ZIMBABWE’S mining sector has long been a significant contributor to the country’s economy, with mineral exports accounting for a substantial portion of its Gross Domestic Product (GDP). Mining royalties are a critical component of Zimbabwe’s fiscal landscape, forming a key source of revenue from the country’s vast natural resources.Recent legislative changes by the Minister of…
Zimbabwe’s mining royalty taxation
For Murowa Diamonds, located near Zvishavane, this corporate separation marks the end of an era that began when global mining giant Rio Tinto divested its 78% majority stake in 2015.