The recent Mining Indaba highlighted misunderstandings over the latest indigenisation and employment creation regulations – even within government itself. operating in Zimbabwe today.
There were differences between the Minister of Mines and Mining Development, Obert Mpofu, and that of Youth, Employment Creation and Indigenisation, Savior "Tyson" Kasukuwere before the Indaba.
Prominent among the contentious issues was the decision by Indigenisation minister, Saviour Kasukuwere, to “without consultation" remove the operating licence from Zimplats. CEO David Brown jetted into Harare to thrash out the problem. President Robert Mugabe told the House of Assembly that no operating licence would be cancelled before consultation.
"Negotiations are in progress and we are discussing the indigenisation issue but the Act itself will not be changed and stands," said the Permanent Secretary.
The Minister of Economic Planning and Investment Promotion, Tapiwa Mashakada, revealed that Zimbabwe is developing a new mining policy to replace the old one which is "out-dated".
Post published in: News