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Synopsis
Timetric's Zimbabwean fiscal regime report outlines governing bodies, laws, licenses, rights, obligations and tax-related information for six commodities: coal, copper, gold, nickel, diamond and platinum.
Summary
Timetric's fiscal regime report covers Zimbabwe, which is rich in mineral resources such as gold, nickel, copper, zinc, lead and minerals used in industrial processes (limestone, phosphate and dolomite). The country has platinum group mineral (PGM) resources.
Scope
The report outlines governing bodies, laws, licenses, rights, obligations and key fiscal terms which includes royalty, corporate income tax, capital gains tax, withholding tax, fiscal incentives, customs and excise incentives, loss carry forward and value added tax (VAT)
Reasons To Buy
Gain an overview of Zimbabwe's mining fiscal regime
Key Highlights
Ministry of Mines and Mining Development was established to facilitate and regulate sustainable mining, value add and the marketing of the country's mineral resources.
The Environmental Management Agency is responsible for the protection of the environment and ensuring the sustainable management of natural resources.
The Mines and Mineral Act chapter 21:05 of 1996 governs the mining sector in Zimbabwe.
The Gold Trade Act deals with the permit and license grants process for gold mining.