New government is pro-business, promoting foreign investment and has implemented investor friendly reforms

Mines Minister is a former resources industry executive that understands the needs of the resources sector (ex. Anglo, Hwange Colliery and Mimosa Platinum)

Amended Indigenization and Empowerment Act

• 100 % foreign ownership of assets
• Guarantee of investor rights
• 100 % remittance of earnings

New Production Sharing Agreement nearing finalisation

• New PSA provides transparent legal and fiscal framework Special Economic Zones legislation enshrines:
• Legal and fiscal stability
• 5-year tax holiday
• 15% corporate tax rate thereafter Meeting held on 1 November 2018, Zimbabwe President, His Excellency CDE E.D. Mnangagwa, Minister of Mines Hon. Winston Chitando, Cabinet executives together with Invictus and One-Gas
• Zero Capital Gains Tax
• Customs duty exemption on raw materials and capital equipment
• Offshore banking and transacting outside local financial system safeguards against local currency effects