Paul Mangwana, the minister in charge of black empowerment, said only white people "disadvantaged by the colonial system" before independence in 1980 were defined as "indigenous" Zimbabweans who would be allowed to keep majority control of businesses. "The bill is not about economics, but politics. It is about the total liberation of Zimbabwe. The legislation has yet to be approved by the senate and signed into law by President Robert Mugabe, although I would imagine these are formalities.
Like the farm takeovers, the purpose of the bill is to correct colonial-era imbalances. The farm takeover was of course a triumph... (if the colour of the sky in your world is pink with purple spots). It is a pathetic attempt by a vile thug to divert attention away from the disaster that is the country’s economy.