Foreign-owned businesses given month-end deadline to submit regularisation plans

Judith Phiri, Zimpapers Writer

THE Ministry of Industry and Commerce has given foreign-owned businesses operating in sectors reserved for Zimbabweans until January 31, 2026, to submit their Regularisation Plans at any of the Ministry’s provincial offices.

This follows the gazetting of Statutory Instrument (SI) 215 of 2025 on December 11, 2025, which sets out clear thresholds and compliance requirements for exemptions permitting foreign participation in reserved sectors.

Although the reserved sectors law has long been in existence, it previously lacked a clear framework defining exemption thresholds. These have now been explicitly outlined through SI 215 of 2025.

In a statement released on Sunday, the Ministry reminded all foreign-owned businesses operating in the reserved sectors to comply with the new regulations by month-end.

“The Ministry of Industry and Commerce wishes to remind all stakeholders regarding Statutory Instrument 215 of 2025 on the Reserved Sector Regulations. All foreigners operating in the reserved sectors must submit Regularisation Plans by January 31, 2026, at any Ministry of Industry and Commerce offices in Harare, Bulawayo, Masvingo, Mutare, Chinhoyi, Gweru, Bindura, Marondera, Gwanda and Lupane,” read part of the statement.

The Ministry further advised that submission of Regularisation Plans must be accompanied by valid proof of payment of the Standards Development Fund (SDF) Levy, which is a mandatory requirement.

It said the SDF Levy can now be paid at the Ministry of Industry and Commerce offices at Mukwati Building, a move aimed at enhancing the ease of doing business.

“Regularisation Plans must be addressed to the Permanent Secretary, Ministry of Industry and Commerce. For more information, stakeholders may contact their nearest Ministry office or visit the Ministry website to access Statutory Instrument 215 of 2025,” said the Ministry.

 

 

 

 

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