Business » Ndakaziva Majaka, Staff Writer
Saturday, 12 January 2013 10:27
HARARE - Impala Platinum Holdings (Implats)’s subsidiary Zimplats yesterday unveiled its indigenisation plan by ceding a 51 percent stake worth $971 million to locals. By signing an agreement or term sheet — outlining the implementation of its enhanced empowerment plan —...Read More
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Business »
Saturday, 15 December 2012 13:06
HARARE - Platinum miner Mimosa has unveiled its indigenisation plan by ceding a 51 percent stake worth $556 million to locals. By signing an agreement or term sheet — outlining the implementation of its enhanced empowerment plan — with government yesterday,...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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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 »
Monday, 08 October 2012 11:45
HARARE - Zimbabwe Platinum Mines processing plant has been awarded the 2011 National Award for Occupational Safety and Healthy ahead of 2 088 inspected companies by the National Social Security Authority (Nssa). Bitumen Construction Services and Zimasco Shurugwi came second and...Read More
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Business » Roadwin Chirara, Business Editor
Friday, 05 October 2012 16:56
HARARE - Zimbabwe Platinum Mines (Zimplats) says it will miss all its set project deadlines due to funding constraints. This comes after the platinum miner announced last week that its decision to comply with a $33,8 million government tax bill will...Read More
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