ANNOUNCEMENT 02 Dec 2009

In December 2009, the government of Zimbabwe announced .

NUMBER OF INTERVENTIONS

2

  • 0 harmful
  • 2 neutral
  • 0 liberalising

SOURCE



Zimbabwe Ministry of Finance, '2010 National Budget', p 1 - 72. http://www.zimtreasury.org/downloads/491.pdf.

'2010 National Budget.' p73 - 106. http://www.zimtreasury.org/downloads/490.pdf

'2010 National Budget.' p107 - 142. http://www.zimtreasury.org/downloads/489.pdf

'2010 National Budget.' p143 - 167 .http://www.zimtreasury.org/downloads/488.pdf

'2010 National Budget.' p168 - 172. http://www.zimtreasury.org/downloads/487.pdf


Inception date: No inception date

Export tax

 The following measures have been proposed in Zimbabwe's 2010 budget read on 2 December 2009. The measures are:
i) Reduction in corporate tax rate from 30% to 25%.
ii) Increase in mineral royalties on precious metals such as gold and platinum from 3% to 3.5%.
iii) Export tax rate of 15% on exports of unprocessed chrome to foster domestic processing of chrome ore.
iv)Extension by a further six-months the suspension of duties on imported foodstuffs, until mid-2010.
v) Reduction in duty on small imported motor vehicles from 40% to 25% 

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
Inception date: No inception date

Import tariff

 The following measures have been proposed in Zimbabwe's 2010 budget read on 2 December 2009. The measures are:
i) Reduction in corporate tax rate from 30% to 25%.
ii) Increase in mineral royalties on precious metals such as gold and platinum from 3% to 3.5%.
iii) Export tax rate of 15% on exports of unprocessed chrome to foster domestic processing of chrome ore.
iv)Extension by a further six-months the suspension of duties on imported foodstuffs, until mid-2010.
v) Reduction in duty on small imported motor vehicles from 40% to 25%