Business and Regulatory Environment

Description

The World Bank Doing Business Report (2013) ranked Zimbabwe 170th out of 189 economies, which is lower than the regional average. Among its 10 categories, Zimbabwe performs relatively better in registering property contracts and getting credit whereas dealing with construction permits, trading across border are not favourable. Especially, dealing with construction permits recorded the worst among regional comparators such as Angola, Botswana, and Lesotho. Recently state has excessively interfered in the setting and manipulating of price mechanisms and in the systematic favour of state enterprises. The large part of the economy is informal or run by monopolies or quasi-monopolies. According to the United States Investment Climate Statement (2013) in Zimbabwe, the government designates manufacturing, mining, and infrastructure development as its priority sectors for foreign investment but it reserves several sectors for local investors, allowing foreign investment only in a form of joint-venture arrangements with local partners. Moreover, the Indigenization Act and the following regulation, which requires at least 51 percent of ownership by "indigenous Zimbabweans" for all enterprises, create uncertainty and damage the investment climate.

The Business Environment: Doing Business

Multilateral Trade Instruments

Abstract


The Trade Treaties Map tool is a web-based system on multilateral trade treaties and instruments designed to assist trade support institutions (TSIs) and policymakers in optimizing their country's legal framework on international trade

Instrument ratified :
Ratification rate :
Weighted score : /100
    Ratification Rate Rank Weighted Score Rank
In World :  
In Region :
In Development level :