Since 2018 Zimbabwe has re-focused its attention on the mining industry's potential, thus re-structuring its policies and regulatory framework. In this article our Mining Law Practice group outlines the Major Mining Tax Highlights for 2024. The new Finance Act, 2023 (No. 13 of 2023),which came into operation on the 1st of January 2024 …
1. Introduction. As Zimbabwe continues to suffer from environmental conservation problems (Mawere, Citation 2013), academics and policy makers turn to the juridical framework with which the country regulates access to and control over natural resources.The pieces of legislation under this framework, however, are devised to …
PROVINCIAL MINING DIRECTOR – MIDLANDS N.O. And. K & G MINING SYNDICATE. IN THE HIGH COURT OF ZIMBABWE. MAKONESE J. BULAWAYO 24 FEBRUARY 2020 & 11MAY 2020. Opposed application. D. Mwonzora for the applicant. T. Zishiri for the 2 nd respondent. MAKONESE J: This is an application for a declaratory …
WATER SECTOR REFORMS IN ZIMBABWE: THE IMPORTANCE OF POLICY AND INSTITUTIONAL COORDINATION ON IMPLEMENTATION H. Makurira University of Zimbabwe, Civil Engineering Department, Harare, Zimbabwe M. Mugumo Zimbabwe National Water Authority, Harare, Zimbabwe ACRONYMS CC Catchment Councils …
Zimbabwe's mining profile differs from many other countries in Africa, such as South Africa, the Democratic Republic of the Congo (DRC), and Ghana, that tend to rely on a much smaller range of minerals and fewer large-scale mines (Weng et al. 2018; Kaseke et al. 2015). As indicated, Chinese mining conglomerates have been venturing …
TO regulate the prospecting and mining for minerals, and the registration of mining titles and other rights connected with prospecting and mining. To repeal the Mines and Minerals Act [Chapter 21:05]; and to provide for matters incidental thereto or connected therewith. ENACTED by the Parliament and the President of Zimbabwe
The Mines and Minerals Act 21:05 of Zimbabwe updated to 2021. ACQUISITION & REGISTRATION OF MINING RIGHTS. ESTABLISHMENT AND FUNCTIONS OF THE MINING AFFAIRS BOARD
The Gold Trade Act of Zimbabwe. GOLD_TRADE_ACT_21_03
Miners in Zimbabwe are obligated to pay royalties to the State from the minerals they would have extracted. by Fungai Chimwamurombe and Nontokhozo Hope Moyo Royalty is a charge that the government levies on the volume of minerals produced at a mine or the income or profit made from the sale of those minerals. These royalties are …
Zimbabwe Mining Development Corporation Act Contents ... All acts, matters or things authorized or required to be done by the Board may be decided by a majority vote at a meeting of the Board at which a quorum is present. (6) At all meetings of the Board each member present shall, subject to the provisions of section ...
The Zimbabwe mining fiscal regime has been under review since 2013. The same also applies to the country's principle mining legislation, the Mines and Minerals Act of 1961, where efforts are also underway to amend and modernise it through the Mines and Minerals Amendment Bill (2015). The old mining fiscal regime that is under review is
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
ENACTED by the Parliament and the President of Zimbabwe. PART I. Preliminary. 1 Short title. This Act may be cited as the Finance Act, 2021. PART II. Income Tax. Amendments to Chapter I of Finance Act [Chapter 23:04] 2 Amendment of section 5 of Cap. 23:04 ... Acts; Finance Act; 2022; Bills;
Mining significantly contributes to the development of local communities across the globe. However, mining activities present various detrimental impacts to the natural environment in developed and developing nations. The scenario is more visible in developing countries particularly in rural areas where most of the mines are located and …
AN ACT to consolidate and amend the law relating to mines and minerals. Part I – Preliminary 1. Short title This Act may be cited as the Mines and Minerals Act [Chapter …
Mining (General) (Amendment) Regulations, 2020 (No. 24) IT is hereby notifiedthat the Minister of Mines and Mining ... Supplement to the Zimbabwean Government Gazette dated the 19th February, 2021. Printed by the Government Printer, Harare. Title: S. I. 44 of 2020 Mining Gen.indd
Edition 74 of the Mining Zimbabwe Magazine is now out. The edition highlights key developments and trends in the Zimbabwean mining sector. This edition covers a wide range of topics including advancements in …
AN ANALYSIS OF ZIMBABWE'S MINES & MINERALS AMENDMENT BILL (2015) EXECUTIVE SUMMARY The Mines and Minerals Bill (MMAB, 2015) in Zimbabwe was …
Mining Special Grant Part XIX Annual Fee 1 275,00/ha/ year Section 303 Prospecting Special Grant Part XX 6,80/ha/year ... Supplement to the Zimbabwean Government Gazette dated the 25th June, 2021. Printed by the Government Printer, Harare. Title: S. I. 185 of 2021 Mining Gen Amend.indd
Gold Trade Act Chapter 21:03. Commenced on 1 September 1940 [This is the version of this document at 31 December 2016 and includes any amendments published up to 31 December 2017.]
Employer Cares. Under Constitution, every employee is entitled to just, equitable and satisfactory conditions of work. In accordance with the Labour Act, the employer cannot compel any employee to work under any conditions or situations which are below those prescribed by law or by the conventional practice of the occupation for the …
The MMAB must adopt the Zimbabwe Mining Revenue Transparency (ZMRTI) to.promote.transparency.and accountability in the mining sector. 1 1 2 1 3 1 4 1 ... MMA supersede all other acts that underpin community development when minerals are discovered. Thus the law is not in harmony with Acts such as the EMA Act(Chapter …
The Mines and Minerals Act (Chapter 21:05) (the Act) is the principal Act regulating the mining industry in Zimbabwe. There are several regulations and other Acts that apply.
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The mining regulatory framework in Zimbabwe is relatively straightforward. Mineral rights are vested in the President, who primarily administers these rights through the structures and institutions under the Ministry of Mines and Mining Development. Any person above 18 years of age permanently resident in Zimbabwe or a company duly …
The Exchange creates an avenue for the mining companies to duly raise and trade capital and stock respectively in United States Dollars or any other convertible currency within the terms allowed by the Exchange. 4. TYPES OF MINING RIGHTS. The following constitute the main types of mining rights available in Zimbabwe. 5. MINING …
To make further provision for the revenues and public funds of Zimbabwe and to provide for matters connected therewith or incidental thereto. ENACTED by the Parliament and the President of Zimbabwe. PART I Preliminary 1 Short title This Act may be cited as the Finance Act, 2023. PART II income Tax Amendments to Chapter I of Finance Act …
166. Issue of mining lease instead of special mining lease. 167. Agreement re issue of special mining lease. 168. Applications of other provisions of this Act relating to mining leases. PART X RIGHTS OF CLAIM HOLDERS AND LANDOWNERS 169. Precious …
AN ACT to provide for the sustainable management natural resources and protection of the environment; the prevention of pollution and environmental degradation; the preparation of a National Environmental Plan and other plans for the management and protection of the environment; the establishment of an Environmental Management Agency and an …