In­di­geni­sa­tion board sets dead­line for re­served sec­tor com­pli­ance

Chronicle (Zimbabwe) - - Business Chronicle - Busi­ness Re­porter

THE Gov­ern­ment has set Jan­uary 1, 2017 as dead­line for re­newal and ap­pli­ca­tion of re­served sec­tor com­pli­ance cer­tifi­cates.

The coun­try’s em­pow­er­ment laws through, Statu­tory In­stru­ment No.66/2013, di­rects that busi­nesses and in­di­vid­u­als oper­at­ing in the re­served sec­tors of the econ­omy should pos­sess a valid re­served sec­tor in­di­geni­sa­tion cer­tifi­cate.

The re­served sec­tor cat­e­gory com­prises busi­nesses that are ex­clu­sively meant for Zim­bab­wean en­trepreneurs.

Na­tional In­di­geni­sa­tion and Eco­nomic Em­pow­er­ment Board (NIEEB) chief ex­ec­u­tive of­fi­cer Mr Wilson Gwatiringa said in a no­tice yes­ter­day that all busi­nesses oper­at­ing in the clas­si­fied sec­tors should com­ply with the law be­fore the dead­line.

“Any per­son or busi­ness oper­at­ing in the re­served sec­tors should be in pos­ses­sion of an in­di­geni­sa­tion com­pli­ance cer­tifi­cate by ap­ply­ing for, or re­new­ing, their cer­tifi­cate be­fore 1 Jan­uary 2017,” said Mr Gwatiringa.

The clas­si­fied busi­nesses un­der re­served sec­tor in­clude; agri­cul­ture and pri­mary pro­duc­tion of food and cash crops, trans­porta­tion, re­tail and whole sale, bar­ber shops and beauty salons, em­ploy­ment and es­tate agen­cies, vale ser­vices, grain milling, bak­eries, to­bacco grad­ing and pack­ag­ing, ad­ver­tis­ing agen­cies, milk pro­cess­ing and pro­vi­sion of lo­cal art and craft, mar­ket­ing and dis­tri­bu­tion.

Mr Gwatiringa said those keen to ap­ply should sub­mit an ap­pli­ca­tion form IDG 07 to­gether with rel­e­vant doc­u­ments to the board’s of­fices in Harare.

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