adminSectors exclusively reserved for indigenous people include agriculture, transport, retail and wholesale, employment agencies, estate agencies, valet services, grain milling, bakeries, tobacco grading and packaging, tobacco processing, advertising agencies, milk processing and provision of arts and craft.
In an interview, local businessman Mr Charles Chiponda, who is also the secretary for the Matabeleland indigenisation board, said indigenous people should benefit from their local wealth and business opportunities.
“A lot of sectors that were set a side for indigenous people by the Government are still dominated by foreigners because the local people are afraid to tackle the initiatives while others do not even know that it is their right to occupy those places.
“Many youths are unemployed yet they could venture into delivery businesses that are being done by some big companies,” he said.
He said the emphasis of the project was to transfer control of Zimbabwe’s natural resources from the hands of foreigners back to indigenous citizens.
“This is the only way poverty can be reduced among local people and it is high time they take necessary steps towards achieving that. Many people think that Government should do that for them but it is now their duty to find out more about the programme and take advantage of it,” Mr Chiponda said.
He said the major reason why these sectors were set aside for indigenous people was because they needed low capital injection. “The country has no credit lines to offer small businesses hence these can be easy to start thereby affording local people an opportunity to sustain their livelihoods,” he said.
Online Reporter