- Germany edition
- Change edition:
- France |
- Norway |
- Spain |
- Sweden |
- Switzerland
Zimbabwe told to protect German firms
Published: 4 Dec 12 07:07 CET | Print version
Online: http://www.thelocal.de/money/20121204-46545.html
German Development Minister Dirk Niebel has warned Zimbabwe about a law that forces foreign companies to cede majority shares to locals, and called in particular for the protection of German firms in the country.
- Germany tops world popularity poll (23 May 13)
- Germany seeks 'visible' Kosovo-Serbia progress (21 May 13)
- Diplomat's dog bites wife of Korean fat cat (15 May 13)
The country has been shunned by western nations because of to violence and rights abuses blamed on supporters of President Robert Mugabe.
In 2010, Mugabe signed a law requiring foreign-owned companies to sell 51 percent of the firms to black Zimbabweans, and Niebel said this made German companies in Zimbabwe vulnerable.
"At present Zimbabwe's government does not guarantee the protection of German companies' investments even though it has made a commitment under international law to do so," he noted.
"I expressly call for compliance with the investment protection agreement for Germany companies," Niebel added.
He also voiced support for "a fair and credible" and violence-free constitutional referendum and election next year to avoid a repeat of events that marred the 2008 general vote.
Niebel held talks with Vice President Joice Mujuru and Prime Minister Morgan Tsvangirai, but said his visit did not mean that ties between the two countries had returned to normal.
Germany stopped giving direct aid to Mugabe's government in 2002 following violent seizures of white-owned farms and bloody elections.
Development aid would remain "suspended until democracy and the rule of law
have been restored," the German minister said.
AFP/mry
What do you think? Leave your comment below.
Tax evasion 'OK for Joe Normal' say Germans
Although Germans express outrage when wealthy or famous people evade taxes, many of them do the same themselves, albeit on a smaller scale, a new survey shows. READ () »
Spain and Germany fight youth employment
Germany has agreed to provide vocational training and jobs for young Spaniards starved of opportunities in their crisis-hit home country. READ () »
Car boss asks Merkel to rethink CO2 pledge
The president of the German Automobile Association (VDA) has written to Angela Merkel, asking her to retract her pledge to significantly reduce CO2 car emissions by 2025, it was reported on Tuesday. READ () »
SAP to hire hundreds of autistic IT experts
German tech company SAP said on Tuesday it wants to hire hundreds of people with autism to work as software testers and programmers. The search has, it said, begun for people “who think differently from others.” READ () »
Economists warn against German euro exit
While a third of Germans would rather pay with the old Deutsche mark than the euro, economists warn that a German exit from the currency union would result in a disaster. READ () »
Germany cool to France's EU economy plan
Germany said Friday that French President Francois Hollande's proposal for a eurozone economic government was "interesting" but reacted coolly to his call for strengthened European budgetary powers. READ () »
Au pairs rules relax for non-German families
Foreign families will soon be able to officially engage au pairs from outside the European Union, as long as they speak German at home, as the government prepares to change the law. READ () »
Germany refuses to slam French economic policy
Germany will not publicly criticize France over economic policy, German Finance Minister Wolfgang Schäuble insisted on Thursday, amid differences between Berlin and Paris over growth versus austerity in battling the eurozone debt crisis. READ () »
Capri-Sun drink wins false advertising award
A German food industry watchdog singled out drinks-maker Capri-Sun for its annual advertising "award" on Thursday, for what the group described as "shameless" marketing of sugary drinks to children. READ () »
Anaemic economy feels winter chill
The German economy, Europe's biggest, clocked up anaemic growth at the start of 2013 as the freezing winter weather put the brakes on activity, official data showed on Wednesday. READ () »
- 15/05 Pay deal for metal workers averts strike »
- 14/05 First ever strike hits Amazon's German unit »
- 14/05 Volkswagen plans giant car plant in China »
- 13/05 Metal workers enter huge warning strikes »
- 13/05 Germany launches new job creation drive »
- 10/05 German giants dazzle Dax »
- 10/05 Netto pioneers mobile phone payments »
- 08/05 Court: gay and straight tax breaks must match »
- 08/05 BMW recalls 22,000 cars over airbag fault »
- 07/05 France tells Germany: we need growth too »
See all ads | Join the Marketplace
-
British Corner Shop
British Corner Shop - The online supermarket for expats -
Weiss Institut
Free yourself from Smoking addictions, Sugar craving and Alcohol addictions -
Shiply Worldwide Ltd
Shiply the Online Transport Market Place -
PsyShrink Munich
The Expat Psychologists in Munich, Frankfurt and worldwide -
PsyShrink Frankfurt
The Expat Psychologists in Munich, Frankfurt and worldwide -
Chambervelt Rooselain & Cie Ltd.
Insurance and financial planning for English speakers in Germany
947 jobs available
561 new jobs this week
0 new jobs today
- Distribution Program Leader Europe (m/f)
- Risk Manager / Risk Controller / Quantitative Finance Analyst LUX (f,m) ( FH, Uni /CFA)
- Customer Service International (m/w)
- FINANCE DIRECTOR (m/w)
- SENIOR ANALYST (m/w)
- Senior Account Manager (m/f) SaaS / CRM Solutions
- Production Designer Hot Runner
- Application Engineer After Market Tooling
- Senior Consultant Business Systems m/f
- Monitoring & Diagnostics Product Marketing Manager (m/f) Power Automation & Control (CH)
- 23/05 Sweden 'fails to help well-educated foreigners' »
- 23/05 Mixed results for Sweden refugee job push »
- 22/05 350 jobs lost as Ericsson shuts Swedish factory »
- 22/05 Sweden has 'lower tax burden' than Senegal »
- 21/05 Ericsson probed over suspected bribes »
- 21/05 Warning over 'long-term' Swedish export slump »
- 20/05 'Lean hospital a sign of Swedish welfare reform' »
- 20/05 H&M mulls production in South America and Africa »
- 19/05 Nord Stream plans new gas pipelines »
- 17/05 'Sweden next in line for housing market crash' »
- Food trucks – meals on wheels
Small mobile restaurants are starting to catch on in Germany and they are often far more than your average snack wagons with Currywurst and Pommes. - “Preserve the proven, shape the new” – the International Bach Academy in Stuttgart
For more than thirty years, Helmuth Rilling shaped the international Bach Academy; now he is succeeded by Hans-Christoph Rademann. - ‘Open Mike’ – Fireworks with the Buddha
The Berlin ‘Open Mike’ entered this year its twentieth edition. - On the Stage, the Spoken Word Prevails
In January 2013 the annual meeting of the Dramaturgical Society took place in Munich; its theme: “Speaking on Stage – and about Theatre”... - The Magician of Images – Klaus Ensikat
With the technique of an Old Master and subtle humour, the award-winning graphic designer and illustrator Klaus Ensikat has for fifty years produced ingenious illustrations for literary classics and children’s books....
- Theatre festival between the Saar and the Mosel
The Festival Perspectives in the German-French region around Saarbrücken is staging European theatre, dance and music productions. - The European Year of Citizens
2013 is the European Year of Citizens. - Europe Day, Robert Schuman and Class 4a
Enthusiasm for the idea of Europe – in the 60th European Competition, schoolchildren from Germany show what this could look like. - Relief organizations
The portals presented here provide information on the help programs offered by different organizations.
- ADMINISTRATION COORDINATOR (German and English proficiency)
- Design Engineer Aerospace in Toulouse
- Design Feasibility Engineer / Craftsmanship Engineer (m/f)
- Instrument Developer in Research and Development (m/f)
- Java Developer (m/w) for Search Engine (Lucene)
- Junior/Senior Controller (w/m) Service/Vetriebscontrolling
- Patent Attorney (m/f)
- Praxisstudent/-in Fleet Management Project
- Product Manager / Engineer (m/w) for our Search Engine
- Research Scientist, Scouting HVAC, Building Technology & Energy Management
- 19/05 Car Boot Sale Herford
- 17/05 paid internship
- 17/05 Stop Smoking & Addiction Support
- 17/05 Florida resident seeks job in baden Baden Germany
- 17/05 Berlin Writing Group
- 17/05 cheap car hire
- 01:44 What do you like about the German public schools?
- 00:37 How to find a responsive doctor for chronic pain
- 00:28 After Work Queer Beer - everyone is invited.
- 00:16 Problems getting mail sent from the US
- 00:14 EU will protect us from rogue olive oil
- 23:31 Getting a private health insurance cover pregnancy
- 23:08 Boardgaming hobbyists wanted
- 22:48 Hiking in Rhein-Main-Gebiet
- 22:32 Saturday Tennis at Hirschau - Englisher Garten
- 22:03 Munich babysitters available
Start trading shares, equities, forex, etc. No commission on equities; Low min. margins. Apply for a CFDs account now!
'Charming, old, beamed cottage for holiday let in Jesus Pobre, Alicante, Spain
www.littlehouseinspain.com/
Professional and qualified consultancy on all insurance and finance matters in Germany, Telephone: +49 2163 571 1740, Email: bg@albatross-assurance.com
www.albatross-assurance.com
Visiting Berlin anytime soon? Book your hotel in Berlin here.
For home-from-home holiday accommodation, search for a Berlin apartment to rent.
Your comments about this article:
The diamonds , the so called blood diamonds are sold secretly on the world market the proceeds going in Mugabe's coffers.
I was in hopes that Morgan Tsvangirai would be able to get the sanctions lifted by establishing a legitimate Government but this has never happened.
The worlds thrust for profit (greed) and minerals is mainly responsible for his longevity.
I'll have to think about that one!
Don't think about it too long ,
Eric has the brain power of a backward dead tadpole.
@ Baynik
And South Africa's policy is not double standard? who have the most dealings with him and often back him against anyone else.