BUSINESS NEWS

Nhema says all firms should cede shares

The Minister of Youth Development, Indigenisation and Economic Empowerment, Francis Nhema, says all companies, particularly those in mining, are obliged to contribute to the community share ownership ...

By Staff reporter | Published: 13 March 2014
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MINING & RETAIL

Francis Nhema charms Implats

IMPALA Platinum said its Zimbabwean unit held "constructive" talks with the new government over mining operations, including the requirement to sell majority stakes to locals."What we're observing is ...

By Bloomberg | Published: 24 October 2013
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FINANCIAL SERVICES

Nhema to meet banks over indigenisation

INDIGENISATION minister Francis Nhema is set to meet foreign- owned banks operating in Zimbabwe to discuss a possible modification of the indigenisation policy.Nhema told Southern Eye Business on the...

By Staff reporter | Published: 14 October 2013
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POLITICS

'Indigenisation fronting is a serious crime'

Government has warned individuals and businesses who submit false information in their indigenisation plans. The Minister of Youths, Indigenisation and Empowerment Francis Nhema said fronting and subm...

By Staff reporter | Published: 08 October 2013
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EDUCATION

'Govt to revive 42 vocational training,' says Nhema

GOVERNMENT has plans to spend close to $40 million in reviving 42 vocational training centres (VTCs) for youth skills training and entrepreneurship development, a Cabinet minister has said.VTCs were m...

By Staff reporter | Published: 03 October 2013
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