Thursday, April 19, 2012

Zimbabwe at 32: Indigenisation and Economic Empowerment for Economic Transformation.


The Minister of Youth Development , Indigenisation and Empowerment was invited to be the Guest of Honour at the Annual Independence Youth Dinner hosted by the Zimbabwe Youth Council. Youths representing various Youth Organisations and representatives of political parties attended the dinner held at the HICC on the 17th of April 2012.
Zimbabwe celebrated its 32nd year of Independence from colonial rule on the 18th of April with this year's theme being "Indigenisation and Economic Empowerment for Economic Transformation".

The Minister thanked the previous speakers that had spoken on the need for youths to start making a difference, the same difference made by the youths of the 1970's- 80 that liberated Zimbabwe from colonial rule. He went on to say the Independence of Zimbabwe is not for any particular political party but for all Zimbabweans to embrace and celebrate the achievement of those that fought for the liberation of our country.

He went on to emphasize on the need for youths to come togather regardless of their differences and fight for the economic transformation of Zimbabwe by way of getting the corporate world to see that the transformation of Zimbabwe lies in the Youths of today, the same way the youths fought for the transformation of the political landscape of Zimbabwe.

Indigenisation and Economic Empowerment remains a key focus area of the Zimbabwean Government. The Government, through the Ministry of Youth Development, Indigenisation and Empowerment has already launched the Mhondoro- Ngezi, Chegutu Community Share Ownership Scheme(Zimplats Holdings), the Tongogara Community Share Ownership Scheme(Anglo America- Unki) and the Zvishavane Community Share Ownership Scheme (Mimosa Mining company). Employees have also, to date, benefitted from Employee Share ownership schemes with employees from Meikles Limited and Schweppes Limited already owning a stake in their companies.
Over the next 3 months, the Ministry expects to have launched a number of schemes through out the country...