Online Reporter
Sikhumbuzo Moyo
GOVERNMENT is contemplating coming up with a law that will make it mandatory for companies to invest back in areas where they are operating.
This was revealed by the Deputy Minister of Mines and Mining Development, Polite Kamambura, in his presentation at the Rural Industrialisation Indaba that is taking place at the Zimbabwe International Exhibition Centre.
Deputy Minister Kamambura said the time was now for corporates to move away from non-mandatory Corporate Social Responsibility to Corporate Social Investment in an effort to accelerate national Industrialisation, which will in turn spur rural Industrialisation, in line with the Zimbabwe Industrial Reconstruction and Growth Plan.
Deputy Minister Kamambura noted that most, if not all, mining companies are in rural areas, yet there is little development in those provinces.
The Indaba has so far seen all eight rural provinces, as represented by the Ministers of State for Provincial Affairs and Devolution or their representative, taking to the podium to briefly highlight their provinces’ competitive advantages.
