(PDF) The effect of mining foreign direct investment inflow …
The coefficient of 0.058 indicates that a 1% increase in mining FDI increases growth by 0.058% in the short run. The results are in line with the study by Gochero and Boopen (2020) who posited ...
Promoting sustainable mining in Zimbabwe
Brief overview of mining activities in Zimbabwe. Mining projects vary according to the type of metals or minerals to be extracted from the earth. This ultimately defines the structural phases of a mining project which typically begin with the exploration phase and ending with the post-closure period after commercial production.
Nationalization of the Zimbabwe Mining Sector: Another
The Zimbabwean government recently announced plans to partially nationalize the country's mining sector after accusations that foreign companies were plundering the country's resource wealth ...
Mining in Zimbabwe, 5 years later (mining industry recap)
Here are ten things the Mnangagwa administration has done right in Zimbabwe mining and outstanding issues that need urgent reforms: 1) Mining Law …
Zimbabwe
According to the government of Zimbabwe, the economy recovered strongly, growing by 7.8 percent, in 2021 although the International Monetary Fund (IMF) estimates the economy grew by 6.1 percent, thanks to increased agricultural production, high commodity prices, and improved capacity utilization in the manufacturing sector. The government ...
Growth enabling policy formulating strategies for the Zimbabwean
Artisanal and small-scale gold mining (ASGM) in Zimbabwe can significantly contribute to the economy and improve livelihoods but an enabling regulatory environment is lacking to achieve this vision.
Mining in Zimbabwe: The need for Government Intervention
Zimbabwe is clearly in need of foreign currency and the mining industry should be well positioned to provide the same but investors and sponsors need comfort that, after settlement of local liabilities, any foreign currency should be free of restriction. 62% of foreign currency in Zimbabwe currently comes from exports.
State of mining industry report
A COUPLE of weeks back, Zimbabwe Chamber of Mines published its state of the mining industry survey report looking at issues faced by the industry and prospects for 2022. To ensure objectivity, the Chamber states that its involvement was restricted to sponsoring and facilitating access to information to its members who form a greater part.
Transforming Zimbabwe's mining sector: A path to prosperity
To show its commitment towards ensuring the growth of the sector through the various policies implemented by the government Zimbabwe has set an ambitious goal of transforming its mining sector ...
Government works to improve mining sector
Finance minister Mthuli Ncube has revealed that the Zimbabwean government is considering a duty waiver for closed mines, saying that enabling mines to import equipment duty-free would help boost the mining sector, allAfrica reports. Speaking through his director for economic planning and modelling Charles Mujajati at the Mine …
An empirical assessment of how the government policies …
The government policy framework provides the roadmap that can be used to implement the enacted policies to support the performance of SMEs. The Zimbabwean government came up with sound policies that were deliberately crafted to improve the performance of SMEs, but the main challenge was on the communication, …
Improvement of Zimbabwe's Health Sector: A …
In conclusion, the improvement of Zimbabwe's health sector is a multifaceted approach that involves various strategies and collaborations. The government's efforts towards building a resilient and efficient health system that caters to the needs of all Zimbabweans is underway. These efforts will improve the health sector …
Zimbabwe showcasing mineral potential & investment …
February 5, 2024. Read Next. Zimbabwe will from the 5th of February to the 8th of February 2024 showcase its mineral potential and investment opportunities available in the country at Mining Indaba, which is largest Mining Investment Event held on Africa soil. The annual event hosts thousands of investors, industry captains and key government ...
Post-independence Reforms and Policies in Zimbabwe
There was a marked improvement in Zimbabwe's fiscal performance. This improvement in fiscal performance was due to improved revenue collection and enhanced expenditure management which was the major focus of the ZIMPREST. ... improving the mining sector, ... Government of Zimbabwe industrial development policy 2012–2016 …
SECTOR | Zimbabwe Mining Sector Report 2023
Regulatory Environment. The country's minerals taxation laws saw some changes in the past 12 months. This includes SI 189 of 2022 which compels miners of …
Winston Chitando Zimbabwe Minister Of Mines And Mining …
Chitando has a remarkable record in his country's mining industry spanning well over 3 decades. Previous to his appointment as Zimbabwe's Minister of Mines and Mining Development, he has held several different positions in major companies such as Hwange Colliery, Anglo-American, and Zimasco, later serving as chairman of the board …
Zimbabwe Sparkles As it Secures 7th Place in Global …
By Ronald Joma, Oct 07, 2023. Harare - In the global diamond mining landscape, Zimbabwe claimed a notable position, ranking 7th in both rough diamond production …
Zimbabwe
The Government of Zimbabwe (GOZ) adopted an "open for business" policy in 2018 to encourage more foreign direct investment (FDI). For example, the GOZ set an ambitious $12 billion target for the mining sector by the end of 2023 and is calling for increased investment in renewable energy.
The Performance of the Zimbabwe Mining Sector in 2019
PDF | On Dec 1, 2019, Lyman Mlambo published The Performance of the Zimbabwe Mining Sector in 2019 | Find, read and cite all the research you need on ResearchGate
Why Zimbabwe's diamond mines need better …
Zimbabwe, like many African countries, faces an ongoing struggle to secure fair compensation for its mineral wealth. The question of how to maximise government revenues from the mining sector is a ...
Mining in Zimbabwe in 2020: Achievements, the good and …
The Zimbabwean government is making strategic moves in leveraging the nation's rich mineral resources to stimulate economic growth and development. The …
(PDF) Indigenisation and Economic Empowerment Policy …
However, mineral resource rich nations in Africa-and Zimbabwe in particular-are increasingly recognising that beyond fiscal benefits to governments from mining companies, the mining industry can positively contribute to broader social and economic development, especially for women and men through promoting their participation in the …
Zimbabwe to enforce "use it or lose it" policy for mining …
Chitando said the government had been lax in enforcing the "use it or lose it" policy but that would change as authorities pin their hopes on the sector to drive the recovery of an economy ...
Worker rights and social justice in Zimbabwe's mining sector
that Zimbabwe's mining sector has many workers' rights issues, including freedom of association, the right to collective barg aining, occupational safety and health. In Zimbabwe, workers' freedom ...
Zimbabwe's gold production up as new mines begin production
Gold deliveries for the first ten months of 2021 totalled 22 tonnes, up from 16 tonnes in the same period last year, according to numbers released this week by Fidelity Printers and Refiners (FPR). Gold exports, Zimbabwe's most valuable resource, dropped from US$1.60 billion in 2019 to US$980 million in 2020. The RBZ blamed Covid-19 …
Zimbabwe Post Independence Economic Policies: A Critical …
The Zimbabwean government in 1997 decided to provide once-off payments of 16 Z$50 000 dollar (then worth $1 315) and long-term pensions to 60,000 veterans of the
Mining in Zimbabwe: time to use it or lose it
Between colonial intervention and a weak regulatory framework, mining in Zimbabwe has struggled to live up to its potential. With the government cracking down on undeveloped licenses, and aiming to force companies to "use it or lose it", we consider the history of mining in Zimbabwe, and who the winners and losers of the new policy could …
(PDF) Economic Policy Analysis in Zimbabwe: A Review of Zimbabwe …
(2) a sharp depreciation of the Zimbabwe dollar in 1998, which was due to low prices of Zimbabwe's major minerals on the international market and low international prices of tobacco reducing ...
Transforming Zimbabwe's mining sector: A path to prosperity
August 17, 2023. Transforming Zimbabwe's mining sector: A path to prosperity. President Mnangagwa. Vusumuzi Dube, Zimpapers Elections Desk. "OUR mining sector is the …
Mining in Zimbabwe: time to use it or lose it
In November, mining minister Winston Chitando announced that the government will force companies to develop these assets as part of a 'use it or lose it' policy, its latest attempt to remove inefficiencies from and stimulate growth in the mining sector. The policy builds on similar initiatives deployed in the gold mining sector, and …