New statutory measures on the protection of domestic and international investments in Zimbabwe

The Zimbabwe Investment Development Agency Act [Chapter 14:37] (hereinafter Z.I.D.A Act) became law on 7 February 2020. It heralds a new legal regime whose intention is to restore investor confidence in Zimbabwe. The Z.I.D.A Act repealed the Zimbabwe Investment Authority Act [Chapter 14:30] (Z.I.A), Special Economic Zones Act [Chapter 14:34] and Joint Ventures Act [Chapter […]

Global tax guide to doing business in Zimbabwe

Zimbabwe generally levies income tax on companies and individuals under the Income Tax Act [Chapter 23:06] in respect of income earned from sources within or deemed to be within Zimbabwe. A Capital Gains tax is also levied on gains made on sales or disposals of specified assets from a source within Zimbabwe. The Income Tax […]