Commercial Farmers' Union of Zimbabwe
Zimbabwe may seize Tongaat farmland http://www.moneyweb.co.za 19 November 2012 08:18 Cancel its operating license. Nov. 18 (Bloomberg) — Zimbabwe may seize land farmed by Tongaat Hulett Ltd. and cancel its operating license under a law aimed at empowering black Africans, the state-run Sunday Mail reported, citing a letter written by indigenization minister Saviour Kasukuwere. Kasukuwere’s letter to Zimbabwe’s …
ZANU PF electioneering behind Tongaat indigenisation order http://www.swradioafrica.com/ By Alex Bell29 October 2012 An ultimatum handed to sugar producing company Tongaat Hulett, to fall in line with Zimbabwe’s ‘empowerment orders’, is believed to be part of ZANU PF’s election campaign. The South African sugar group was last week given a 14 day deadline to submit its plans to …
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Govt to take over closed companies http://www.thezimbabwean.co.uk/ Over 80 companies that have closed down in Bulawayo will be taken over and allocated to locals through the Ministry of Youth Development, Indigenization and Empowerment, a government official has said.26.10.12 by Ashly Sibanda Fidelis Fengu, the Deputy Chairperson of the Special Advisory Board in the ministry, told journalists in Bulawayo …
Army General to head empowerment body http://www.thezimbabwemail.net Staff Reporter 23 hours 49 minutes ago HARARE – Government has appointed a new National Indigenisation and Economic Empowerment Board (NIEEB) headed by Retired Lieutenant General Mike Nyambuya.This follows the expiry of the outgoing board that was led by David Chapfika, whose term of office lapsed on 1 October.Some members of …
Tragic truth behind Indigenisation policy http://www.thezimbabwean.co.uk The worst constraints affecting Zimbabwe’s economic recovery continue to be self-inflicted policies that are still having profound effects on business confidence. Because political objectives lie behind all the policy decisions, it is impossible to describe the situation in purely economic terms.01.08.1208:41amby John Robertson This remains true of the latest policies imposed: huge increases …
Indigenisation Regulations Suspended For New Investors http://www.radiovop.com/ Harare, July 19, 2012 — Government on Wednesday clipped the wings of Youth Development Indigenisation and Empowerment minister, Saviour Kasukuwere, in a charm offensive to lure investors amid revelations that potential investors were scared by the empowerment legislation. The empowerment law states that locals should have 51% in all companies operating in …
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Coltart and Kasukuwere clarify school indigenisation http://www.swradioafrica.com Staff Reporter12 July 2012 Recently Indigenisation Minister Saviour Kasukuwere caused a major panic when he said schools were to be indigenised, meaning they had to hand over 51% of their shares. The new regulations to take over private schools were published in a notice in the Government Gazette last week. But …
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Deeply-Divided Cabinet Skirts Indigenization Debate http://www.voanews.com 10 July 2012 Blessing Zulu | Washington Zimbabwe’s deeply-divided cabinet, meeting Tuesday following President Robert Mugabe’s return from Singapore, avoided the contentious issue of indigenization to focus on other social and economic issues. Indigenization Minister Saviour Kasukuwere, who sparked the row, is said to be climbing down after intense pressure from his …
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Gono, Kasukuwere call truce in banks row http://www.newzimbabwe.com 09/07/2012 00:00:00by Gilbert Nyambabvu EMPOWERMENT Minister Saviour Kasukuwere and Reserve Bank of Zimbabwe governor, Gideon Gono, reached a truce Monday ending their public row over the takeover of foreign-owned banks in line with the country’s economic empowerment legislation. Said Gono: “The Minister (Kasukuwere) called me earlier this (Monday) morning from Dubai …
For ordinary people indigenisation is a lie http://www.thestandard.co.zw Nevanji Madanhire What exactly does the proposed indigenisation of foreign banks mean to ordinary people? A bank to the man on the street, in the circumstances Zimbabwe finds itself in now, is a place where often-underpaid workers withdraw their monthly salaries. The bulk of salaried people are civil servants, who …