Products

mining sector expropriation zimbabwe

UPDATE 2-No Zimbabwean mine expropriation -Mugabe Reuters

28/05/2010  Zimbabwe's government will not expropriate mines and was refining a controversial local ownership law to enable miners to expand their operations, President Robert Mugabe said on Friday.

More

Miners fight Govt as Zimbabwean expropriations begin ...

22/06/2016  INDIGENISATION Analysts say the Zimbabwean government’s actions question the underlying rights of the sanctity of property in the mining sector, as well as general investment security. Their concern is that a fresh round of expropriations in the

More

Mining Law 2021 Laws and Regulations Zimbabwe ICLG

09/10/2020  The National Employment Council for the Mining Industry, which deals with employment and related matters in the mining industry. The Minerals Marketing Corporation of Zimbabwe (MMCZ), which is responsible for the marketing of minerals in Zimbabwe. 1.3 Describe any other sources of law affecting the mining industry.

More

Ministry of Mines and Mining Development

Welcome to the Ministry of Mines and Mining Development. The Ministry of Mines and Mining Development has its key deliverable as the generation of revenue for the Nation of Zimbabwe through mining. In the whole mining value chain the Ministry does

More

MINING SECTOR POLICY STUDY - ZEPARU

Zimbabwe has a rich and diverse minerals resource base that could be (and should be) an important contributor to sustainable growth and development. The sector has rebounded dramatically from the hyperinflation economic crisis (2006-8) and with “dollarisation” (2009) the value of mineral production has increased six-fold to about $3 billion in 2011. However, if this increased mining ...

More

Nationalization of the Zimbabwe Mining Sector: Another ...

21/03/2011  Zimbabwean Minister Saviour Kasukuwere recently announced a government plan to partially nationalize the country’s mining sector. The announcement came

More

NEWS - Zimbabwe Mining News in real time to the Zim Mining ...

Zimbabwe Miners Federation (ZMF) President Ms. Henrietta Rushwaya yesterday announced that the ZMF has appealed for temporary reprieve from the Mines and Mining Development Minister Hon Winston Chitando in a bid to address the recently gazetted prices in accordance with statutory instrument SI

More

Zimbabwe, Part II: Foreign Investors Faced With Zimbabwe ...

24/03/2016  The nationalization appears primarily to have taken the form of the Zimbabwean government’s immediate cancellation of the mining concessions held by at least nine companies, four of which are known...

More

Mining Report – Zimbabwe Investment Conference 2021

ZIMBABWE MINING INVESTMENT CONFERENCE 2021 Zimbabwe is OPEN FOR BUSINESS,meet key stakeholders, government officials, corporates and investors.Investment opportunities in Gold, platinum, coal, chrome,nickel, copper, lithium, tin, tantalinte, iron ore,coal bed methane, natural gas, and more.. 2021 Meikles Hotel, - Harare,Zimbabwe

More

Mugabe threatens expropriation of foreign mining assets in ...

24/04/2013  It could jeopardize the recent strong recovery in Zimbabwe's gold sector, which increased its revenue by 19 per cent last year. Caledonia and several other mining companies had spent months...

More

All That Glitters is Not Gold: Turmoil in Zimbabwe’s ...

24/11/2020  Violence in the Zimbabwe mining sector is an ill of the country’s patronage economy, which needs reform above and beyond the scope of this report. Nonetheless, the Mnangagwa government, mining companies, civil society and international actors can take steps to address the situation even absent root-and-branch changes. A. The Government: Jump

More

Nationalization of the Zimbabwe Mining Sector: Another ...

21/03/2011  Worse still, given the mining industry’s prominence in Zimbabwe’s economy, disruptions to the sector could plunge the already fragile country into an economic depression. Although Kasukuwere ...

More

A new land expropriation compensation case against ...

20/09/2017  Likewise, in the case of Bernardus Henricus Funnekotter, a group of Dutch farmers sued the government of Zimbabwe for breach of Article 6 of the Netherlands-Zimbabwe BIT (1996) before the ICSID Tribunal. The ICSID ruled in favour of the farmers and ordered the Zimbabwean government to pay just compensation for the land seized. Nevertheless, the

More

Zimbabwe steadfast on platinum sector local ownership law ...

Illegal gold mining is rampant throughout Zimbabwe and forms a separate economy where payments and transactions are made in gold or gold ore. That circumvents the country’s crippling currency shortage issue and also means the miners pay nothing to the state in taxes.

More

Mining Law 2021 Laws and Regulations Zimbabwe ICLG

09/10/2020  The National Employment Council for the Mining Industry, which deals with employment and related matters in the mining industry. The Minerals Marketing Corporation of Zimbabwe (MMCZ), which is responsible for the marketing of minerals in Zimbabwe. 1.3 Describe any other sources of law affecting the mining industry.

More

Is State ownership of Zimbabwe's diamond mines misguided ...

Successful state participation in the mining sector is rare. Among the few exceptions are Debswana in Botswana and Namdeb in Namibia. Both are joint ventures between the governments and the diamond...

More

History of pre-colonial mining in Zimbabwe Celebrating ...

01/06/2017  The mining and value addition projects ensured that Zimbabwe was a developed economy that had the potential to become a critical player in global political economic affairs, a thrust being vigorously pursued by President Robert Mugabe today.

More

How Can Zambia Benefit More from Mining? - World Bank

A recent review of Zambia´s mining sector shows the country remains an appealing place for investment, and integrating the mineral sector into national development planning is a crucial driver for sustainable development in Zambia. Toggle navigation. Who We Are. Leadership, organization, and history. With 189 member countries, staff from more than 170 countries, and

More

(PDF) Indigenisation and Economic ... - Academia.edu

The Indigenous and Economic Empowerment Policy of Zimbabwe has sparked an interesting debate as the government on one side is of the opinion that the IEE policy had positive results on the mining sector leading to the economic growth of the country.

More

Mugabe threatens expropriation of foreign mining assets in ...

24/04/2013  It could jeopardize the recent strong recovery in Zimbabwe's gold sector, which increased its revenue by 19 per cent last year. Caledonia and several other mining companies had spent months...

More

MINING SECTOR POLICY STUDY - ZEPARU

Zimbabwe has a rich and diverse minerals resource base that could be (and should be) an important contributor to sustainable growth and development. The sector has rebounded dramatically from the hyperinflation economic crisis (2006-8) and with “dollarisation” (2009) the value of mineral production has increased six-fold to about $3 billion in 2011. However, if this increased mining ...

More

Mining Industry: Indigenisation Through the Back Door ...

28/01/2021  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 entities” in the Act]

More

Zimbabwe: 'Opaque' Great Dyke Deal Triggers Fiery ...

Government's move to grant tax exemptions to the Russian-controlled platinum mining house, Great Dyke, was this week roundly condemned by experts who described it as "opaque".

More

Zimbabwean expropriations begin - Bulawayo24 News

23/06/2016  Analysts say Chidhakwa's abrasive approach could do more harm to an already struggling mining sector. For its part, ZimAlloys wants the government to compensate for the ground released. Until 2005 ...

More

CHAPTER 1: From Stagnation to Economic Recovery

Expropriation of farm land and resettlement in communal and commercial agriculture exacerbated the decline in food output. 1.1.3 A Weak Investment Performance Zimbabwe’s poor growth performance also refl ects a low rate of investment. Gross domestic investment averaged about 18 percent of GDP during1980-89 and 19 percent during 1990-1999, respectively. It fell

More

Exploration key to mining growth The Herald

Zimbabwe’s mining sector has the potential to make significant contribution to the country’s growth over the medium to long-term. Zimbabwe is a

More

Mining Sector Zimbabwe stirs and investors poised Mining ...

30/06/2010  Mining Sector Zimbabwe stirs and investors poised. Mining Company, Mining Exploration June 30, 2010 Leave a comment. Most mining activity in Zimbabwe ground to a halt during a crisis that saw inflation soar to the highest levels in the world amid political upheaval. Zimbabwe’s revived economy is sparking a clutch of re-openings and expansions at

More

(PDF) Indigenisation and Economic ... - Academia.edu

The Indigenous and Economic Empowerment Policy of Zimbabwe has sparked an interesting debate as the government on one side is of the opinion that the IEE policy had positive results on the mining sector leading to the economic growth of the country.

More

The Biggest Industries In Zimbabwe - WorldAtlas

16/08/2018  Mining Sector The mining business of Zimbabwe is under the control of the relevant government institutions such as the Ministry of Mines and Mining Development. As is the case with several nations in southern Africa, the nation is endowed with soils that contain materials and minerals such as platinum, iron ore, gold, diamonds, and coal.

More

Zimbabwe Mining sector Liberisation - Mining Zimbabwe

29/07/2019  Mining Zimbabwe – our core focus is the Zimbabwe Mining Industry, Zimbabwe Mining News, trends, new technologies being developed and used to improve this crucial sector, as well as new opportunities and

More

CHAPTER 1: From Stagnation to Economic Recovery

Expropriation of farm land and resettlement in communal and commercial agriculture exacerbated the decline in food output. 1.1.3 A Weak Investment Performance Zimbabwe’s poor growth performance also refl ects a low rate of investment. Gross domestic investment averaged about 18 percent of GDP during1980-89 and 19 percent during 1990-1999, respectively. It fell

More

Why Zimbabwe's diamond mines need better regulation, not ...

16/03/2016  Zimbabwe experiments with state ownership of diamond mines in an effort to resuscitate waning commodity revenues for state finances. 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 complex matter. But turning the sector

More

Zimbabwe mine seizure fears

09/06/2016  Source: Zimbabwe mine seizure fears The Financial Gazette June 9, 2016 GOVERNMENT this week moved to confiscate half of the mining claims held by one of the country’s largest chrome miners, Zimbabwe Alloys Limited (ZimAlloys), triggering fears of a wave of expropriations targeted at the mining sector.

More

About this series

cy in the mining sector, strengthen property rights, reduce fears of expropriation, and con - trol widespread corruption. The most likely possibility for longer term change is the regen- eration of civil society and a renewed engage-ment with political powers in a positive social contract, which plays a role both in tackling economic problems and bringing positive and peaceful political

More

Changing winds for investment in Zimbabwe

06/12/2015  The sector most in need of a skills and capital injection is the power sector, the panel members agreed. “The lack of power in Zimbabwe and related challenges will accelerate economic reforms,” said Ndebele. “The investment needed in power projects cannot be funded by internal savings. There are no domestic savings and local capital ...

More

CORPORATE SOCIAL RESPONSIBILITY IN ThE mININg SECTOR

Zimbabwe’s mining sector is profitable and growing. If we as a country want the mining industry to contribute to the fiscus and to CSR, then lets create an environment which will ensure that the mines grow and gain economies of scale which lead to better cash flows. We have all experienced how ill-conceived policies can be detrimental to the economy . and the lives of

More

Zimbabwe - United States Department of State

Expropriation and Compensation Zimbabwe's constitution prohibits the acquisition of private property without compensation. Nonetheless, the Government has sanctioned land invasions by "war veterans" and other "settlers" since 2001 and the Parliament approved in April 2000 Constitutional Amendment No. 16, which authorized the compulsory acquisition of privately

More

Zimbabwe's President Robert Mugabe says mining companies ...

04/03/2016  Last month, the mining minister halted operations for companies operating in Marange, an area in eastern Zimbabwe which at one point was thought to hold a quarter of the world’s diamond reserves.

More

List of nationalizations by country - Wikipedia

1972 Chilean nationalization of copper mining industry by the Socialist government of Salvador Allende. Colombia 1998 Granahorrar Bank nationalization; Croatia. On the break-up of Yugoslavia, The HDZ government nationalized private agricultural property and rezoned it under the guise of forest statesmanship, when their publicly professed agenda was to only complete

More