Economic empowerment does not only apply to foreign-owned companies, but also to local firms willing to partner Government in various sectors of the economy, President Mugabe has said. 

In an interview to mark his 90th birthday aired on ZBCTV on Thursday night, Mugabe said local companies could form consortiums to work with the State on a 50-50 shareholding basis. 

The President said such arrangements enabled the country to retain its wealth, most of which was being shipped out by foreign companies.

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