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.

Mining Laws and Regulations covering issues in Zimbabwe of Relevant Authorities and Legislation, Recent Political Developments, Transfer and Encumbrance. ... The government amended the Indigenisation and Economic Empowerment Act [Chapter 14:33] with effect from 31 December 2020 to remove the restrictions that prohibited more than 49% ownership ...

The extent to which the mining industry's social and environmental performance aligns with the public interest is not only growing in importance, but matters to our future …

This study focuses on the effects of the Indigenisation and Economic Empowerment Act in the mining sector of Zimbabwe. The study is more concerned with the economic effects and the …

Zimbabwe's postindependence economic indigenisation policies internationalised Mugabe's villain construction as a lawless African despot with no respect for property rights. ... higher mining-specific taxes, compulsory local ownership, export control on unrefined ores and, more recently, mandatory local beneficiation requirements"[Will ...

The Indigenisation and Black Empowerment legislation has generated several challenges for the Zimbabwean economy. The contentious law has been dismissed by many as a statutory instrument designed to suit the interests of politicians contrary to ... In mining, government involvement also contributed to the closure of several mines and suspension ...

"The mining sector in Zimbabwe has experienced a good run in these two preceding years and growth for the sector has leapt from 5,9 percent in 2021 to an estimated 10 percent in 2022. "Capacity utilisation for the mining sector in 2022, according to the Chamber of Mines Zimbabwe, remained relatively flat compared to the preceding year ...

The amendment was seen by many as a way of reintroducing the country's controversial indigenisation laws on the mining sector. READ | Zimbabwe to fund white farmers' compensation with mine revenue. However, following an outcry, the section will now be deleted, meaning foreign entities can now fully own mines in Zimbabwe, including diamond and …

In contrast, local mining communities for whom indigenisation promised a stronger decision-making role were largely marginalised from participation in local mining. Five years after the 2018 scrapping of its enabling laws, indigenisation is seen as having fulfilled a performative political function benefiting the ruling ZANU(PF) at a time of ...

This study sought to evaluate the impact of the Indigenisation Policy on the socioeconomic emancipation of rural communities in Zimbabwe. A case study approach was taken focusing on the Marange ...

17 United States Global Investment Center, Zimbabwe Mining Laws and Regulations Handbook Volume 1: Strategic Information and Basic Mining Law, (2012) International Business Publications: Washington at 243. 18 Staff Reporter, "Change indigenisation law, IMF tells Zim" New Zimbabwe 11 March 2015. See also G Munyuki, "Repeal …

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.

2023, Extractive industries indigenisation, displacement and vulnerabilities: The case of Arda Transau, Zimbabwe. 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.

Nigeria's indigenisation exercise may actually have reduced it. SOURCES AND OBJECTIVES OF INDIGENISATION Although Nigeria's most far-reaching and controversial indi­ genisation decrees were promulgated during the 19705, there is a long history of indigenisation pressures in the coun­ try. Proposals for increasing Nigerianisation of the economy

The government recently announced that it had taken over the Vumbachikwe gold mine, one of the country's oldest gold mines, for failing to comply with the indigenisation laws. In the face of threats of a seizure of its mine and withdrawal of its operating licence, Zimplats announced a scheme for intended compliance with the laws on 13 March ...

The Budget Review must be commended for aligning the Mines and Minerals Act and Income Tax Act on the definition of mining and quarry concerning dimensional stones like …

Unki Mine (Private) Limited v ZIMRA (15 of 2022) [2022] ZWSC 15 (3 February 2022) Copy ... The indigenisation implementation plan was revised initially on 7 June 2012 and finally approved on 10 August 2012. In terms of the final approved indigenisation implementation plan, Amhold committed to donate US$ 10 million as seed capital to the Trust ...

First, their unique experiences with extractive industry indigenisation and MIDR measures reveal a people put at the intersection of precarity by mining-related policy interventions (i.e. extractive industry indigenisation and MIDR) at a time (i.e. during the indigenisation regime) when every mining community was supposed to be empowered.

This paper looks at the historical processes that influence the indigenisation and economic empowerment programme (IEEP) adopted by the Government of Zimbabwe (GoZ) and identifies the potential ...

Mining's dominance: Not a good sign ... Dropping indigenisation totally "is a clear violation of the Constitution which compels the State to put in place mechanisms to ensure communities ...

The policy for instance, enhanced the ability of ordinary Zimbabweans to access their resources. This is evident in the agriculture sector and mostly in the mining sector. 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 intends to amend the indigenisation policy to bring into effect the following: in the extractive sector of mining, the 51percent shall apply only to diamond and platinum mining.

Indigenisation and Economic Empowerment Act Chapter 14:33. Commenced on 17 April 2008 [This is the version of this document as it was at 14 March 2018 to 30 December 2020.] [Note: This version of the Act was revised and consolidated by the Law Development Commission of Zimbabwe] ... the Zimbabwe Mining Development Corporation established in ...

Chamber of Mines of Zimbabwe (COMZ) president, Batirai Manhando has urged the government to scrap off indigenisation requirements on diamond and platinum sectors, as failure to do so will chase ...

emergent literature on mining-induced displacement studies, offering insight into how the victims can be robbed twice, i.e. through unfulfilled indigenisation and displacement promises, and …

First, understanding the rationale as to 'why' indigenisation has been a major focus of India's defence procurement and modernisation efforts. Second, to understand 'how' India has sought to indigenise its defence …

Administer and review mining laws; Attract investment in the mining industry; Promote Beneficiation and Value Addition of mineral resources; Explore, develop and beneficiate coal bed methane; Promote and develop small-scale mining; …

policy certainty (as evidenced by the sudden imposition of new royalties and fees, and opaque indigenisation targets). The next most pressing problem is the acute national shortage of capital and high interest rates. These basic problems affect virtually all sectors of the economy. For the mining sector in particular, the analysis in this

minerals, mining firms that satisfied indigenisation regulations were exempted from such policies. of alluvial diamond mines should be locally owned, while other minerals must be 51% owned by indigenous Zimbabweans (Government of Zimbabwe, Act 14:2007). The National Indigenisation and Economic Empowerment Board (NIEEB) has an important ...

Although Parliament passed amendments to the Mines and Minerals Act, allowing the government "to take over a 25 percent stake in foreign-owned mining companies for free in part fulfillment of the 51 percent indigenisation quota," the revised law lapsed on February 16 because Mugabe failed to sign it.