Investment Policy Measures

13 results
Zimbabwe

Zimbabwe

14 Nov 2023

Promulgates General Investments Regulations, 2023

On 14 November 2023, Zimbabwe promulgated the General Investments Regulations, S.I. 227 of 2023. These regulations establish the licensing procedures for general investment licenses. They also delineate separate processes for investor [...]

Zimbabwe

Zimbabwe

14 Nov 2023

Issues the Special Economic Zones Regulations 2023

On 14 November 2023, Zimbabwe promulgated Regulations for Special Economic Zones, S.I. 226 of 2023. The Regulations provide a clear framework for the designation of SEZs and for the issuance of SEZ permits and licenses. Applications [...]

Zimbabwe

Zimbabwe

07 Feb 2020

Investment and Development Agency Act (Chapter 14;37)

The Zimbabwe Investment and Development Agency Act (Chapter 14;37) which was gazetted on 7 February 2020 aims to promote and facilitate investment in the country. The Act establishes a One Stop Investment Services Centre (OSISC). [...]

Zimbabwe

Zimbabwe

07 Dec 2017

Removal of majority indigenisation threshold, except for diamonds and platinum

The Government amended the Indigenisation and Economic Empowerment Act (2008) to remove the majority indigenisation threshold, except for diamonds and platinum. The proposed amendments will confine the 51/49% indigenisation threshold [...]

Zimbabwe

Zimbabwe

12 May 2017

Rebates for special economic zones

The Government has gazetted Statutory Instrument No 59 of 2017, allowing investors operating in Special Economic Zones (SEZs) to be exempt from paying duty on imported capital equipment, materials and products. The regulations provide [...]

Zimbabwe

Zimbabwe

01 Jan 2017

Incentives for investment in Special Economic Zones

In his 2017 national budget statement, presented to the Parliament on 8 December 2016, the Finance Minister stated that Zimbabwe will provide various kinds of tax incentives to investors including, inter alia, (i) exemption from corporate [...]

Zimbabwe

Zimbabwe

01 Nov 2016

Entry into force of Special Economic Zones law

The Special Economic Zones Act [Chapters 14-34], which came into force in November 2016, provides for the establishment of the Zimbabwe Special Economic Zones Authority. Functions of the Authority include establishing SEZs, which [...]

Zimbabwe

Zimbabwe

13 May 2016

Banking Amendment Act 2015 entered into force

The Banking Amendment Act (in force as of 13 May 2016), provides, inter alia, that without the permission of the Registrar, no domestic or foreign natural or legal persons, other than a financial institution, a registered controlling [...]

Zimbabwe

Zimbabwe

12 Feb 2016

Zimbabwe Joint Ventures Act gazetted

The new Joint Ventures Act (JVA) (Chapter 22: 22, No 6/2015) defines a joint venture as a business agreement in which the parties agree to develop, for a finite term, a new entity and new assets by combining equity. It includes the [...]

Zimbabwe

Zimbabwe

04 Feb 2016

Foreigners allowed to own up to 49 per cent of Zimbabwean companies

Following an announcement by the Governor of the Reserve Bank of Zimbabwe, foreign investors will be allowed to own up to 49 per cent of companies listed on the Zimbabwe Stock Exchange. The Bank’s Governor said the limit on foreign [...]

Zimbabwe

Zimbabwe

31 Jul 2012

Minimum capital requirements raised

The 2012 Mid-Term Monetary Policy Review Statement, issued in the Reserve Bank of Zimbabwe Act, provides that commercial and merchant banks whose current minimum capital requirements are US $10 million and US $12.5 million respectively [...]

Zimbabwe

Zimbabwe

15 Apr 2010

Adopt Indigenisation and Economic Empowerment (General) Regulation 2010

Zimbabwe adopted the Indigenisation and Economic Empowerment (General) Regulation 2010 (Statutory Instrument 21 of 2010) in March 2010. Inter alia, it requires companies operating in Zimbabwe to provide specified information to the [...]

Zimbabwe

Zimbabwe

01 Mar 2010

Adopts Indigenisation and Economic Empowerment Regulation

In March 2010 Zimbabwe adopted the Indigenization and Economic Empowerment (General) Regulation 2010 (Statutory Instrument 21 of 2010), which, inter alia, requires companies operating in Zimbabwe to provide specific information (including [...]

Number of policy measures per economy (since 01 Jan 2010) 1 95