Dates:
22 May 2018
Location and Venue:
The Faircity Quatermain Hotel, Johannesburg

Zimbabwe is open for business! 
Capitalize on this new opportunity in the Mining Industry.

Zimbabwe Mining & Taxation Law (Johannesburg)


Getting to Grips with the Legal and Fiscal Landscape in the Mining Industry in Zimbabwe!

Zimbabwe is open for business! With its vast mineral wealth potential, the mining sector is set to play a key role in the country’s projected growth forecasts. The Zimbabwe government has stated that it is committed to supporting investors.

The Zimbabwe Mines and Minerals Bill is expected to be put into law before the end of May. The government last month amended the Act to restrict compulsory indigenisation to the diamond and platinum sectors exclusively. 

But does the legislation lend itself towards an investor friendly landscape? Does your organisation understand the mining legal landscape and mining tax policy, in order to capitalize on this opportunity? All mining stakeholders need to understand the legislation and comply with it. 

Zimbabwe is gearing up to become one of the top mining investment destinations in the world. Attend the 1 day Market Briefing and receive insight into the Mines and Minerals Act; Policy & Regulation and Mineral Tax Regime in Zimbabwe.

 

AGENDA: Zimbabwe Mining & Taxation Law

08h30 – 08h50

Registration and Morning Refreshments

08h50

Opening and Welcome Remarks

09h00 – 09h30

Session 1: Overview of the Mining Industry in Zimbabwe

  • The Zimbabwe market
  • Where are we now and what has changed over the past 6 months?
  • Government Investor Support, Initiatives and Investor Sentiment
  • Challenges of Mining in Zimbabwe
  • Anticipated legislative and fiscal changes over the next 12 months
  • Outlook for the Industry over the foreseeable future

09h30-11h45

Session 2:Strategic Insight into the Zimbabwe Mines and Minerals Act and its Regulations

  • Establishment and Functions of Mining Affairs Board
  • Register of Approved Prospectors
  • Acquisition & Registration of Mining Rights
  • Prospecting and Pegging on Ground Reserved Against Prospecting and Pegging
  • Exclusive Prospecting Reservations
  • Pegging of Underground Extensions
  • Mining Leases / Special Mining Leases
  • Rights of Claim Holders and Landowners
  • Preservation of Mining Rights / Transfer of Rights
  • Working of Alluvial, Eluvial and Certain Other Deposits
  • Control of Siting of Works on Mining Locations


              Tea & Coffee Break (20 minutes)

  • Royalty
  • Payments of Local Authorities
  • Abandonment and Forfeiture
  • Registration of Transfers, Hypothecations, Options, Tribute Agreements and Conditions Governing Mining Rights on Reserved Ground
  • Approval of Tribute Agreements
  • Special Grants
  • Mining on Town Lands
  • Acquisition of Land by Holders of Mining Leases or by State
  • Expropriation of Mining Locations Not Being Worked or Developed
  • Termination of Entitlement to Share in Royalties
  • Administration of Act
  • Offences and Penalties

11h45-12h30

Session 3: Understanding the Mines and Minerals Amendment Bill
 

12h30-13h30

Lunch Break

13h30 – 14h15

Session 4: Overview of National Indigenisation and Economic Empowerment

14h15 - 15h15

Session 5: Unbundling the Zimbabwe Mining Taxation Regime

  • Mineral Royalties
  • Corporate Income Tax
  • Additional Profit Tax
  • Withholding Tax
  • Deductible Expenditure
  • Pay As You Earn (PAYE)
  • Presumptive Tax

15h15

Closing / End


DESIGNED FOR THE FOLLOWING INDUSTRIES:

  • Mining – Operators, Exploration, Production
  • Project Developers
  • Financiers and Commercial Banks
  • Accounting, Auditing, and Tax Firms
  • Deal Brokers
  • Law Firms
  • All Mining Industry Suppliers
  • EPC Companies
  • Logistics and Transport Companies

Pricing and Discounts:

1 Day Market Briefing: R6900 per delegate
Register 3 or more delegates: R5900 each

 


Featured Downloads:


SA Miners see wriggle room after Zimbabwe regime changes. Read more here. 
 
Chamber of Mines of Zimbabwe. Visit the website here. 

Moti doubles Zim investments as economy seen opening up. Read more here. 
 
 
Zimbabwe signs $4,2 billion platinum deal to revive mining sector. Read more here. 
 
 
Zimbabwe focuses on policy certainty to revive mining investment. Read more here. 

Zimbabwe calls former ministers to account. Read more here.  

Post-Mugabe Zimbabwe mining rush leaves big producers behind. Read more here.

Booking Form:

Person responsible for booking:

Name: * Surname: *
Email: * Contact No. *
     

Company Details:

Company Name: *    
VAT No: Telephone No.: *
Number of Delegates Company Fax:

Delegate 1:

Title: Job Title *
Name: * Mobile No.:
Surname: * Email: *

Delegate 2:

Title: Job Title
Name: * Mobile No.:
Surname: * Email: *

Billing Details:

Address1: * Address2:
Suburb/City: *    
Postal Code Zip:    
Country: *    

Payment Details:

Payment Type    
Currency  
Price Package    
Promo Code
(If applicable)
 
Please make sure to verify your promocode
Total Amount:
I accept the Terms and Conditions


Steve Matoushaya, Tax Director, KPMG Zimbabwe

Steve is a seasoned professional in tax administration and tax advisory services in both the public and private sectors in Zimbabwe. His experience includes seventeen years in the Zimbabwe Government Revenue Office, five years as a university lecturer in taxation and sixteen years in tax advisory services in the private sector. He has performed tax advisory services for a broad range of clientele in manufacturing, tourism, banking & financial services, agricultural, petrochemical and mining sectors. His recent experience includes involvement in advisory work, including leading tax due diligence exercises related to significant group reconstructions and acquisitions. His credentials include tax advisory services for mining houses such as Caledonia Group, Zimplats, Anglo American Group, Mwana Africa and Rio Tinto Group. His current position is that of Tax Director in KPMG Zimbabwe. He was a member of the Government of Zimbabwe Tax Reform Committee between 2012 and 2013. The committee was tasked with modernising the Zimbabwe tax legislation and incorporating modern best practices. The committees drafted a new Zimbabwe Income Tax Act which is awaiting promulgation by Government of Zimbabwe.

Vengai Madzima, Partner, Titan Law

Vengai is a partner at Titan Law, which has been recently recognized as one of the top 10 law firms in Zimbabwe. He heads the Banking, Mining and Investment Law department.

He has over 10 years experience in mining law, which include among other accomplishments, formulating together with the Ministry of Education, National Diploma modules for Mining and Property law.

He is also a director in one of Zimbabwe's largest Ferrochrome producing companies

Itayi Ndudzo, Managing partner, Clairwood Chambers

Itayi Ndudzo is the Managing Partner with Clairwood Chambers and an associate of The Chartered Institute of Arbitrators, CIArb. Mr Ndudzo is an exceptional litigator who specializes in Land Law, Immigration Law, Corporate Law, Administrative Law, Mining law, Labour Law and Constitutional Law. He has handled high profile matters in the High Court & Supreme Court of Zimbabwe. Furthermore, he has distinguished himself in the profession producing groundbreaking results and judgments that today define law in the country. He has been involved in international arbitration and litigation at the ICSID, the Southern District Court of New York, the High Court of Zambia and Antwerp in Belgium. He is also admitted to practice in Mauritius as a foreign lawyer.

Itayi has been endorsed by the Global Law Experts (GLE) as Zimbabwe's exclusive expert in international immigration law. GLE is a premiere and exclusive international accreditation system that only selects one lawyer and one law firm per practice area in each country under a strict confidential policy that does not accept solicitations.

Jacob Mutevedzi, Partner, Clairwood Chambers

Jacob is a Partner with the firm. He is also an associate of The Chartered Institute of Arbitrators, CIArb. Jacob qualified into the International Law practice and Commercial Law Department at Clairwood Chambers, his case load being an even split between the two practice areas. Within the firm’s International Law practice, Jacob is involved in public international law matters, litigation and dispute resolution. His portfolio also includes mining disputes. Jacob is currently involved in matters proceeding before the General Court of the European Community and ICC International Court of Arbitration.

In his Commercial Law portfolio, Jacob deals with most aspects of company and commercial law including corporate start-ups, reorganizations and the drafting of all commercial agreements. Previous work includes drafting and advising on share purchase agreements, business purchase agreements, share subscription agreements, due diligence reports, facility agreements, compromise agreements, settlement agreements and distribution agreements. Jacob is also admitted to practice in Mauritius as a foreign lawyer.

Media Partners

African Mining Brief, is the foremost industry journal in Africa focusing on latest news, incorporating quarrying, oil exploration and drilling and other large scale extractive operations aimed at the discovery, extraction, storage, transport, sale and utilisation of Africa’s mineral wealth and resources.

African Mining Brief boasts of a targeted, well-researched and insightful editorial content that offers readers and advertisers a unique interactive forum to exchange information; identify, pursue, and close business deals; in addition to gaining favorable insight into the entirety of the mining industry and public sector.



Mining Weekly is South Africa’s premier sources of weekly news on mining developments in Africa’s most important industry.  Mining Weekly provides in-depth coverage of mining projects and the personalities reshaping the mining industry.  The publication is an essential source of information for those involved in the mining industry.  Mining Weekly is available at m.miningweekly.com and an app is available in the iTunes and Google Play stores for users of the iPhone and Android devices respectively.



Mining Review Africa is the leading African distributed monthly mining magazine in the industry. Our publication is seen and read by an audience of over 30,000 influential mining authorities and key decision makers across the globe. We go above and beyond for our clients, ensuring maximum exposure at major global mining conferences with a key focus on mining projects in Africa as well as the key industry professionals involved.


Sponsors & Exhibitors