effects of indigenisation in mining productivity

Limitations to developmental impact of China's role in ,- effects of indigenisation in mining productivity ,9 Oct 2012 , Government has taken two major steps towards adding extra value to its oil production with the development of a , The effect of the mining industry on the socio-economic life of the people cannot be underestimated , What is very clear is that Chinese small-scale investors are averse to indigenisationECONOMIC STUDIES DEPARTMENT OF ECONOMICS , - GUPEAindigenisation program whose success could depend on a detailed understanding of effects uncertainty in the investment , Paper IV examines the effects of irreversibility on mining investments in Zimbabwe The path of reversible investment.





Zimbabwe: 2012 Article IV consultation; IMF Count,

7 Sep 2012 , financial sector stress, and uncertainties around the indigenization policy , The effect of that hike was compounded in early-2012 by an increase in employee allowances and 2 Small , Mining production is expected to

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Maximising the positive socio-economic impact of ,

31 Impact of Mine Size and Mine Vintage on the Regional Economic Stimulus 14 32 How Spatial Structure , mining production, mineral rent and taxes can be deployed to accumulate infrastructure and skills to help ,, Such regulations for promoting local ownership and 'indigenisation' suggest that little has been learned.

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Zimplats Holdings Limited

Operating subsidiary Indigenisation Plan has been agreed in principle One lost time injury was , Mining production for the quarter was adversely affected by an illegal industrial action by a section of the workforce which resulted in two and.

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Indigenisation leaving poor behind - New Zimbabwe

14 Feb 2013 , EVER since the promulgation of the Indigenisation and Economic Empowerment legislation in 2007, the initiative has , It is , therefore, within the context of optimising both the individual and collective empowerment benefits to the , through ownership of the means of production and mainstreaming previously disadvantaged indigenous people such as , Basing on the nominal GDP for the year 2012 which is estimated at US$ 114274 million, the mining sector had a.

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Foreign Investment in Zimbabwe: Indigenisation Issues - ,

Minister of Youth Development, Indigenisation and Empowerment at , The Community Share Ownership Schemes shall be entitled to 10% equity in the mining business , Implementation of the Employee Share Ownership Schemes shall indirectly lead to the increase in productivity levels in the companies and low.

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The land reform challenge : economic and social perspective ; ,

An economic analysis of the impact of land acquisition on agricultural production and the whole economy , individual or family farms; company farmlands; mining companies' land; church farmlands; NGO farmlands (including trusteeships, associations, administrations, etc) , The transfer of such oversized estates would not be inconsistent with the indigenisation objectives of Zimbabwe's land policy

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2014 Country Analysis Report - UN in Zimbabwe

3 Oct 2014 , Most Productive Sectors Agriculture, Mining, Financial Services and Telecommunications Land Wealth , To reduce the negative effects of the economic meltdown, Zimbabwe adopted a multicurrency payment , infrastructure, food security and value addition in line with comprehensive efforts to indigenise

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the 2014 national budget statement - Deposit ,

19 Dec 2013 , Clarification of Indigenisation & Economic Empowerment Regulations ,,,,, 99 Joint Ventures & Similar Arrangements ,,,,,,,,,,,,,,,,,,,,,,, , Agriculture Productivity , Amendments to Mining Laws

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Impala-Platinum - Miningmx

Impala Platinum will increase production 17% in 2016 as it recovered from a five-month strike at operations in South Africa , Zimbabwe's banking and services sectors did not have to comply with indigenisation in the same way was mining, the indigenisation minister has sa , The likely end of a strike at Lonmin's Marikana mine underpins the influence of Amcu among the mine's workers after its.

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impact of artisanal small scale gold mining in ,

Although there are many potential socio-economic benefits of artisanal small scale gold mining, there are numerous negative impacts from these small and inefficient operations as a result of wasteful ,, costs, mine output, labour productivity, and size of concessions, amount of resources, annual sales and levels , Promoting indigenisation through small scale mining promotes the use of mercury as it is

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The trouble with indigenisation - New Zimbabwe

18 Mar 2011 , Zimbabwe is neither the first nor the only country to seek to maximise the benefits of its natural resourc , The Zambian government under Kaunda took over control of the copper mines in the early 1970s For the first , Production plunged because of the global copper glut that made prices fall But the.

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Download related PDF - The Brenthurst Foundation

tinue to affect investment decisions, particularly for new investments, across the productive sector and for FDI This could limit flows of well-needed foreign direct investment, including in the mining sector Indigenisation in the banking sector.

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FAQs - Youth, Indigenisation and Economic Empowerment

Some of the most recent consultations were at the mining Indaba, Zimbabwe Investment Conference, American Business , Answer: The National Indigenisation and Economic Empowerment Board was transformed to the National Indigenisation & Economic Empowerment Fund with effect from 15 January 2010 , Through ESOPs, employers all agree that workers are motivated and become productive

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Zim Mining Indaba 2011 « Zimbabwe Mining Indaba

The minster presented an overview of the Indigenisation and economic agenda which he said was a growth oriented and , Benefits realised are evidenced by gold production for mines on this scheme which exceeded planned targets as.

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Clarity,consistency elude indigenisation policy - The ,

16 Jan 2015 , SINCE the enactment of the contentious Indigenisation Act in 2007, Zimbabwe has lost at least US$4 billion , billion worth of potential mining revenue in five years due to the negative effects of the policy which continues to fuel capital flight and spook investors , to revamp its productive sectors more than investors, who have alternative investment destination options, need Zimbabwe

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The Feasibility of Value Addition in the Mining ,

This study seeks to establish the effect of the Indigenization Policy in the country against the Value addition strategy which has , from Chamber of Mines, Reserve Bank of Zimbabwe, International Monetary Fund (IMF), World Bank reports, Ministry of , production but aid undesirable levels of speculation and in turn aid and.

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ECONOMIC DEVELOPMENT IN NIGERIA THROUGH THE ,

application of a multivariate dynamic econometric cointegration model on the effect of , with the agricultural and manufacturing production , deregulation of the mining and quarrying sector will boost production, growth and ,, Indigenisation and Technology Transfer Decree of 1972 and 1977 (the Nigerian Enterpris

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Revamping Artisanal Gold Mining in Zimbabwe to ,

including the criminalisation of artisanal gold mining by the Zimbabwean authorities, have , have a positive impact on the overall productivity of Zimbabwe's gold , Indigenisation and Economic Empowerment Act of 2007 were introduced

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Indigenisation law to be amended | The Herald

30 Dec 2014 , 5 gold panners die in mine collapse , Amendments to the Indigenisation and Economic Empowerment Act that will see line ministries approving indigenisation , operates once the businesses are productive - they turn around and seize with the big wigs taking over to reap where they did not invest time, effort or money , Unfortunately this is not going to have any immediate effects

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Zimbabwe Alternative Mining Indaba 2013 Report - Human Rights ,

This report summaries the proceedings and results of the 2nd Zimbabwe Alternative Mining Indaba which was organised , addition, making artisanal mining legal, transparency and accountability in the production and marketing of minerals as well as the , To critically analyse the structure and implementation of the indigenisation programme as an empowerment model for communities in Zimbabwe

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(Chimonyo 2012) - Centre for Research and Develo,

Socio-economic and Environmental Impacts of Gold Mining in Penhalonga , The partnership of DTZ and OZGEO meets the requirements of the Indigenisation and Economic Empowerment Act that all , For example, during a media tour on June 24, 2011 DTZ-OZGEO co-director could not give information on production.

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Land Policy, Poverty Reduction and Public Action ,

occasioned by the negative effects of economic liberalisation and unfulfilled land redistribution Issues such as, political will, , value added industrial production, and the indigenisation of mining and agri-business concerns This thrust found.

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Indigenisation versus Juice:Which is the way forward? - ,

6 Dec 2012 , To ensure the equitable distribution of productive and wealth creation assets throughout the economy, particularly , Formal Small-Scale Mines (SSMs) will be increased from 25 000 in 2013 to 40 000 by 2017 and their productivity and , ZANU pf magnifies tobacco production but ignoring the effect it has

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Indigenisation policy review was long over due - The Standard

1 Jun 2014 , In the wake of the indigenisation policy, we have witnessed mining firms either scaling down operations or , In some production sharing pacts, changes in international mineral prices or production rate can affect the investor's.

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State of Mining in Africa In the spotlight - ,

several mining regions across Africa and reflect on what is , The Indigenisation and Economic Empowerment Act was introduced , mining fiscal regime, which came into effect , of exploration investment, future mine development project pipeline and total copper production Given that Zambia has head grades that are

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Zimbabwe - African Economic Outlook

ZimASSET has a number of positive elements, such as the adoption of results-based management and a clear implementation matrix , to the law, there are 13 economic sectors earmarked for indigenisation, including mining, manufacturing,.

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"'Why We Had to Indigenise!' the Rationale for Zimbabwe's , ,

the Rationale for Zimbabwe's Indigenisation and Economic Empowerment Programme (IEEP) Is Rooted in the Country's , They did not own the means of production, and had limited access to education, health, and other social servic , In effect, the struggle for a free and democratic Zimbabwe was fought around the need for black Zimbabweans to , on the levels of indigenisation of the economy revealed that manufacturing, mining, tourism, and energy, among others, are still.

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1 TABLE OF CONTENTS List of Acronyms an,

Socio-economic and Environmental Impacts of Gold Mining in Penhalonga 27 , Gold production, similar to the mining of previous minerals such as diamonds or platinum, can be a lead factor in rural , One criticism on the policy of black empowerment and indigenisation is that it means transferring wealth to a few who are.

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Reflections on Community Share Ownership Trusts, ,

29 Jun 2015 , , the indigenisation deals within the mining sector is a façade , The impact of the Indigenisation and Economic Empowerment programme in Zimbabwe has been laden with , the production and reproduction of continued

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Broad Based Economic Empowerment in Zimababwe , ,

7 Feb 2013 , Formulation of the policy and legal framework of Indigenisation and economic empowerment , Compliance by companies mainly in the mining industry , 10 Introduction The need to redress the skewed ownership of the productive assets has given rise to the process of , that discussions on the effects or results of the indigenisation and empowerment efforts that have so far been.

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Creating a conducive legal and policy , - WordP,

Creating a conducive legal and policy environment for women in mining in Zimbabwe A report on a baseline study , and illegal gold mining, legal procedures and processes involved in mining, impacts of the mining on the , and safety, stakeholder involvement such as the role of Women Miners Association; production and marketing , For example, the Indigenisation and Economic Empowerment Act.

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Crisis, Capital, Compromise: Mining and Empowerme,

production downturn and disinvestment by several major mining houses, foreign , mining exploration, mine commissioning and production expansion , 'indigenisation' according to citizenship, the results have been no less disappointing

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Mimosa | Aquarius Platinum

Production: 118,033 PGM ounces , Shallow underground mine accessed by decline shaft and a surface concentrator plant , The record level of production was largely due to the increase in volumes processed, while the grade mined was steady , The effect of the retrenchment process of the past two years and the 10% decline in the number of employees , While Mimosa continues to negotiate with the Ministry of Indigenisation and the Ministry of Mines and to work towards.

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Productivity performance in developing countries ,

the overall productivity consequences of such structural changes that have taken place in Kenya in the last 40 years were , a reduction in productivity Kenya also pursued an indigenisation policy, ostensibly to create a more inclusive society

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Zimbabwe's indigenisation policy confounds investors

29 Sep 2011 , Zimbabwe 's economic indigenisation programme has rendered the country a very uncertain place to do business for , He was referring to Kasukuwere's outlandish threats to shut down foreign banks and mines that failed to comply with the indigenisation regulations , and only saddle average citizens with the negative impact of its failure through declining productivity and job loss

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Final Results

15 Sep 2015 , Following completion of the transfer of the mining licence BPPM is expected to enter production in late 2015 , we have considered the adequacy of the Directors' disclosure of the impacts of the Indigenisation Regulation in.

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Blanket Gold Mine - Caledonia Mining Corporation

Caledonia acquired the Blanket Mine from Kinross Gold Corporation with effect from April 2006 Following the implementation of indigenisation with effect from September 5, 2012, Caledonia now owns 49% of Blanket , In November 2014, Caledonia announced a revised investment plan for the Blanket Mine in terms of which production is expected to increase to approximately 80,000 ounces of gold by.

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A closer look at Zimbabwe's mining sector - How We Made It In ,

10 Sep 2010 , Gold production was the leading sector in 1996 with output exceeding 24 metric tonn , The upshot of this suspension was a serious impact on the future of the mining industry , The most pertinent legislature affecting mining at present is the Indigenisation and Economic Empowerment regulations

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