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Robert Mugabe, Zimbabwean President has vowed to continue with his controversial indigenisation policy of seizing the majority stake in foreign-owned firms, a report said on Thursday.
According to CNN, Mugabe who swore in his new government Wednesday ,confirmed that the new 26-member Cabinet, mainly composed of allies from his previous appointments, will not abandon his controversial policy of seizing the majority stake of foreign-owned firms.
"We want to see the drive and we want to see indigenization done," Mugabe said at State House after he had been asked if a change of personnel in the Indigenization Ministry, which oversees the takeover policy, meant a change of stance.
On Wednesday, Mugabe said most African countries like Sudan and Gabon are lagging behind as "whites" exploit the continent's resources.
"That is exploitation. That is theft by using crook-ish means to steal the wealth of Africa. Ah. Lets reject that".
Opposition has described the new Cabinet as "dead wood”.
