Commercial Farmers' Union of Zimbabwe
Govt amends Indigenisation Act | The Chronicle Minister Patrick Chinamasa Oliver Kazunga, Senior Business ReporterGOVERNMENT has amended the Indigenisation and Economic Empowerment Act in line with guidelines enunciated in the 2018 national budget statement. Presenting the 2018 fiscal policy statement in December last year, Finance and Economic Planning Minister Patrick Chinamasa said Government, through the …
Padenga accords 15 percent shares to employees May 19, 2017 Business Padenga Holdings Limited management is upbeat the firm will meet its target cull of 46 000 crocodiles this year Business ReporterCROCODILE breeder, Padenga Holdings Limited will accord its management and employees 15 percent stake in the company after shareholders approved its share option scheme. Padenga …
Govt, BAT in agric empowerment drive February 9, 2017 Features, Opinion & Analysis Sydney Kawadza Senior Features WriterIn 1995, Laxer Matemayi completed her Ordinary Level education at Ngezi High in Mhondoro, Mashonaland West province. Like most of her peers she found herself in a marriage that was blessed with three children. The marital bliss she anticipated, …
Parliament to push Indigenisation Act amendments Top Stories October 11, 2016 By Staff Reporter President Robert Mugabe PRESIDENT Robert Mugabe tabled over 20 Bills that should be expedited during the Fourth Session of the 8th Parliament, majority of which are aimed at stimulating the economy and re-aligning the new Constitution.Officially opening the 4th Session of the …
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Joint Venture Act gazetted June 1, 2016 Business Martin Kadzere : Senior Business Reporter THE Joint Venture Act, expected to promote major investment across economic sectors, came into force last week after the gazetting of a Statutory Instrument to operationalise it. Through SI 53 /2016, May 27 was fixed as the date of commencement of the legislation. The objectives …
INVESTOR FOG LIFTED . . . President clarifies Indigenisation Policy . . . Zhuwao slap on the wrist over banks April 13, 2016 Headlines, Top Stories President Mugabe Happiness Zengeni and Golden Sibanda Harare BureauPRESIDENT Robert Mugabe has moved in to clarify the confusion over the interpretation of the indigenisation law, which he said had undermined market confidence …
Cabinet decides against Indigenisation levy; directs ministries to cancel licences for non-compliant firms By Staff Reporter 0Top StoriesMarch 23, 2016 CABINET has directed that from April 1, 2016 all line Ministries should proceed to issue orders to licencing authority to cancel licences of non compliant business within their respective sectors of the economy to ensure …
Indigenisation non-compliant companies face closure Posted on March 20, 2016 by ZimSitRep_M — 1 Comment ↓ via Indigenisation non-compliant companies face closure – Sunday News Mar 20, 2016 FOREIGN companies resisting Zimbabwe’s indigenisation programme will not be required to pay non-compliance (empowerment) levies and will instead be shut down come 1 April, 2016, a Cabinet Minister has said. The Confederation of Zimbabwe Industries …
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Indigenisation deadline still unchanged: Zhuwao March 17, 2016 Business Minister Patrick Zhuwao Harare BureauYOUTH, Indigenisation and Economic Empowerment Minister Patrick Zhuwao says the government will stick to the March 31, 2016 deadline for all foreign-owned firms to submit their indigenisation plans. Government last year gave foreign-owned firms, a March 2016 deadline to submit plans on how …
Joint Venture Act new barrier to investment February 19, 2016 in Business Barely two months after Finance minister Patrick Chinamasa and Indigenisation minister Patrick Zhuwao unveiled new frameworks, procedures and guidelines for implementing the Indigenisation and Economic Empowerment Act, government has gazetted the Joint Ventures Act to bring further clarity to the country’s policy environment and attract …