A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as ____?

The government policy that encourages the transfer of ownership from foreigners to indigenes of the country is known as "indigenisation". Indigenisation policies are intended to empower local citizens and promote their participation in the economy. They typically involve measures to increase the participation of local businesses and individuals in key sectors of the economy, such as mining, agriculture, and manufacturing, by requiring that foreign-owned businesses transfer a certain percentage of their ownership to local citizens or sell it to them outright. The purpose of indigenisation policies is to increase the economic power of local citizens and promote the development of local industries, while reducing dependence on foreign investors.