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Senior Minister of State Simon Khaya Moyo yesterday commended Finmark Industries for championing indigenisation and empowerment of people in line with Zanu-PF policies. Finmark Industries specialises in supply and distribution of line equipment and is one of the companies that were contracted by Zesa to install prepaid meters in the country.
Speaking after touring Finmark factory in Harare Senior Minister Moyo said the company had shown serious commitment to contribute towards the country’s economic recovery.
“I am very proud and we have started at the factory,” he said. “What I saw there is really indigenisation in motion – everybody at work. I was very pleased that you are the company that has really said we are going to also honour the theme of your Manifesto (Zanu-PF’s) that is indigenise, empower, develop and also create employment. That is what you are doing practically.”
He said it was unfortunate that due to the illegal sanctions imposed on the country most businesses had not taken off the ground.
“There are a lot of entrepreneurs across the board who have not had much support because of the illegal sanctions imposed on us,” he said.
The senior minister said the West was now realising that there was no going back on the land reform and indigenisation and economic empowerment programmes.
He urged Finamrk management to shun corruption and work for the development of the company and the nation at large.
“I am personally impressed by this effort and I can assure you that this is my first visit to any industry as Senior Minister in Government and I think you deserve it because you mean so well and you are real entrepreneurs,” he said.
“Avoid that area of corruption and work as a team and we shall always be there to assist you. Together we will not fail.”
Finmark managing director Mr Clinit M’tungwazi said the company was in the process of developing a number of projects with the main one being the installation of pre-paid meters which he said was almost complete.
“We are not doing just one project but the main one is the one we are doing with the Zimbabwe Electricity Transmission and Distribution Company. About 92 percent of the project is complete,” he said.
The firm was also importing transformers from India and planned to set up a manufacturing plant in Zimbabwe within the next four months.
Online Reporter