Indigenisation board sets deadline for reserved sector compliance
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.