Under
Statutory
Instrument
215
of
2025,
foreigners
are
barred
from
operating
in
sectors
such
as
artisanal
mining,
bakeries,
advertising
agencies,
salons,
employment
agencies,
and
the
local
arts
and
crafts
industry.
In
certain
sectors,
including
retail,
wholesale,
trucking,
grain
milling,
and
shipping,
foreign
participation
is
permitted
only
for
large
investors.
For
instance,
in
retail
and
wholesale,
a
foreign
investor
must
commit
at
least
US$20
million
and
employ
200
people.
In
the
haulage
industry,
the
minimum
investment
is
US$10
million
with
100
employees.
In
grain
milling,
a
foreign
investor
must
employ
at
least
50
people
and
invest
US$25
million.
In
shipping
and
forwarding,
the
threshold
is
US$1
million
and
20
employees.
The
transport,
estate
agency,
and
clearing
and
customs
sectors
remain
exclusively
for
Zimbabweans,
except
for
international
brands.
Existing
foreign-run
businesses
in
the
reserved
sectors
have
three
years
to
sell
75%
of
their
shares
to
Zimbabwean
citizens,
divesting
25%
each
year.
Foreign
control
in
other
parts
of
the
economy,
including
large-scale
mining,
banking,
and
other
industries,
will
not
be
affected.
Sectors
exclusively
reserved
for
Zimbabweans
include
barber
shops,
hairdressing
and
beauty
salons,
employment
agencies,
valet
services,
bakeries,
tobacco
grading
and
packaging,
advertising
agencies,
local
arts
and
crafts
marketing
and
distribution,
artisanal
mining,
borehole
drilling,
and
pharmaceutical
retail.
