(LUSAKATIMES) Law to empower Zambians with key positions in firms on cards

Wednesday, August 11, 2010

(LUSAKATIMES) Law to empower Zambians with key positions in firms on cards

Law to empower Zambians with key positions in firms on cards
Wednesday, August 11, 2010, 15:34

Government has disclosed that it will soon enact a law that will give Zambian nationals a chance to hold high positions in companies owned by foreign investors.

Labour Deputy Minister Simon Kachimba says Zambia has highly qualified nationals who have the capability to effectively run most of the big companies in the country hence the need to for them to be given a chance to hold key positions in these companies.

Mr Kachimba said though investors can bring in a few expatiates in key positions like finance, the majority of top portfolios should be held by local people, adding thatGovernment will ensure that this happens in its bid to empower local people.

The Deputy Minister was speaking in Lusaka today when he addressed the Zambianisation committee that has been tasked to implement measures aimed at curtailing the recruitment of cheap expatriate labour.

Mr Kachimba said Government is committed to providing decent employment for its people and will do everything possible to ensure that it safeguards employment for its nationals.

He stressed that Government is also committed to preparing Zambian nationals so that they take over jobs from expatriates as a way of empowering them.

Mr Kachimba however said for this to happen it is vital to come up with a succession plan aimed at identifying and developing internal personnel with the potential to fill key or critical organisational positions.

He urged the Zambianisation committee to follow up each company’s succession plan so that the country has fully backed nationals who will runcompanies effectively once they take over.

[ZANIS]

Labels: LABOUR, SIMON KACHIMBA, ZAMBIANISATION