Zim to host empowerment conference

In an interview, the director of Indigenisation and Empowerment in the ministry, Mr Godfrey Sigobohla, said preparations for the conference were at an advanced stage and delegates were expected to come from all sectors of the economy.

“The empowerment conference is expected to enlighten the world on the country’s model of empowerment.

“We expect local, regional and international delegates to be in attendance during the two-day conference as they share knowledge on indigenisation strategies,” said Mr Sigobohla.

He said the conference would see participants impart knowledge on the best practices from around the world to be implemented in the indigenisation programme.

“This is the first conference we are holding after the beginning of the implementation of the empowerment legislation, so we hope it will be a success.

“We hope to learn from other delegates who have implemented the same concept  and how they have been able to balance between empowerment and attract foreign direct investment in their economies,”                    he said.

He said the conference comes at a time when most companies were beginning to comply with the indigenisation and economic empowerment policy.

The Indigenisation and Economic Empowerment Act was introduced by Parliament in 2008 as a means to correct economic imbalances that were created by the marginalisation of indigenous Zimbabweans during the colonial era.

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