david chapfika.pngGovernment and the National Indigenisation and Economic Empowerment Fund Board are finalising a special arrangement for the board to start borrowing money for the empowerment agenda.

The arrangement will see the National Indigenisation and Economic Empowerment Board being equipped with necessary human and infrastructural resources so as to fully carry out its mandate of ensuring broad based empowerment.

Chairperson of the board, Cde David Chapfika said the government and the board are finalising the paper work that will ensure the borrowing of money from financial institutions and other relevant stakeholders to fund indigenisation projects.

The Indigenisation board is working on recruiting human resources and has appointed a new chief executive officer who will steer the board towards achieving the set objectives.

The new chief executive officer, Mr. Wilson Gwatiringa said he will work closely with board members in raising the required capital to ensure that Zimbabweans benefit from the indigenisation agenda.

The National Indigenisation and Economic Empowerment Board has held   consultations across the country gathering views and enlightening the public on the advantages of participating in the empowerment agenda.