Abstract and Figures. Sustainability of platinum Group Metals exploitation in Zimbabwe continues to be a cause for concern due to a number of factors. One therefore takes a look at factors ...Web

However, recent legal and policy reforms in Zimbabwe have proved to be a major threat to the life and welfare of Community Share Ownership Trusts (CSOTs). Specific challenges came in the form of the Finance Act (2018) which repealed some of the 2010 provisions that the Government had introduced through the Indigenisation and …Web

HE declared that Government would not accept companies that reject our indigenisation policies, and his order was that such companies should not operate in Zimbabwe come 2016. I, therefore, wrote to all ministers on December 18, 2015, highlighting the President's statement and soliciting their advice to ensure compliance.Web

Claim: We amended the Indigenization & Economic Empowerment Act, which had constrained foreign ownership of local businesses and discouraged much needed investment. We have now removed this constraint in almost all sectors, sending a clear signal that Zimbabwe is open for business. Mnangagwa made the claim in an opinion …Web

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.Web

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Contribute to naicha22/2022 development by creating an account on GitHub.Web

Mining Laws and Regulations Zimbabwe 2024. ICLG - Mining Laws and Regulations - Zimbabwe Chapter covers common issues in mining laws and regulations – including the acquisition of rights, …Web

industry indigenisation), 80% of the mining claims, i.e. conglomerates and small companies, were owned and controlled by foreign investors (Zimbabwe Chamber of …Web

19 October 2022. There are two things Zimbabwe prides itself in: its indigenisation policies and vast natural resources which have contributed to both the economic …Web

Critics say that Zimbabwe's indigenisation drive is leading to a drying up of investment, but companies who have complied, like Canada's Caledonia Mining Corporation, continue to commit money and make profits. Caledonian, however, is a rarity: few international companies, let alone mining houses, have gone through the …Web

Drawing on case study evidence from the indigenisation of a large foreign-owned mine and the experiences of community trusts set up to manage mining assets, …Web

The discovery of diamonds in 2006 in Marange's Chiadzwa area and extractive industry indigenisation in Zimbabwe beginning in 2010 has led to an expanding number of mining-induced internally displaced persons in the country. ... the government should put in place measures and sanctions that would compel mining companies to …Web

The Government had to ensure that a controlling interest in diamond and platinum mining businesses was held by the Zimbabwe Minerals Marketing Corporation, the Zimbabwe Consolidated Diamond Company or the National Indigenisation and Economic Empowerment Fund [which are collectively called "appropriate designated …Web

Zimbabwe's largest daily newspaper ... indigenisation and economic empowerment policy. Thousands of companies have complied with the 51/49 principle, a number of Community Share Ownership and ...Web

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 wasWeb

THREE foreign banks operating in Zimbabwe have complied with the country's local ownership law while government talks with other banks on the legislation continue, Indigenisation Minister Francis Nhema said. ... Mining companies including Anglo American Platinum and Impala Platinum have already had indigenization plans …Web

Abstract 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 articles and online material, the article examines the attempts to indigenise some of the country's biggest mining concerns, like the platinum …Web

Lithium mining in Zimbabwe. According to the World Economic Forum, 540 000 metric tonnes of lithium were mined globally in 2021. This is expected to increase to 1.5m metric tonnes and 3m metric ...Web

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 …Web

National policies and programmes must endeavour to empower the most vulnerable members of the society in order to fight poverty and underdevelopment; indigenisation of foreign-owned companies is ...Web

According to the statement the new policy of government on the mining industry reflect that: "for existing business where government does not have 51%ownership, compliance …Web

There are two things Zimbabwe prides itself in: its indigenisation policies and vast natural resources which have contributed to both the economic empowerment and ironically destitution of the ordinary. For example, people have been empowered with ownership of mines and/or mining rights, leading to an increase in artisanal mining …Web

revenue that Zimbabwe derives from mining activities, there is growing unease with regard to the real benefits accruing to the ordinary Zimbabwean in the mining communities. fn a study in GhanaI Mining companies have also been accused of shirking their responsibility towards the development of the communities in which they operate, thereby ...Web

Tongaat is one of the companies that Zimbabwe officials say have been black-listed under Section 5 of the indigenisation laws. The section deals with companies deemed to be unwilling to comply ...Web

Mining, as with any other business in Zimbabwe, is currently dominated by regulatory uncertainty, specifically with regard to the indigenisation policy, which stipulates that 51% of the country ...Web

Mineral resources, such as gold, emeralds and diamonds, have provided a means of livelihoods to the unemployed 2 United Nations Economic Commission for Africa (UNECA), 2009 3 The ANC Policy Discussion Document, 2012 4 Volume 38 people in both rural and urban areas of Zimbabwe from 1991 to 2009, through artisanal mining an activity …Web

The article argues that current indigenisation and empowerment pro-poor policies such as the (IEE Act) and the CSOT Statutory Instrument 21 of 2010 were a progressive effort to empower the ...Web