Indigenisation indaba on next month

empowerment policy and also to diagnose whether it falls within the intended plan of benefiting the broad-based indigenous Zimbabweans.
The event, the first of its kind since the adoption of the empowerment policy, is being organised by a local research and consultant firm, Africa Development and Economic Strategies. It will be held at the HICC.
A spokesperson for the organisers said the indaba will provide a platform for stakeholders to network and discuss constructively on issues regarding the policy as well as enhancing an understanding of indigenisation and its importance to the development of the country.
“We are organising this event with a view of checking progress of the policy and to see if it will benefit the intended people,” said the spokesperson.
“Participants will also have an opportunity to deliberate on the impact of the indigenisation and empowerment policies on the economy. We strongly believe this is a process which requires regular stakeholder engagement.”
High-level speakers from Government, private sector, civil society, development partners and youths are expected to grace the occasion.
Under the indigenisation policy, foreign-owned companies are required to sell at least 51 percent shareholding to indigenous Zimbabweans.