Articles tagged 'indigenisation act'

Tsvangirai's MDC to repeal indigenisation law 19 September 2017 HARARE - Morgan Tsvangirai's MDC says it will repeal a law to force the transfer of foreign-owned firms to local ownership if it wins power in the 2018 elections. MDC shadow Finance minister Tapiwa Mashakada said the Indigenisation and Economic Empowerment Act has eroded investor confidence an...
French investors committed to Zimbabwe — Envoy 10 February 2016 HARARE - French Ambassador to Zimbabwe Laurent Delahousse says French investors are willing to increase the investments in the country following the introduction of new amendments to the Indigenisation Act. The envoy told the businessdaily at the unveiling of Total Zimbabwe's state-of-the-art ...
Government efforts welcome but... 25 April 2013 HARARE - As reported in our lead story of this issue, pending amendments to the Indigenisation Act of 2007 are most welcome. What is particularly interesting is that this comes in the aftermath of the Nieebgate Scandal which was exposed by the Daily News. We insist that we have nothing against in...
Three mining firms yet to comply 23 October 2012 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 indigenisation programme...
78 percent disapprove of indigenisation 19 October 2012 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 law, according to the latest opinion poll ...
Empowerment breeds gangsterism 11 September 2012 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 of lives as hired gunmen and gangsters shot each other and...