Indigenisation and Economic Empowerment Act updated May 2011
(e) at least one member shall be a legal practitioner registered as such in terms of the
Legal Practitioners Act [Chapter 27:07]; and
(f) at least two members shall be persons whom the Minister considers to be
knowledgeable or experienced in issues of indigenisation and economic
empowerment;
(g) three shall be nominated by the heads of Ministries that the Minister considers to be
the most important Ministries for the purposes of advancing indigenisation and
economic empowerment.
(2) The Minister shall designate one member to be the chairperson of the Board and
another to be the vice-chairperson, and the vice-chairperson shall exercise the functions and
powers and perform the duties of the chairperson during any period that the chairperson is
unable to act.
(3) The First Schedule applies to the qualifications of members of the Board, their terms
and conditions of office, vacation of office, suspension and dismissal, and the procedure to be
followed by the Board at its meetings.
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Functions of Board
The functions of the Board shall be—
(a) to advise the Minister on the Government’s indigenisation and economic empowerment
strategies; and
(b) to advise the Minister on appropriate measures for the implementation of the objectives of
this Act; and
(c) to administer the Fund in terms of section 15; and
(d) to oversee compliance with the Charter; and
(e) to perform such other functions as may be imposed or conferred upon the Board under
this Act or any other enactment.
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Chief executive officer and staff of Board
(1) The Board shall appoint, on such terms and conditions as it may fix, a person to be the
chief executive officer of the Board and such members of staff as will enable the Board to carry
out its functions in terms of this Act:
Provided that the Minister, with the approval of the Public Service Commission, may assign
persons employed in his or her Ministry to act as the chief executive officer and staff of the
Board.
(2) Without the authority of the Minister, no person shall be appointed by the Board as
chief executive officer and no person shall be qualified to hold office as chief executive officer
if he or she would be disqualified in terms of paragraph 1 of the First Schedule had that
paragraph applied to him or her.
(3) The appointment of the chief executive officer shall terminate if he or she would be
required in terms of paragraph 3 of the First Schedule to vacate his or her office had that
paragraph applied to him or her:
Provided that his or her appointment shall not terminate on the ground that he or she has
ceased to be a citizen of Zimbabwe or ordinarily resident in Zimbabwe, if the Minister has
granted authority under subsection (2).
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