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Zairianization

Translations

Zairianizationnoun

Zairianizations

заирианизация

The policy of Zairianization was implemented in the 1970s.

Политика заирианизации была реализована в 1970-х годах.

Definitions

Zairianizationnoun

The process of transferring foreign-owned businesses and assets to local ownership in Zaire, particularly during the 1970s under President Mobutu Sese Seko.

The Zairianization policy led to significant changes in the ownership structure of many companies operating in the country.

Any policy or act of nationalizing foreign-owned or private assets in Zaire, especially during the Mobutu era.

Observers criticized later phases of Zairianization for causing economic disruption.