Economic empowerment lobby group, the Affirmative Action Group (AAG) will this Saturday hold a conference in Bulawayo to explain and educate stakeholders on the contents of the revised Indigenisation and Economic Empowerment Act.
The development comes after the governing party, ZANU-PF, recently revised the Act to ensure it fits with the country’s economic thrust “Zimbabwe is open for Business”.
AAG immediate past president, Chamu Chiwanza, confirmed the conference will be held in Bulawayo, saying the Act is expected to benefit both the public and private sector in ensuring that there is a marked improvement in the ease of doing Business as well as promotion of investment opportunities.
“Indigenisation and empowerment is back as the modified version if you want to call it that way.
” (Its) paramount to any society in Africa,” Chiwanza said.
He added: ” Zimbabwe has made serious milestones in empowering its people.”
Chiwanza, however, said lack of funding has affected the mainstream business.