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.

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 ...

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 ...

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.

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 …

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.

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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 …

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 …

PDF | This study sought to evaluate the impact of the Indigenisation Policy on the socioeconomic emancipation of rural …

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 …

impact. Revisting the critical decade of policy-making after 2000, Zimbabwean scholars ... and contemporary scholarly and other independent research on mining policy and the restructuring of Zimbabwe's minerals' sector. Perspectives on Empowerment and Indigenisation in Zimbabwe 'Black empowerment' and later, 'indigenisation', have ...

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 …

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.

The purpose of this policy brief is to identify the shortcomings of the Minerals Amendment Bill (2015) of Zimbabwe and to make recommendations that will have a positive impact on the lives of mining communities. It is in line with Africa-wide trends to improve transparency and accountability in the mining industry in order to enhance economic ...

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 ...

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 ...

1.Maximising the Developmental Impact of the People's Mineral Assets: State Intervention in the Minerals Sector (SIMS), ANC, Policy Discussion Document, March 2012 2.See the Indigenisation and Economic Empowerment Act (IEEA), Chapter 14:33 Act 14/2007 22 COMMUNITY SHARE OWNERSHIP TRUSTS (CSOT) IN ZIMBABWE'S MINING …

To put it in very basic terms, Zimbabwe's indigenisation law requires all foreign companies with a minimum asset-value of at least $500,000 to give up 51% of their ownership to indigenous ...

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' …

In a report published by Maverick Citizen in February 2021, where the extend of Zimbabwe's corruption was detailed extensively; it alleged that President …

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

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.

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 …

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 …

14 G. Kanyenze, T. Kondo, P. Chitambara and J. Martens (eds), Beyond the Enclave: Towards a Pro-Poor and Inclusive Development Strategy for Zimbabwe (Harare, Weaver Press, 2011). 'Enclave economy' describes a subsector of the formal economy with relatively high productive and capital intensity, and income, but with weak connections to …

The Indigenisation and Economic Empowerment Act sought to include all indigenous Zimbabweans, especially the rural communities into the mainstream economy through …

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 …

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 …

The Zimbabwe's Indigenisation and Economic Empowerment Programme (IEEP) has stirred a lot of controversy since its inception in 2007 with antagonists contending that the programme may be populist ...