# Zimbabwe Government Targets Foreign Businesses in Reserved Sectors

> Zimbabwe government to shut foreign businesses non-compliant with reserved sector regulations.
- Title: Zimbabwe Government Targets Foreign Businesses in Reserved…
- Summary: Zimbabwe government to shut foreign businesses non-compliant with reserved sector regulations. Zimbabwe will revoke operating licenses of foreign-owned…
- Keywords: zimbabwe, reserved sectors, foreign businesses, government regulations, compliance, operating licenses, news, world, politics, Government, Targets, Foreign
- Source: Allafrica — https://allafrica.com/stories/202610210021.html
- Published: 2026-10-21T05:19:57+00:00
- Read time: 1 min
- Topics: zimbabwe, reserved sectors, foreign businesses, government regulations, compliance, operating licenses, news, world, politics
## Zimbabwe Government Action
Zimbabwe government says it will revoke operating licenses of foreign-owned businesses that failed to comply with regulations reserving 17 economic sectors for Zimbabweans.
## Foreign Businesses in Reserved Sectors
Foreign-owned businesses continue operating in sectors like retail and wholesale trade, particularly in Harare CBD.
## Information Minister Statement
Information Minister Soda Zhemu said most foreign-owned businesses have not regularised operations despite government campaigns and non-compliance notices.
## Regulatory Framework
Government gazetted Statutory Instrument 215 of 2025 reserving 13 sectors exclusively for locals including borehole drilling, clearing and customs, tobacco grading, estate agencies and artisanal mining.
## Compliance Statistics
Compliance inspections covered over 3,000 companies across 10 provinces with only a very small percentage meeting required investment thresholds.
## Key takeaway

Zimbabwe will revoke operating licenses of foreign-owned businesses failing to comply with regulations reserving 17 economic sectors for Zimbabweans.