Minister of State for Manicaland Provincial Affairs Monica Mutsvangwa has hailed a local organisation - Young Women in Business - for supporting business initiatives that empower women and promote sel...
Zimbabwe has sought to open participation to the country's economic sectors by legally making changes to the country's controversial empowerment laws.On Friday, the Zimbabwean government gazetted new ...
THE Affirmative Action Group (AAG) has asked government to reconsider its position on the indigenisation law, proposing that the threshold be reduced to between 10% and 30% for locals to benefit.Prese...
Zimbabwe has made drastic changes to its controversial economic empowerment laws, restricting it to only two minerals.Presenting the 2018 National Budget on Thursday, Finance and Economic Empowerment ...
THE setting up of Women Empowerment Bank is at an advanced stage with the bank's chief executive officer already appointed to kick start the financial institution's operations before year-end.The bank...
Zimbabwe's largest mobile network operator Econet Wireless Zimbabwe (Econet) yesterday unveiled a youth empowerment initiative, Elevate Virtual Agent Programme (Evap), which is expected to create 25 0...
100 tobacco farmers will benefit from the BAT Zimbabwe Tobacco Empowerment Trust which will see indigenous small scale farmers in tobacco regions being capacitated with best agricultural techniques.Th...
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has rallied Zimbabweans to "live their vision and mission on empowerment, and beneficiation" if the country's economic turnaround is to be achieve...
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...
Indigenisation and economic empowerment policies are not cast in stone and foreigners can hold majority shareholding in any enterprise depending on the nature of their investment, the President has sa...
Foreign banks may not declare dividends in the next five years as they battle to mobilise the $100 million capital requirement and therefore Government should consider promoting empowerment as oppose...
Innscor Africa Limited's shareholders approved the company's Indigenisation Implementation Plan at an EGM held earlier today.Group Chief Executive John Koumides told the meeting that in order for the ...
MEIKLES Limited shareholders will tomorrow convene an extraordinary general meeting to either vote for or against the allocation of 10% of the company's shares to employees, as the group partially c...
President Robert Mugabe says his party won "a resounding mandate" from voters to complete a sweeping black empowerment programme to take over foreign and white-owned assets.Mugabe said on Tuesday the ...
Cape Town - Professor Mthuli Ncube of the African Development Bank (AfDB) has slammed black economic empowerment (BEE), saying it is not creating any value."I've looked at all BEE deals up till about...
The government is working on amending the controversial Indigenisation and Economic Empowerment Act to allow for non-payment of the 51% equity from foreign-owned companies, Fin24 reported.According ...
THE Economic empowerment board has threatened to shut down British-owned Standard Chartered bank and three mining companies until they comply with the country's indigenisation laws.According to sta...
THE banking sector is complying with the country's indigenisation and empowerment regulations, despite spirited efforts from some quarters to discredit the programme.Youth Development, Indigenisatio...
YOUTH Development, Indiginisation and Empowerment Minister Saviour Kasukuwere has implored Bulawayo youths to take the city's economy back to its feet.Addressing youths during the handover of the c...