To buttress the economic gains made to date, and enhance our attractiveness as a preferred investment destination as well as the ease of doing business in our country; the following legislation will be attended to;
It is pleasing to note the immense progress made in the Mining Sector towards the realization of a US$12 billion mining sector by 2023. Concerted and collaborative efforts must be urgently pursued to conclude the amendments to the Mines and Minerals Act. This will in turn usher in the necessary processes for the amendment of the Precious Stones, and Gold Trade Acts.
Meanwhile, the Minamata Convention which will end the use of mercury in mining activities will be tabled for ratification.
New and less harmful alternative technologies should be speedily adopted to ensure sustainable mining in our country.
To support the achievement of the US$5 billion tourism sector, by 2030; the Zimbabwe Tourism Act and the Parks and Wildlife Act will be tabled for consideration. The amendments will encourage tourism investment and embed community based wildlife management.
The unmitigated spike in cases of vandalism of power infrastructure is bleeding the economy and disrupting productivity and key services to our economic sectors. The Electricity Act will be amended to increase the mandatory sentences for the perpetrators while the Copper Control Act (Chapter 14:06) will also be amended to curb illegal possession and trade of copper products.
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