Published: 3 hours ago

The Zimbabwean Government has approved an exclusive reservation framework across multiple sectors of the economy, aiming to empower local entrepreneurs and increase domestic participation in key industries.

Announcing the policy during Tuesday's Post-Cabinet media briefing, Information, Publicity and Broadcasting Services Minister Dr Jenfan Muswere said the framework targets sectors with low entry capital while balancing the country's broader goal of attracting foreign investment.

Under the framework, Zimbabweans will have exclusive rights to operate in industries such as artisanal mining, bakeries, advertising, transportation, beauty services, and other strategic sectors.

"Cabinet considered the report on the implementation of the reserved sector framework, in line with the decision made at its 15th sitting on June 3, 2025, and noted with satisfaction the increase in investments in line with His Excellency the President's mantra, ‘Zimbabwe is Open for Business'," Dr Muswere said.

He explained that the policy would adopt a structured approach to ensure citizens benefit from investing in strategic areas. "Henceforth there will be exclusive reservation for local citizens in the following sectors: artisanal mining; barbershops, hairdressing and beauty salons; employment agencies; bakeries; advertising agencies; borehole drilling; clearing and customs; valet services; provision of local arts and crafts, marketing and distribution; tobacco grading and packaging; pharmaceutical retailing; estate agencies; transportation including passenger buses, taxis and car hire services; haulage trucks and logistics services; grain milling; brick moulding; quarry mining and granite mining," he said.

Dr Muswere added that the Government will establish "reserved sector thresholds" for industries not fully designated for locals, allowing for transitional frameworks for businesses already operating. The thresholds will function as quotas to ensure citizen participation without excluding foreign investors entirely.

Industry and Commerce Minister Mangaliso Ndlovu clarified that the framework reinforces existing policy rather than introducing a new one. "Reserved sectors are ordinarily those with low entry barriers, which provide support services to bigger industries," he said.

The Government emphasized its commitment to empowering locals while maintaining an attractive environment for foreign direct investment. "Foreign investors will continue to find comfort in investing in the country. There will be no negative effects on foreign direct investments," Minister Ndlovu said.

The move forms part of broader economic reforms aimed at inclusive growth, ensuring Zimbabweans have a stronger stake in the nation's strategic sectors while preserving investor confidence.
- The Herald

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