The impact of the Indigenisation Policy on socio-economic development: A case study of Shamva Community Share Ownership Trust.

Abstract

The research focused on the impacts of indigenisation policy on socio-economic development with interest only on Community Share Ownership Trusts / Schemes and using Shamva Community Share Ownership Trust of Shamva district as the case study. Face to face interviews and questionnaires were the instruments used to extract data from the members of the Board of Trusties who were the key informants as well as residents from ward 21, 22 and 23 (Wadzanai Township) and ward 10 and 11 (Chakonda Growth Point) who are the beneficiaries of the scheme. Secondary sources of data such as books, journals and newspapers were also used to gather relevant information. Shamva Community Share Ownership Trust managed to usher in some developments as witnessed by the drilling of boreholes, construction of mothers’ waiting shelters, and rehabilitation of clinics and maintenance of roads among others. However the establishment of the scheme also brought some challenges like rising hostilities between local authorities and qualifying companies and retrenchment of workers to mention a few. The schemes has the potential to transform Shamva district but there is a need to correct some realised mistakes.