IT is hereby notified, in terms of section 46 of the Zimbabwe Investment and Development Act [Chapter 14:38], that on the 17th of October, 2021, the Republic of Zimbabwe entered into a public-private partnership agreement with Daedalus World Limited of Tortola, British Virgin Islands, in terms of which Daedalus World Limited will assist the Republic of Zimbabwe by providing a revenue collection service through taxing qualifying companies that provide digital advertising, content, cloud computing, e-commerce, gambling, betting, gaming and cryptocurrency services to persons and organisations within the territory of the Republic of Zimbabwe. The said Agreement was duly approved by Cabinet on the 23rd of November, 2021, in terms of section 35 as read with the Fourth Schedule Part II under paragraph 7(1) of the Zimbabwe Investment and Development Act [Chapter 14:38] and is therefore valid and binding in accordance with its terms.
