PRESIDENT Emmerson Mnangagwa has hailed his government's decision to amend the Indigenisation Act, saying the move had opened floodgates of foreign direct investments into the country.Speaking at the ...
By Staff reporter | Published: 26 July 2018
Chamber of Mines of Zimbabwe (COMZ) president, Batirai Manhando has urged the government to scrap off indigenisation requirements on diamond and platinum sectors, as failure to do so will chase away i...
By Staff reporter | Published: 31 May 2018
The Chamber of Mines of Zimbabwe is lobbying government to remove the 51/49% indigenisation cap on the diamond and platinum sectors so that investors have a wide choice.Addressing journalists ahead of...
By Staff reporter | Published: 11 May 2018
Amendments to the Indigenisation and Economic Empowerment Act have been gazetted in a move signaling the government's commitment to opening Zimbabwe for business.The development has been welcomed, wit...
By Staff reporter | Published: 20 March 2018
ZIMBABWE's industries have proposed the establishment of measures to shield them from foreign competition in State tenders.A draft local content policy being discussed by Confederation of Zimbabwe Ind...
By Staff reporter | Published: 01 March 2018
GOVERNMENT is working on crafting legislative provisions to clarify changes to the Indigenisation and Economic Empowerment Act.Recently, President Emmerson Mnangagwa announced that the Indigenisation...
By Staff reporter | Published: 16 January 2018
GOVERNMENT has overhauled its indigenisation policy as it moves to attract foreign direct investment (FDI) in the country as part of economic reforms spearheaded by President Emmerson Mnangagwa's admi...
By Staff reporter | Published: 08 December 2017
THE 51/49 percent shareholding requirement under the Indigenisation and Economic Empowerment Act would now be applied to investments to extract two precious minerals - diamonds and platinum.Finance an...
By Staff reporter | Published: 08 December 2017
President Emmerson Mnagangwa has delivered to some extent on a lean cabinet, reducing it from 26 to 22 and whittling away deputy ministers to six.But its the composition has drawn some criticism for i...
By Staff reporter | Published: 01 December 2017
Government is amending the Indigenisation and Economic Empowerment Act to reflect its policy position that the 51/49 percent requirement only applies to natural resource-based investments.In this inve...
By Staff reporter | Published: 01 December 2017
ECONOMIC analysts say the best way for President Emmerson Mnangagwa's government to attract serious and long-term investment into the country is to scrap the controversial indigenisation law that has ...
By Staff reporter | Published: 30 November 2017
The lack of progress in amending the Indigenisation Act to bring it in line with the policy clarification that President Robert Mugabe made last year continues to hinder efforts to improve the attract...
By Staff reporter | Published: 03 October 2017
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 sa...
By Staff reporter | Published: 19 September 2017
GOVERNMENT has engaged Oxfam to support the National Indigenisation and Economic Empowerment Board (NIEEB) in renegotiating its indigenisation agreement with Blanket Mine.Blanket Mine, which is owned ...
By Staff reporter | Published: 31 August 2017
Zimbabwe is willing to compromise on indigenisation stipulations to help the national airline to secure a new investor.Transport minister Obert Mpofu said government was pursuing various efforts to en...
By Staff reporter | Published: 21 June 2015
Zimbabwe's largest sugar producer Tongaat Hulett (Tongaat) says government must review the indigenisation policy and consider empowerment credits for business sustenance in favour of compulsory acquis...
By Staff reporter | Published: 07 June 2015
The Zimbabwe Government on Thursday denied reports that it is in the process of amending the Indigenisation and Empowerment Act.Recent media reports indicated that the Government was in the process o...
By Staff reporter | Published: 26 June 2014
Youth, Indigenisation and Empowerment Minister Francis Nhema is satisfied with results of the Indigenisation and Economic Empowerment Act since its inception saying investors are now warming up to the...
By Staff reporter | Published: 14 June 2014
Zimbabwe may introduce a levy on foreign and white-owned companies to pay for the training of unemployed black Zimbabweans, Indigenisation Minister Francis Nhema said.The southern African nation has s...
By Bloomberg | Published: 06 June 2014
Indigenous businesspeople and legal practitioners have implored government to prioritise amending the Indigenisation and Economic Empowerment Act and the Labour Act when aligning laws to the new Const...
By Staff reporter | Published: 28 May 2014
ZIMBABWE is planning to tone down a controversial equity law which forces foreign companies to cede a majority shareholding to local investors, a Cabinet minister said yesterday.Zimbabwe's controversi...
By Sapa-AFP | Published: 26 May 2014
Scores of Golden Grill Fast Foods outlets workers in Bulawayo Friday arrived at work to find their workplace under lock and key after National Indigenisation and Economic Empowerment Board (NIEEB) of...
By Staff reporter | Published: 26 May 2014
FOR years opaque policies, policy inconsistencies, failure to protect property rights and laws such as the Indigenisation and Economic Empowerment Act, among other factors, have militated against Zimb...
By Staff reporter | Published: 09 May 2014
This week's announcement Mauritius-based Afrasia Bank Ltd has increased shareholding in AfrAsia Zimbabwe Holdings Limited to 62,5% , following the injection of an additional $20 million into the enti...
By Staff reporter | Published: 25 April 2014
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Mashonaland West Provincial Affairs minister Faber Chidarikire has pledged free land to the Chinese in exchange for major investment in agriculture. Chidarikire told a Chinese delegation led by deputy...
By Staff reporter | Published: 23 April 2014
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
