President Robert Mugabe, campaigning for upcoming elections, has signed a new law requiring foreign- and white-owned businesses to hand over 51% control of their operations to blacks, state media reported Sunday.
Cranking up his campaign theme of "economic empowerment" in the impoverished African nation, Mugabe also unveiled plans to distribute tractors, generators, gasoline and cattle to black farmers who have resettled on white-owned land seized by the government since 2000.
"This equipment and implements now form a critical mass that should be deployed effectively so as to meaningfully uplift productivity levels," the state-owned Sunday Mail reported Mugabe as saying at a Harare ceremony Saturday.
The new program comes three weeks before Zimbabweans vote in crucial presidential, parliamentary and local council elections in which Mugabe, 84, is running against former finance minister and ruling party loyalist Simba Makoni, 57, and opposition leader Morgan Tsvangirai, 55.
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