For information on how to invest in the parks estate contact the Commercial Services Division Zimbabwe Parks and Wildlife Management AuthorityNational Botanical GardensSandringham Drive Corner Borrowdale RoadAlexandra ParkP. O. Box CY164 CausewayHarareZimbabwe
www.zimparks.orgemail: [email protected] +263 - 4 - 707624-9 +263776 134 164
ForewordZimbabwe is a country endowed with unique natural resources. With a rich culture of hospitality it ranks among the top tourist destinations in Africa.
The country’s commitment to conservation has resulted in remarkable growth in populations of key mammallian species such as the African Elephant Loxodonta africana whose population exceeds 84,000.
The country boasts of three Unesco World Heritage Sites one of which is also a Natural Wonder of the World, that is, the might Victoria Falls.
With over 76 mammal and 650 bird species viewed by over 1 Million international and domestic visitors in its various protected areas, Zimbabwe’s wildlife based tourism product is projected to be a $5 billion industry by the year 2020.
The Zimbabwe government is committed to environmental conservation and recognises the economic benefits of sustainable utilization of this resource. Zimparks is mandated to enter into partnerships, lease agreements and joint ventures in view of generating revenue for the conservation and protection of Zimbabwe’s wildlife resource.It is our hope that this prospectus will provide the investor with the information necessary to consider visiting the country to acquaint oneself with the business opportunities
13% of Zimbabwe’s total land, that is an excess of 5 million hectares comprises various protected areas designated for wildlife and natural habitats.A
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The Zimbabwe Parks and Wildlife Management Authority (ZIMPARKS) was established by an Act of Parliament in 2001.
The Authority is mandated to conserve Zimbabwe’s wildlife heritage through effective, efficient and sustainable protection and utilisation of natural resources for the benefit of present and future generations. It protects the wildlife population of Zimbabwe.
At the helm of the organisation is the Director General who is an ex-officio member of a Board of Directors Appointed by the Ministry of Environment Water and Climate.
The organization has 3 key divisions overseen by two Deputy Director Generals for Conservation and Tourism & Support Services.
The Authorities key value proposition is in real estate. The approximately 2
50,000km estate comprises of the following land classifications: National Parks ,Recreational Parks, Sanctuaries, Safari Areas ,Botanical
Reserves, and Botanic Gardens
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TYPE OF PARK STRATEGIC ROLE
National Parks(11 in number)(2 703 860 ha)
Preserve and protect the natural landscape
and scenery therein, and to preserve and protect wildlife and natural ecological stability of wildlife communities therein for the enjoyment, education and inspiration of the
public.
Recreational Parks16 in number(363 961 ha total area)
Preserve and protect the natural features therein for the enjoyment, benefit and recreation of the public
Sanctuaries(6 in number)(134 720 ha)
Area set aside to afford special protection to all animals or particular species of animal in the sanctuary concerned for the enjoyment and benefit of the public
Safari Areas(16 in number)(1 894 184 ha)
Preserve and protect the natural habitat and the wildlife therein in order that facilities and opportunities may be afforded to the public for camping, hunting, fishing, photography, viewing of animals, bird-watching or such other pursuits that may be permitted therein.
Botanical Reserves (12 in number)(5 916 ha)
Preserve and protected rare or endangered indigenous plants or representative plant communities growing naturally in the wild for the enjoyment, education and benefit of the public.
Botanic Gardens (3 in number) (595 ha)
Propagate and cultivate exotic and indigenous plants for the enjoyment, education and benefit of the public.
“Zimbabwe is a landlocked country located in Southern Africa that shares its borders with South Africa, Botswana, Mozambique and Zambia. The topography of the country is mostly high plateau coupled with mountains in the Eastern highlands..
The country is a choice destination for adventure and wildlife travellers. It has some of the most abundantly populated wildlife reserves that offer a unique safari experience.”
GENERAL
ECONOMIC
OVERVIEW
Zimbabwe is endowed with rich mineral resources such as gold, diamonds, asbestos, chrome, coal, platinum, nickel, petroleum and copper, abundant productive land resources, a diversified industrial base , wildlife and other natural resources. These resource e n d o w m e n t s m a k e m i n i n g , a g r i c u l t u r e , manufacturing and tourism the main pillars of the economy.
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Capital Harare
Population 12,5 Million
Currency Multicurrency, US$ ZAR, BWP Yuan
Area Total 390,757km2
Water Bodies Area 3,910km2
Language(s) Commercial Language English Shona, Ndebele 9 Official
Electricity Source Hydroelectric/ Coal Fired Stations 220v 50Hz
Time Zone GMT +2
Access 3 Major International Airports - Harare, Victoria Falls, Bulawayo. Major Airlines - Emirates, Ethiopian, Air Zimbabwe, Fast Jet, SAA Airlink
Literacy Rate 93%
Religion Multi Religion, Predominantly Christian
Climate Tropical, moderated by altitude. There is a dry season, including short cool season from May to September. Rainy season typically November to March.
QUICK FACTS
Square Lipped Rhinoceros, Ceratotherium simum African Elephant Loxodonta africana
TOURISM
Tourism currently contributes 10% to the national economy and has the potential to grow to 15%. The sector grew by 3.4% with average national hotel room and bed occupancy, 59% and 41% respectively.
Source: ZTA
The successful co-hosting of the UNWTO General Assembly in August 2013 with Zambia at the Victoria Falls underscored the position of Zimbabwe as a destination of choice. Investors should not to miss the opportunity presented by the evident increase in the numbers of travellers since 2013.
THE OPPORTUNITY
Photographic ConcessionsExclusive Tourist ResortsHotelsLodgesTourist Adventure ActivitiesHunting ConcessionsIvory BeneficiationSkins and HidesCrocodile FarmingFish FarmingOrnamental PlantsConservation PartnershipsGame Ranching (Breeding)
Park Province District Size (Hectare)
Chizarira Mat North Binga 191 000
Gonarezhou Masvingo Chiredzi 505 300
Matusadonha Mash West 140 700
Chimanimani Manicaland Chimanimani 17 110
Mana Pools Mash Central Hurungwe 219 600
Kazuma Pan Mat North Hwange 31 300
Hwange Mat North Hwange 1 465 100
Victoria Falls Mat North Victoria Falls 2 340
Zambezi Mat North Victoria Falls 56 010
Nyanga Manicaland Nyanga 47 150
Matopos Mat South Matobo 42 400
Parks and Wildlife Estate Protected Areas Listing
National Parks
Park Province District Size (Hectare)
Pioneer - Tuli Mat South Beitbridge 38
Tolo River Mat South Beitbridge 44
South Camp Mat South Beitbridge 26
Chisekera H/Spr Masvingo Chiredzi 95
Mawari Raphia Mash Central Mt Darwin 34
Tingwa Raphia Mash Central Mt Darwin 290
Haroni Forest Manicaland Chimanimani 20
Rusitu Forest Manicaland Chimanimani 150
Sebakwe Acacia Midlands Kwekwe 60
Sebakwe Mount Midlands Kwekwe 53
Sebakwe G/D Midlands Kwekwe 165
Bunga Forest Manicaland Mutare 495
Vumba Manicaland Mutare 42
Parks and Wildlife Estate Protected Areas Listing
Botanical Reserves
Park Province District Size (Hectare)
Vumba Botanical Manicaland Mutare 200
Ewanrigg Mat East Goromonzi 286
Parks and Wildlife Estate Protected Areas Listing
Botanical Gardens
Sanctuaries
Park Province District Size (Hectare)
Maniinii Pan Masvingo Chiredzi 300
Eland Manicaland Chimanimani 1 800
Mbaze Pan Mat North Nkayi 40
Nyamaneche Mash Central Guruve 2 480
Mushandike Masvingo Masvingo 12 900
Park Province District Size (Hectare)
Lake Kariba 287 200
Chibwatata Mat North Binga 6
Kariva Mat North Binga 50
Ngezi Midlands Kadoma 5 800
Umfuli Mash West Chegutu 12 700
Darwendale Dam Mash West Zvimba 11 200
Lake Cuningham Mat South Insiza 4 172
Chinhoyi Caves Mash West Makonde 120
Manjirenji Masvingo Zaka 3 400
Lake Chivero Mash West Zvimba 6 180
Sebakwe Midlands Kwekwe 2 600
Kyle Masvingo Masvingo 16 900
Mzingwane Mat South Umzingwane 1 233
Bangala Masvingo Zaka 2 700
Parks and Wildlife Estate Protected Areas Listing
Recreational Parks
Investment Overview
The Authority conditions of leasing land comprise of “Concessions” that are fixed portions of land located within protected areas that the tenant has exclusive access rights to.
An investor is permitted to construct infrastructure that conforms to the provisions of the act including staff houses that have minimum impact on the Environment.
The concessions can be leased for over 10 years to allow investors adequate time to obtain a return on their investment
International Status
World Heritage Sites
The Parks and Wildlife Estate has three Unesco World Heritage Sites that are: Mana Pools National Park,
Matopos National Park Victoria Falls
Other Status include RAMSAR important Bird Areas for Mana Pools
Mana Pools National Park
Matopos National Park
WESTERN REGION
Major Towns Victoria Falls, Hwange, Lupane, Bulawayo, Gwanda, Beitbridge, Plumtree
Access Victoria Falls Int Airport, Joshua Mqabuko Airport Hwange Airport & Airstrips in Parks Estate
Major Tarred Highways from Beitbridge to Victoria Falls, Gravel Roads in Parks Estate Railway Line from Beitbridge to Victoria Falls Linking South Africa and Zambia
ADMINISTRATIONThe parks estate is administered under four regions, namely Western, Southern, Central and Northern.
The regions have natural resource endowments and infrastructure developments that compliment the investors needs
WESTERN REGIONVictoria Falls, Zambezi National Park
o oGPS 17 56'34.89”S 25 51'54.65E
PROJECT & SIZE PROJECT DESCRIPTION
Zambezi National ParkGolf Course & Time Share Resort
210km
Exclusive Wilderness theme golf course with luxury eco-friendly accommodation villas within 20km of Victoria Falls
Zambezi National Park
Tsowa Island21km
Luxury Lodge located in an island on the mighty Zambezi River 13km from Victoria Falls
Victoria Falls Helicopter Rides
Joint Venture with Parks Authority to operate helicopter rides - Authority has one helicopter
Zambezi National ParkTourist Activities
Game Drives (Safaris)Permit to conduct game viewing with tourists in a park with the Big 5Boat Cruises in the Zambezi RiverPermit to operate sunset cruises for tourists
Zambezi National Park7 Star Hotel
21km
Construction of an exclusive 7 hoteloffering private Game Drives in Chamabondo and Guided tours of Victoria Falls
Zambezi National ParkKandahar Camping Site
21km
5 Tented Safari Lodge Overlooking the Zambezi River offering Boat Cruises, fishing, and safaris
WESTERN REGION
Name of ParkSizeEntrance Location
PROJECT DESCRIPTION & OPPORTUNITIES
Matobo National Park44 500 ha
o20 24’39.66” So28 30’23.42” E
A UNESCO world Heritage Site of historical cultural and spiritual significance for Zimbabwe.
Criterion Farm Amusement Park near Bulawayo Caravan and Camping Site Development 5 Lodge with granite boulder
architecture Hot Air Balloon Rides for Scenic Viewing Tshabalala Exclusive Safari Lodge in Private
Game Reserve
Hwange National Park214 650 km
o18 41’10.28” So26 56’12.54”E
The largest game reserve in Zimbabwe called home by 107 species of animals and over 400 species of birds
The Park has an Airport 10km away, and is 180km from Victoria Falls
Exclusive 1km2 concessions for Luxury Safari Lodges
Tented temporary safari camps.
Lake Cunningham Commercial Fish Farming
Fishing Campsite and Lodges for Sport Fishing
Tuli Construction of Lodges and Campsites in Pioneer Area of historical significance
Robins Camp Hwange Construction of 4 Star Safari Lodge
NORTHERN REGION
Major Towns Kariba, Chinhoyi, Karoi, Harare, Chegutu, Kadoma
Access Harare International, Kariba, Charles Prince Airport, Bumi Hills Airstrip & Parks Airstips
Major Tarred Highways from Harare to Kariba, Chinhoyi, Chirundu, Zambia, Parks Estate Gravel Roads Railway Line from Harare to Chinhoyi
NORTHERN REGIONLake Kariba, Mana Pools, Safari Areas, Lake Chivero, Ewanrigg
PROJECT PROJECT DESCRIPTION
Mana Pools(Zambezi River Front and Main Park)1km2GPS
O15 58'40.57” S O29 27'18.24”E
Exclusive Tented Photographic Safari Lodge Concession Sites Visitor Activities - Canoeing in Zambezi River
Lake Chivero Recreational Park(30km from Harare)GPS
O17 .54'44.27 S O30 .47'18.67E
Theme Amusement Park 5 Lodge in Game Park Featuring
2Rhinoceros overlooking waterfront. 1km2International Conference Centre 1Km
Zoo and WatersportsHealth Spa
Chinhoyi Caves Recreational Park200haGPS
O17 21'25.19”5 O30 07'49.09” E
Theme Amusement ParkRestaurant for In Transit Tourists to Kariba and Mana PoolsAnimal Park (Mini Zoo)
Ewanrigg Botanical Gardens
Ornamental Plant Exports - CycadsAloe Vera Propagation and Oil Extraction PlantFamily Entertainment and Conference CentreTheme Restaurant - [Chinese, Thai, Traditional]Game Ranching Impala for meat and hides
Darwendale DamGPS
O17 49’17.61” SO30 32’11.13.64”
Fish FarmingExclusive Fishing Lodge in Park Watersports and Visitor Entertainment Resort on
2Norton Bank 1km2Animal enclosures 2km in Game Park
NORTHERN REGIONLake Kariba
PROJECT PROJECT DESCRIPTION
Charara Safari Area
2Musambarakuma 0.6km Fishing ,cruising and picnic sites.
2Antelope Island 0,6 km Lake view ,cruising ,lodges and chalets
2Kuburi 0,1km Lake view ,game view ,boat cruising ,lodges\chlets.
2Nyamasowe 0,2km Rafting along Zambezi River ,game viewing , photographing safari ,game trails ,mountain hiking.
2Mushuma 1km Game viewing ,photographic safari , bird watching, chalets
2Information centre 1km Outdoor braai, leisure activities.
2Gatche Gatche 1km Fishing ,game viewing ,game trails ,photographic safaris.
2Gatche Gatche 2 1km Fishing, game viewing , game trails ,photographic safaris
2Gatche gatche 3 1km Fishing ,game viewing , game trails ,photographic safaris.
2 Chimwa 1kmChipise spring 2km2 Hot spring view ,4x4 , ,sporting ,mountain hiking , campingRedcliff 0,4km2 Restaurant
SOUTHERN REGION
Major Towns Masvingo, Mutare, Nyanga, Chimanimani, Chiredzi
Access Masvingo Airport, Buffalo Range, Parks Airstips
Major Tarred Highways Between all major towns Gravel road within parks estate Railway Line from Masvingo to Chiredzi, Harare to Mutare
SOUTHERN REGIONNyanga, Vumba, Chimanimani, Save Valley, Tokwe Mukosi, Kyle
PROJECT PROJECT DESCRIPTION
Nyanga National Park Trout Fish Farming Charcoal Production from Wattle Tree Plantations. Timber Processing of Pine Trees from Plantation Lease and Renovation of Mare and Udu Dam
Lodges Highlands Sports Training Academy
Kyle Recretional Park
GPSO20 14’20.17”O31 01’20.31”
Popoteke Gorge Safari Lodge and Skywalk 2Bridge 1km
Lakeshore Photographic tourism Sites on Lake Mutirikwi for Exclusive Holiday Resorts
Island Restaurant overlooking Dam Wall Fish Farm Rhino Conservation Joint Ventures Houseboats, Microlites
Vumba Botanical Gardens
Exclusive 5 Hotel and Golf Course in Bunga Forest
Construction of Lodges in Vumba Botanical Gardens
Campsites, Hot Air Balloon, Microlites
Tokwe Mukosi Dam Establishment of a Recreational with Exclusive Water Front tourist Resort including 5 Accommodation Villas
Houseboats. Fish Farming Crocodile Farming
Chimanimani(Eastern Highlands)
Exclusive Adventure Hiking Resort featuring ZiplinesBridal Veil Falls Health Spa Resort and LodgesSpring Water Bottling Project
CENTRAL REGION
Major Towns Kwekwe, Gweru, Ngezi
Access Airstrips in Parks Estate, Bumi Hills, Fothergill
Gravel Road to Matusadonha and Chizarira
CENTRAL REGIONMatudadonha, Chizarira, Lake Kariba Islands, Sebakwe
PROJECT PROJECT DESCRIPTION
Matusadonha National Park
GPSO16 52’31.60”SO28 32’01.59”E
Islands in Lake KaribaConstruction of Luxury Island Holiday Resorts
2 Fothergill Island 3km
2 Starvation Island 1km
2 Namambere Island 9km
Construction of Eco-tourism Bush Camps
Maronga Bush Camp2
Musango 0.5km2
Chura 1km2
Kunjedza 1km2
Mhukadzapera 1km2
Jenje 1km
Chizarira National Park Conservation Joint Management of Park Eco Tourism Safari Lodge
Sebakwe Dam Recreational Park
Construction of Fishing LodgeFish Farming
Ngezi Recreational Park(located near platinum mine)GPS
O18 42’38.97”SO30 23’53.62” E
Construction of Fishing Expedition LodgeRestocking WildlifeFamily Entertainment Facility
2Fish Farming 10km
OTHER SPECIAL INVESTMENTS
PROJECT PROJECT DESCRIPTION
Game Breeding Breeding of special high value species for resale and export such as Sable Hippotragus niger
SitesMushandike (SR) Nyamaneche (NR) Tshabalala (WR) Eland Sanctuary (SR)
Ostrich Farming Commercial rearing of Ostriches for the skin and meat. the leather is used for fashionable clothing
Ivory Value Addition Manufacturing Artefacts from Ivory
Skins and Hides TaxidermyTrophy ManufacturingManufacture of leather Fashionable products from hides Rug Mounts
Game Ranching Rearing of fast breeding game species for meat and tanning of hides for leather such as Impala
Team Building Exericise Construction in Recreational Parks and Botanical Reserves of team building obstacle courses for corprate, school and special group trainings.
Destination Management Company
Investment in tourism logistics through provision of transport and activities - Joint Venture
DOING BUSINESS IN ZIMBABWE
General Tax Regime
Company Registration
Employment Permits
Residents Permits
Consular Services
Other Business Factors
Foreign investors and visitors may bring unlimited amount of foreign currency into the country, and corporate entities and individuals may open FCAs with local banks. The country uses a basket of currencies that include the Bond note, US dollar, Rand, Pula, Yuan, only to mention a few. Investors are also allowed at disinvestment to repatriate 100% of initial capital investment. All tourism businesses are regulated by the Zimbabwe Tourism Authority
General Tax Regime in Zimbabwe
The tax regime in Zimbabwe is liberal and progressive hence provides a good environment for long term investment. Attractive tax incentives are offered to investors undertaking investments in different sectors of the economy. The general tax incentive/measures offered to investors undertaking investment at/ in different sectors are as follows.
General Tax Regime
-100% remittance after tax profits 15% corporate applied for the first 5years of operation in a road and sanitation or Water facility construction
Duty exemption on imported capital goods
Taxable income from manufacturing orprocessing company that exports 50% or more of its output is taxed at a reduced rate 20%.
BOT /BOOT/PPP projects and taxed At variable rates of tax, depending on years and increases every five years to 30%until after 16 years
Duty free importation of raw materials for the manufacture of goods for export: provision exists for drawback of certain duties applicable to imported goods, raw materials and Components used in manufacturing, processing or for export under the inward processing rebate scheme.
Five years tax holiday for companies that invest in an approved Tourism developed zone
Government guarantees the repatriation of 100% the original capital investment and after tax dividends
Rebate of duty for equipment and Machinery imported a project granted National Project status.
Company Registration
All investors are required to register their companies with the Registrar of Companies in Zimbabwe, while foreign investors also apply for an investment Certificate issued by the Zimbabwe investment Authority (ZIA). Application forms for the Zimbabwe Investment certificate are available on: www.zia.co.zw.
Employment Permits
Any foreigner wishing to take up employment in Zimbabwe must first be in possession of a valid work permit. Immigration regulations allow local companies to employ foreigners under temporary work permits. The department of immigration issues such as permits upon application and proof that the requisite skill cannot be sourced locally.
Residents PermitsAn investor who acquires Zimbabwe Investment Authority approval qualifies for a residence permit in Zimbabwe. Investors who:· Invest not less than US$1 million in a project approved by the ZIA, will qualify for permanent residence on application , and· Invest US$100 000 in a joint venture, approved by the ZIA, with a bona fide Zimbabwean will qualify for 3-year residence permit at the end of which permanent residence may be granted.