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Zimbabwe
Harare multiplies tax breaks on mining sector to fulfil campaign objectives

With the general election in sight, the Zimbawean government has been offering generous tax exemptions to mining entrepreneurs from which fledging company Kygar Resources is the latest to benefit. [...]

Published on 23.11.2021 at 05:00 GMT Reading time 2 minutes

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Mining

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Canadile
Core Mining
Dumela Mining
Dylan Robert van der Merwe
Emmerson Mnangagwa
Kudakwashe Tagwirei
Kygar Resources
Marange Resources
Mbada Diamonds
Robert Mugabe
ZANU-PF
Zimbabwe Consolidated Diamond Co
Zimbabwe Mining Development Corp

Zimbabwe
Government winding up ZMDC with bankruptcy the target

The government wants to transfer the last valuable assets of the state-owned mining company to the Mutapa sovereign wealth fund. The plan then is to declare the company bankrupt...

Subscribers only Mining 20.12.2023

Zimbabwe
Fearing seizures, Mnangagwa transfers state mining assets to a new entity

ZMDC, the state-owned company that owns the majority of the government's mining portfolio, needs to find more than $400m to compensate aggrieved former business partners.

Subscribers only Mining 11.05.2022

Zimbabwe
IMF urges Harare to raise taxes on mining

The IMF has told Zimbabwe that major tax cuts granted to the country's mining sector must be reversed in order to replenish state coffers.

Subscribers only Mining 13.04.2022

Zimbabwe
Harare calls on Armenian IU Networks to update tax management system

Zimbabwe has called upon Armenian IU Networks, specialised in IT solutions for former Soviet block countries, to design and implement a new system for its revenue authority.

Subscribers only Business 21.02.2022

Zimbabwe
Harare backtracks over $70m arbitration payout despite Bravura's support

South African mining firm Amari Resources has renewed its fight against the Zimbabwean government, from which it hopes to recover more than $70m in compensation following the withdrawal of its licences. But Harare seems determined not to pay.

Subscribers only Mining 11.02.2022

Zimbabwe
Tagwirei ally's Fossil Group hits the jackpot with public contracts

Owned by an ally of Zimbabwean tycoon Kuda Tagwirei, a target of US sanctions, the Fossil Group has won more than 15 public works contracts since June, more than many of its rivals.

Subscribers only Business 01.12.2021

Zimbabwe
UN mission on sanctions rejoices Harare

The 10-day visit of the UN special rapporteur on the negative impact of sanctions has delighted the Zimbabwean presidency which sees it as a positive sign in its fight against Western sanctions.

Subscribers only Diplomacy 25.10.2021

Alena Douhan, UN Human Rights Council Special Rapporteur, with President Emmerson Mnangagwa.

SADC, Zimbabwe
Mnangagwa touts tobacco industry progress in bid to get Western sanctions lifted

Emmerson Mnangagwa knows that in order to get Western sanctions lifted he needs to give his country's strategic tobacco sector a facelift. To this end he sent his top lieutenants to sweet talk international NGOs at a special SADC meeting.

Subscribers only Diplomacy 08.10.2021

Zimbabwean president Emmerson Mnangagwa.

Zimbabwe
Clash over gold mine owned by ousted market leader Metallon

Mining company Caprcend Investments, which is owned by Zimbabwean member of parliament Campion Mugweni, has suffered a serious setback in its battle with a subsidiary of the Metallon mining group at the Mazowe gold mine.

Subscribers only Mining 31.08.2021

Zimbabwe
Mnangagwa's tax gift to mining magnate Tagwirei

The magnate Kuda Tagwirei, who is an advisor to President Emmerson Mnangagwa, has been granted a substantial tax exemption on one of his mining companies. He is already suspected of being the éminence grise behind Harare's new parastatal, Kuvimba Mining House.

Subscribers only Mining 04.02.2021

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Canadile
Core Mining
Dumela Mining
Dylan Robert van der Merwe
Emmerson Mnangagwa
Kudakwashe Tagwirei
Kygar Resources
Marange Resources
Mbada Diamonds
Robert Mugabe
ZANU-PF
Zimbabwe Consolidated Diamond Co
Zimbabwe Mining Development Corp

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Harare multiplies tax breaks on mining sector to fulfil campaign objectives

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Government winding up ZMDC with bankruptcy the target

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Harare calls on Armenian IU Networks to update tax management system

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Mnangagwa's tax gift to mining magnate Tagwirei

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Indigo Publications' websites

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Zimbabwe Harare multiplies tax breaks on mining sector to fulfil campaign objectives

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Zimbabwe Government winding up ZMDC with bankruptcy the target

Zimbabwe Fearing seizures, Mnangagwa transfers state mining assets to a new entity

Zimbabwe IMF urges Harare to raise taxes on mining

Zimbabwe Harare calls on Armenian IU Networks to update tax management system

Zimbabwe Harare backtracks over $70m arbitration payout despite Bravura's support

Zimbabwe Tagwirei ally's Fossil Group hits the jackpot with public contracts

Zimbabwe UN mission on sanctions rejoices Harare

SADC, Zimbabwe Mnangagwa touts tobacco industry progress in bid to get Western sanctions lifted

Zimbabwe Clash over gold mine owned by ousted market leader Metallon

Zimbabwe Mnangagwa's tax gift to mining magnate Tagwirei

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Zimbabwe
Harare multiplies tax breaks on mining sector to fulfil campaign objectives

Zimbabwe
Government winding up ZMDC with bankruptcy the target

Zimbabwe
Fearing seizures, Mnangagwa transfers state mining assets to a new entity

Zimbabwe
IMF urges Harare to raise taxes on mining

Zimbabwe
Harare calls on Armenian IU Networks to update tax management system

Zimbabwe
Harare backtracks over $70m arbitration payout despite Bravura's support

Zimbabwe
Tagwirei ally's Fossil Group hits the jackpot with public contracts

Zimbabwe
UN mission on sanctions rejoices Harare

SADC, Zimbabwe
Mnangagwa touts tobacco industry progress in bid to get Western sanctions lifted

Zimbabwe
Clash over gold mine owned by ousted market leader Metallon

Zimbabwe
Mnangagwa's tax gift to mining magnate Tagwirei