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Mugabe approves nationalisation law

Polity.org "Zimbabwe's President Robert Mugabe has signed into law a bill giving local owners the right to take majority control of foreign companies, including mines and banks, a government newspaper reported on Sunday.
Analysts fear the move could sound the death knell for an economy that has also suffered from foreign investor flight, and is struggling with the world's highest inflation rate of over 100,000 percent."

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