In a statement today, said it had received various inquiries from local and international media houses seeking comment on the alleged new changes.
“As of now, the chamber of mines of Zimbabwe has not received any written communication or advised of the proposed changes. Neither has it been advised by any of its members of receipts of such communication,” said Chamber of Mines, president Winston Chitando.
The Minister of Indigenisation and Economic Empowerment, Saviour Kasukuwere on Wednesday said his ministry had not changed its legislative framework, refuting the Sunday Mail report that there would be amendments to the Indigenisation and economic empowerment act.
At a press conference held at his government office, the minister said “I would like to advise the general public that implementation of the indigenisation and economic empowerment programme will continue to be guided by the Indigenisation Act (Chapter 14; 33), statutory instrument 21 of 2010 as amended, general notices No. 114 and 459 of 2011 and general notice 280 of 2012.”
Said Chitando: “It is common knowledge that most of our members are positively engaged with government on the indigenization and economic empowerment and keen on ensuring its expeditious conclusion in the spirit of unlocking the full value of the mining sector and its role in the economic transformation of Zimbabwe,” he said.
He said the chamber of mines of Zimbabwe and its members remain hopeful that the consultation that have characterized its relation with the government will be maintain and that present and future dialogue will remain being guided by mutual interest and the collective desire to build better and prosperous Zimbabwe.
Section 21 of the Indigenisation and economic empowerment act (chapter 14;33), gives the Minister power , after consultations with the National Indigenisation and economic empowerment board to make regulations, which further the achievement of the 51% indigenous shareholding requirement.
“As the minister responsible, I have the delegated legal responsibility to make regulations in the interests of achieving Government Policy on indigenisation and economic empowerment, which I deem necessary as my Ministry continues to implement, monitor and evaluate the programme," said Kasukuwere.
The ministry continues to engage businesses with a view to achieving the 51% indigenous shareholding requirement on a mutual beneficial basis, he said.
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