Revisit Indigenisation Act to save industry

Revisit Indigenisation Act to save industry Posted on October 4, 2013 by ZimSitRep_J — 2 Comments ↓ via Revisit Indigenisation Act to save industry — CZI – The Zimbabwe Independent by Taurai Mangudhla October 4, 2013 ZIMBABWE should change its land tenure system as well as revisit the Indigenisation Act in order to save industry, former CZI president Joseph Kanyekanye said. Speaking at a …

Indigenisation will not feed us! Vince Musewe

Indigenisation will not feed us! Vince Musewe Posted on September 25, 2013 by ZimSitRep_J — 3 Comments ↓ via Indigenisation will not feed us! | The Zimbabwean by Vince Musewe 24.09.13 Food security, decent housing, health and access to clean water are more pressing issues than the ownership of shares. Please make no mistake; I am not against the idea of indigenisation at …

Govt to intensify indigenisation – Mugabe

Govt to intensify indigenisation – Mugabe Posted on September 17, 2013 by ZimSitRep_J — 2 Comments ↓ via Govt to intensify indigenisation — Mugabe – The Zimbabwe Independent by Paidamoyo Muzulu September 17, 2013 PRESIDENT Robert Mugabe said today his government will pursue with renewed vigour indigenisation of the economy and make parastatal heads to sign performance related contracts. Mugabe made the remarks in …

BAT profits slump on indigenisation costs

BAT profits slump on indigenisation costs Posted on September 15, 2013 by ZimSitRep_J — No Comments ↓ via BAT profits slump on indigenisation costs – DailyNews Live by Kudzai Chawafambira  15 SEPTEMBER 2013 Cigarette-maker BAT Zimbabwe incurred a $1,4 million loss after tax in the half-year to June 2013, weighed down by a $10,6 million indigenisation expense. The loss comes on the back …

Kasukuwere renews threats

Kasukuwere renews threats http://www.theindependent.co.zw/ June 21, 2013 in News INDIGENISATION minister Saviour Kasukuwere yesterday told parliament that any person who operates a business without a valid Indigenisation Compliance Certificate risks imprisonment of up to four months with effect from January 1, 2014, according to the newly gazetted Statutory Instrument 66 of 2013. Staff Writer The new regulations come …

Govt to enforce 50pc local procurement

Govt to enforce 50pc local procurement http://www.newzimbabwe.com/ 28/05/2013 00:00:00     by Business Day THE government is to restrict foreign procurement of raw materials and other equipment by companies to 50% as part of efforts to enforce a statutory instrument giving preference to local suppliers. It has emerged, however, that the new measures will also be factored into planned amendments …

Ultimatum for foreign shops

Ultimatum for foreign shops http://www.herald.co.zw/ Saturday, 18 May 2013 01:05 Lloyd Gumbo Herald Reporter GOVERNMENT has given all businesses operating in reserved sectors of the economy under the Indigenisation and Economic Empowerment Act a six-month ultimatum to apply for indigenisation compliance certificates. According to the Act, reserved sectors are agriculture (primary production of food and cash crops), transportation, …

Mawere responds to Gono on indigenisation

Mawere responds to Gono on indigenisation http://nehandaradio.com/ on May 16, 2013 at 1:16 pm By Mutumwa Mawere In 1980, President Robert Mugabe was alive to the link between national unity, peace and progress and his words at independence sought to provide a guide as to what was to be expected. As we look back, we are compelled …

Zanu PF Officials Fight Over South African Sugar Milling Giant

Zanu PF Officials Fight Over South African Sugar Milling Giant http://www.voazimbabwe.com/ Obert Pepukai02.05.2013 CHIREDZI, MASVINGO — Temperatures are rising in Masvingo Province where Zanu PF supporters with offer letters to own sugarcane plots are calling for the immediate closure of Tongaat Hullet, the country’s sole sugar producer in Chiredzi, for failing to allocate them promised pieces of land …

Indigenisation an elitist transfer of wealth: Biti

Indigenisation an elitist transfer of wealth: Biti http://www.newzimbabwe.com/ 26/04/2013 00:00:00     by Staff Reporter MDC-T secretary general and Finance Minister, Tendai Biti, has dismissed the indigenisation programme as an “elitist transfer” of wealth which will not create any “new value” or achieve broad-based economic empowerment. Under the programme, which is being driven by President Robert Mugabe and his Zanu …