An evaluation of indigenisation policy in Zimbabwe.
The need to redress the skewed ownership of productive assets has given rise to the process of indigenisation and economic empowerment processes in many previously colonized countries. Countries such as Zambia, Brazil, South Africa and lately Zimbabwe have embarked on indigenisation or economic empowerment initiatives, to varying …
Examining the Indigenisation and Economic …
The indigenisation policy has promoted the smallscale mining industry thus economically activating lives of thousands of people who are surviving through mining across Zimbabwe. The government recognised small …
Mining Industry: Indigenisation Through the Back Door
Pursuant to that call, the Indigenisation and Economic Empowerment Act was amended in 2018 so that only diamond and platinum mining were reserved for indigenous Zimbabweans [though some other sectors of the economy were reserved for Zimbabwean citizens whether indigenous or non-indigenous]. Now the Indigenisation …
Indigenisation and Economic Empowerment Policy …
This paper looks at the historical processes that influence the indigenisation and economic empowerment programme (IEEP) …
Has Zimbabwe amended its Indigenisation law?
Conclusion: CORRECT. The Indigenisation and Economic Empowerment Act has been amended through the administrative measures and the Finance Act arising from the 2018 budget announcement. About the author: Njabulo Ncube is senior Zimbabwean journalist and national co-ordinator of the Zimbabwe National Editors' …
Zimbabwe: Mineral Policy | SpringerLink
In Zimbabwe, mining is regulated by a number of laws and among them is the Mines and Minerals Act (chapter 21:05) (Mupfumi and Masiya 2016 ). The Act governs the acquisition of mineral rights. Mining rights are either issued as mining permits for small-scale projects and mining license for large projects.
(PDF) The Indigenisation Policy and Economic …
PDF | This study sought to evaluate the impact of the Indigenisation Policy on the socioeconomic emancipation of rural …
Indigenisation and Economic Empowerment Act
Indigenisation and Economic Empowerment Act Zimbabwe Zimbabwe Indigenisation and Economic Empowerment Act Chapter 14:33 Commenced on 17 April 2008 [This is the version of this document as it was at 14 March 2018 to 30 December 2020.] [Note: This version of the Act was revised and consolidated by the Law …
Govt in indigenisation policy shift
But in the past few weeks, Zimbabwe's mining industry has been gripped by fresh fears of capital flight after amendments contained in the Finance (No 2) Bill empowered government to extend the ...
Mining-induced displacement and livelihood resilience: The …
Many scholars have highlighted the impacts of mining-induced displacements (Gukurume and Tombindo, 2021; Askland, 2018; Arhin et al., 2022; Gukurume and Nhodo, 2019). ... The discovery of diamonds in 2006 in Marange's Chiadzwa area and extractive industry indigenisation in Zimbabwe beginning in 2010 has led to …
Examining the Indigenisation and Economic …
Policies such as the Indigenisation Policy and the and reform Programme among others have only succeeded in initiating de-investment and further economic isolation from the rest of the world (Marazanye, 2016, Munyedza, 2011). The heart of Zimbabwe's economy is hinged on agricultural and mining production but there has been a massive decline in
Predatory Politics and the Indigenisation and Economic
This paper explores the unfolding of Zimbabwe's indigenisation policy in the country's mining sector from the early 1990s to 2018. Informed by interviews, government reports, newspaper ...
The Indigenisation Policy and Economic Emancipation …
Business and Management Horizons ISSN 2326-0297 2018, Vol. 6, No. 2 14 1. Introduction At independence in 1980, the Government of Zimbabwe inherited a dual economy that was
(PDF) The Indigenisation Policy and Economic Emancipation in Zimbabwe
This study sought to evaluate the impact of the Indigenisation Policy on the socio-economic emancipation of rural communities in Zimbabwe. A case study approach was taken focusing on the Marange and Zimunya communities in Manicaland Province of Zimbabwe, where diamonds are being mined.
Indigenisation and Economic Empowerment Act
Establishment and objects of National Indigenisation and Economic Empowerment Fund. (1)There is hereby established a fund, to be known as the National Indigenisation and Economic Empowerment Fund. (2)Subject to this Act, the objects of the Fund shall be—. (a)to provide financial assistance to indigenous Zimbabweans for any …
An Analysis of Zimbabwe's indigenisation and economic …
This paper looks at the historical processes that influence the indigenisation and economic empowerment programme (IEEP) adopted by the Government of Zimbabwe (GoZ) and …
Mining Laws and Regulations Report 2024 Zimbabwe
There are various tax incentives given to miners involved in exploration and mining. For holders of special mining leases, taxation is at a flat rate of 15% as opposed to 24.72% for other miners. The holders may, however, be liable to additional profit tax calculated based on a formula.
Zimbabwe: Mineral Policy | SpringerLink
In the post-independence era, mining prospects in Zimbabwe increased as compared to the colonial period. By 1996, Zimbabwe was one of the leading producer …
Ten priorities for getting Mining moving in Zimbabwe
Zimbabwe Mining is beginning to recover after decades of isolation caused by the draconian laws of indigenisation that had the "jewel of Africa" be labelled as a no-go area for investment. As the current President took over the reins, he inspired the nation, ignited hope and had the country speaking in one voice. The hope he inspired marked …
An Evaluation of Indigenisation Policy in …
This study sought to evaluate the impact of the Indigenisation Policy on the socio-economic emancipation of rural communities in Zimbabwe. A case study approach was taken focusing on the Marange and Zimunya …
Law and the Indigenisation of Mineral Resources in Zimbabwe…
The paper identifies a number of policies implemented after 1980 and examines their impacts in enhancing food security, employment and growth in rural areas of Zimbabwe. ... for mining policy ...
Economic Governance Watch 01/2021
The effect of prescribing minerals under section 3(1) of the Indigenisation and Economic Empowerment Act will largely be to fence off sectors of the mining …
An Analysis Of Zimbabwe's Indigenisation And Economic …
This study sought to evaluate the impact of the Indigenisation Policy on the socio-economic emancipation of rural communities in Zimbabwe. A case study approach was taken focusing on the Marange and Zimunya communities in Manicaland Province of Zimbabwe, where diamonds are being mined. ... (IEE) policy of 2008 on the mining …
THE IMPACT OF THE NATIONALISATION THREAT ON …
Monetary Policy presentation, the Reserve Bank of Zimbabwe (RBZ) Govenor stated that the Indigenisation Policy was a noble move to involve the ordinary Zimbabwean in the economic activities of Zimbabwe by giving them access to, and equitable ownership of, the country's natural resources, including land and minerals.
Foreign Direct Investment and Zimbabwe's Indigenisation …
Source; Government of Zimbabwe IEE General Notices 459 of 2011 and 280 of 2012. To realise the lEEA's set objectives, in 2013, the government of Zimbabwe crafted an economic blueprint, the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZIMASSET) with a view to achieving sustainable economic growth and …
Indigenisation & Economic Empowerment Act [Updated …
ENACTED by the President and the Parliament of Zimbabwe. PART I. Preliminary. 1 Short title and date of commencement. (1) This Act may be cited as the Indigenisation and Economic Empowerment Act [ Chapter 14:33 ]. (2) This Act shall come into operation on a date to be fixed by the President by statutory instrument. [1] [1] The date fixed was ...
Indigenisation and Economic Empowerment Policy …
Abstract. The paper assessed the challenges caused by the Indigenisation and Economic Empowerment (IEE) policy of 2008 on the mining sector of Zimbabwe. Qualitative research method was used to analyse data on challenges caused by the IEE policy, strategies for addressing the challenges and evaluation of the policy.
Indigenisation law to affect more sectors in Zimbabwe
On 25 March 2011, the Zimbabwean government published new regulations under the Indigenisation and Economic Empowerment Act, which required 51% of the shares of mining companies in Zimbabwe with a net asset value above US$1 to be ceded to indigenous Zimbabweans. Under the previous regulations, companies with a net …
The Indigenisation Policy and Economic Emancipation in Zimbabwe…
This study sought to evaluate the impact of the Indigenisation Policy on the socio-economic emancipation of rural communities in Zimbabwe. A case study approach was taken focusing on the Marange and Zimunya communities in Manicaland Province of Zimbabwe, where diamonds are being mined.