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Government to ban foreign investors from media

    JOHANNESBURG

    The government this week said it plans to ban all foreign investment in private media organisations in Zimbabwe, 'The Financial Gazette' reported on Thursday. Information ministry permanent secretary George Charamba was quoted as saying that the government would soon pass legislation to bar foreign investors and donors from investing in the private media.

    Charamba said the government would invest the equivalent of US $1.8 million in the operations of the state-run Zimbabwe Broadcasting Corporation and Zimbabwe Newspapers. Spokesmen for the Independent Journalists' Association of Zimbabwe and the Zimbabwe Union of Journalists (ZUJ) were quoted as saying that the action was part of the government's "desperate agenda to gag the media" ahead of presidential elections next year.

    Meanwhile, Information Minister Jonathan Moyo has declared that state-run media institutions will not be party to a voluntary media council being launched by ZUJ and the Media Institute of Southern Africa (MISA). He has nonetheless not opposed the establishment of the voluntary council.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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