Zimbabwe Mines and Minerals Bill Nears Final Passage as Government Resolves Constitutional Concerns
Zimbabwe's government has resolved constitutional concerns regarding the Mines and Minerals Bill, moving it closer to enactment. The legislation aims to modernize the regulatory framework for the country's vital mining sector.
Why it matters
Regulatory certainty is crucial for attracting foreign investment into Zimbabwe's resource-rich mining industry.
HARARE — Zimbabwe’s long-awaited Mines and Minerals Bill is on course to be gazetted into law before the end of the year after the government resolved constitutional concerns raised during parliamentary scrutiny of the proposed legislation.
Mines and Mining Development Minister Polite Kambamura said the outstanding issues identified by Parliament’s legal committee had been addressed, clearing the way for the Bill to progress towards enactment.
Speaking during a recent tour of Mutapa Gold Resources’ Freda Rebecca Mine in Bindura, Kambamura said government had worked through the concerns raised by Parliament and was now preparing to complete the legislative process.
The development could bring an end to a lengthy process to overhaul Zimbabwe’s mining legislation and introduce a more modern regulatory framework for one of the country’s most important sources of foreign currency, investment and export revenue.
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