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Indigenisation and Economic Empowerment (General) Regulations, 2010.

Country/Territory
Zimbabwe
Document type
Regulation
Date
2010 (2011)
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Environment gen., Food & nutrition, Water, Wild species & ecosystems
Keyword
Agricultural development Business/industry/corporations Community management Policy/planning Waterworks Biodiversity
Geographical area
Africa, Eastern Africa, Landlocked Developing Nations
Abstract

These Regulations, made under section 21 of the Indigenisation and Empowerment Act, concerns, among other things, approval and amendment of provisional indigenisation implementation plans and prescription of thresholds and timeframes and establishment of sectoral and selected subsectoral committees for purposes of indigenisation. Indigenisation concerns protection of the Zimbabwean economy against excessive foreign investment. The Regulations also concern management share ownership schemes, employee share ownership schemes or trusts, Community share ownership schemes or trusts, and other arrangements for indigenisation. Schemes for community share ownership concern the exploitation of natural resources, which includes the air, soil, waters and minerals of Zimbabwe;(b) the mammal, bird, fish and other animal life of Zimbabwe; (c) the trees, grasses and other vegetation of Zimbabwe; (d) the springs, vleis, sponges, reed-beds, marshes, swamps and public streams of Zimbabwe; (e) any landscape, scenery or site having aesthetic appeal or scenic value or of historic or archaeological interest. Sectors reserved against foreign investment in favour of indigenous Zimbabweans includes primary production of food and cash crops. Community schemes shall have regard to various infrastructural requirements including the development and maintenance of water works and water sanitation works.

Full text
English

References - Legislation

Implements

Indigenisation and Economic Empowerment Act (Act 14/2007)

Legislation | Zimbabwe | 2007

Keyword: Agricultural development, Institution, Special fund, Capacity building, Governance, Business/industry/corporations, Gender

Source: FAO, FAOLEX

Amended by

Indigenisation and Economic Empowerment (General) (Amendment) Regulations, 2013 (No. 5) (S.I. 66 of 2013).

Legislation | Zimbabwe | 2013

Keyword: Agricultural development, Business/industry/corporations, Food security

Source: FAO, FAOLEX