Indigenisation and Economic Empowerment Policy Views and Concerns in the Zimbabwean Mining Sector (2008-2011)

Abstract

The paper assessed the challenges caused by the Indigenisation and Economic Empowerment (IEE) policy of 2008 on the mining sector of Zimbabwe. Qualitative research method was used to analyse data on challenges caused by the IEE policy, strategies for addressing the challenges and evaluation of the policy.  The data was collected through interviews that targeted stakeholders in the mining sector. The study found out that stakeholders welcomed the Indigenisation and Economic Empowerment policy but the challenge was its implementation for example, the policy lacked transparency and clarity such that most stakeholders failed to understand it. The government needs to intensify awareness and education programmes for the nation while raising the needed fund as successful implementation also depends on funding to avoid situations where the economy and the intended beneficiaries end up in a worse off situation.

Keywords: Indigenisation and Economic Empowerment Policy, Zimbabwean Mining Sector