Feb. 27, 2020
Cabinet considered and approved the Zimbabwe Investment Guide as presented by the Minister of Finance and Economic Development. The Guide is a facilitative tool to the implementation of the new National Investment Policy in the wake of the promulgation of the Zimbabwe Investment and Development Agency (ZIDA) Act. It outlines, inter-alia, the country’s investment opportunities, the tax system and investment incentives. Government will periodically review the Investment Guide to ensure that investors remain current with regard to Zimbabwe’s investment requirements and incentives.
Oct. 25, 2019
Zimbabwe has improved its Ease of Doing Business rankings by 15 places for 2020, driven by good performances on starting a business, streamlining approvals for construction permits and a reduction of the business licensing fee by Harare Municipality.
April 24, 2019
The gazetted Zimbabwe Investment and Development Agency (ZIDA) Bill will among other things, seek to curb environmental degradation by big investment projects. The Bill is aimed at improving reforms on ease of doing business as well as to attract the much-needed foreign direct investment into the country. Legal think-tank Veritas said the Bill seeks to establish the management and finances of the new ZIDA and its one-stop investment services centre, which will guarantee non-discriminatory treatment to investors, investor obligations, including social responsibility.