as has been currently enunciated7 by those ministers that are coming with it," he said. "They [investors] feel very much shied away by this because most of them will be having billions of money to invest, but the fact that as long as they sign their contract with the Zimbabwe government, definitely they will have lost," he said.
During his 86th birthday celebrations last weekend, President Robert Mugabe said there would be no going back on the new law.
He said indigenous8 Zimbabweans, those previously9 disadvantaged during the colonial era, must control the country's national assets. He said the new law was not nationalization.
"Like the land-reform program, it is designed to regress historical imbalances in the ownership of our economy," he said.
An influential10 investment newsletter distributed in Zimbabwe's business community said the law contradicts the recently signed South African-Zimbabwe trade agreement.
South African companies in business in Zimbabwe have not commented on the new law. South Africa is the largest foreign investor5 in Zimbabwe.
The shrinking number of white businessmen who are also Zimbabwe citizens and own smaller companies say they are worried about the new law. One, who asked not to be named, said many of his colleagues believed the new law is similar to the land-reform program that saw thousands of white farmers stripped of their land and assets beginning in 2000.
Another said he hoped the new law was only what he called "electioneering" by Mr. Mugabe's ZANU-PF Party, which says it is trying to boost its popularity since it lost the last elections in 2008.
The law was passed in 2008, before Mr. Mugabe entered the current coalition11 government with Prime Minister Morgan Tsvangirai. Mr. Tsvangirai's Movement for Democratic Change said the new law is "null and void."
1 affected | |
adj.不自然的,假装的 | |
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2 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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3 shareholders | |
n.股东( shareholder的名词复数 ) | |
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4 ministry | |
n.(政府的)部;牧师 | |
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5 investor | |
n.投资者,投资人 | |
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6 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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7 enunciated | |
v.(清晰地)发音( enunciate的过去式和过去分词 );确切地说明 | |
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8 indigenous | |
adj.土产的,土生土长的,本地的 | |
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9 previously | |
adv.以前,先前(地) | |
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10 influential | |
adj.有影响的,有权势的 | |
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11 coalition | |
n.结合体,同盟,结合,联合 | |
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