Published: 14 May 2025

The Zimbabwean government has embarked on a renewed legislative and policy overhaul aimed at strengthening mining laws, enhancing transparency in the tendering process, and ensuring the country derives maximum benefit from its vast mineral wealth.

Deputy Minister of Mines and Mining Development, Caleb Makwiranzou, made the announcement during a capacity-building workshop on mining legislation, mining agreements, and tender procedures held in Victoria Falls on Saturday. The training, funded by the African Legal Support Facility, was initiated by the Ministry of Finance and Economic Development to build the government’s capacity in negotiating and managing contracts in the mining and petroleum sectors.

Makwiranzou said the legal reforms were crucial as several key statutes governing the mining sector had become obsolete and no longer aligned with current realities, including advances in technology and the effects of the land reform programme.

"We are currently amending the Mines and Minerals Act, the Gold Trade Act, and the Precious Stones Trade Act. These laws are outdated and inadequate for addressing emerging challenges. There has been a concerning rise in mining-related disputes, and modern legislation is necessary to curb this trend," he said.

The deputy minister also revealed that the government was reviewing its policy position to ensure the state holds equity in significant mining ventures. This, he said, would allow Zimbabwe to secure a fairer share of profits from its mineral resources.

"The government is moving towards a policy where it must have a share in major mining projects. This is a strategic shift to ensure the nation benefits directly from its natural endowments," said Makwiranzou.

He further emphasized the importance of integrity and transparency in the awarding of mining contracts. "Only investors who demonstrate genuine capacity and bring real value to the table should be awarded contracts. We are working to establish robust systems to ensure accountability and fairness in the tender process," he said.

The workshop brought together legal experts, government officials, and stakeholders in the extractive sector to align on best practices and improve contract management, as Zimbabwe positions itself to attract responsible investment while protecting national interests.
- newsday

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