Business »
Tuesday, 20 November 2012 12:06
HARARE - Pretoria Portland Cement (PPC)’ s Zimbabwe unit Portland Holdings Limited (Portland) is considering investing close to $200 million in the construction of a new plant in the north eastern region, following its compliance with the country’s indigenisation law. The...Read More
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Business »
Tuesday, 23 October 2012 12:19
HARARE - Only three mines in Zimbabwe are yet to table plans on how they will comply with the country’s 51 percent indigenisation programme, according to Saviour Kasukuwere, the firebrand Youth Development, Indigenisation and Empowerment minister. Zanu PF hawks, using the...Read More
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News »
Tuesday, 23 October 2012 09:50
HARARE - Zimbabwe, like the majority of regional governments, has failed to realise meaningful benefits from the extractive industry due to poor revenue collection systems driven by selfish political agendas, a top Zambian mineral economist has said. Mathias Mpande said the...Read More
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Business »
Friday, 19 October 2012 10:47
HARARE - Since it was launched over two years ago, Zimbabwe’s drive to force foreign businesses to give 51 percent of their shareholding to locals has never been especially popular with the Zimbabwean public. Just 19 percent approve of the indigenisation...Read More
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Business »
Friday, 12 October 2012 11:39
HARARE - AIM-listed Caledonia Mining has completed the indigenisation of its Zimbabwe-based Blanket gold mine after securing approvals from the Reserve Bank of Zimbabwe (RBZ). The indigenisation deal, as outlined in a February memorandum of understanding with Zimbabwe’s Indigenisation minister Saviour...Read More
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Business »
Saturday, 06 October 2012 14:11
HARARE - Tobacco processor British American Tobacco Zimbabwe (BAT) is set to launch an Employee Share Ownership Trust (Esot) as the company gears to comply with the controversial Indigenisation laws. Zimbabwe’s indigenisation and economic empowerment regulations gazetted in 2010 compel non-indigenous-owned...Read More
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Opinion & Analysis »
Tuesday, 11 September 2012 13:31
HARARE - Since the 80s until now, South Africa has suffered from a dreadful turf war between rival transport operators. At its peak, the deadly competition to control transport routes — commonly known as the “taxi wars” — accounted for hundreds...Read More
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