david chapfika.pngThe Indigenization and Economic Empowerment Fund Board (EEFB) says the recently established 13 sector specific committees are to spearhead the implementation of the Indigenisation and Economic Empowerment Act regulations and should be fully operational end of May.
 
The Board which is in the process of finalizing the setting up of the committees said there has been a positive response from different stakeholders from various sectors of the local economy.
 
The Chairperson of the (EEFB), Cde. David Chapfika confirmed that the committees which are expected to offer technical assistance in the effective implementation of the legislation should be functional end of next month.

 

“The sector specific committees are based on stakeholders’ interest and so far we have had a great response from industry.  We have the names which have been submitted to us and we are hopeful the committees will operational beginning of next month,”said  Cde Chapfika.

 

The 13 sector specific committees include: Mining; Energy; Agriculture; Manufacturing; Construction; Financial Services; Tourism and Hospitality; Education and Sport sServices; Trading; Arts, Entertainment and Culture Services; Telecommunications and ICT.

 

Meanwhile the Indigenisation and Economic Empowerment Board is currently on a 3 day outreach programme in Matabeleland South Province. 

 

The outreach is meant to gather information from this province for the effective implementation of the Indigenisation and Economic Empowerment Act.