PPP Legal Framework Snapshot - Zimbabwe
This document introduces the PPP legal and institutional framework of Zimbabwe.
This document introduces the PPP legal and institutional framework of Zimbabwe.
Zimbabwe Procurement Regulations (Chapter 22 14) 2002
Zimbabwe is preparing to host a voluntary carbon markets forum as it targets creating a pan-African registry linked to the country's Victoria Falls Stock Exchange (VFEX).
The government now wants all carbon projects to be registered with authorities within the next two months.
It will take 50% of all revenue from carbon projects, with foreign investors limited to 30% and the balance of 20% going to local communities
Zimbabwe appears to have backed down from its threat to render "null and void" all existing carbon offset deals in the country.
The Zimbabwe government has declared all current carbon offset deals in the country "null and void" and will take a 50% revenue cut of all future contracts.
The focus of the AICD country reports is on benchmarking sector performance and quantifying the main financing and efficiency gaps at the country level. These reports are particularly relevant to national policy makers and development partners working on specific countries.
This article examines the current debate about PPPs and global experiences. Zimbabwe’s experience with the PPPs was also discussed. The study used documentary search for data gathering. The major finding is that there is low uptake of PPPs in Zimbabwe. There are no legal and clearly defined institutional frameworks. The literature reviewed has thrown some lessons for Zimbabwe.
In 2020, Zimbabwe enacted the Investment Development Agency Act (Chapter 14:37) (ZIDA Act).
The ZIDA Act repealed the Joint Ventures Act (Chapter 22:22).
There is no dedicated PPP Unit. PPPs are implemented by the Ministry of Finance and relevant line departments.