Region: Zimbabwe

A US appeals court has confirmed the enforcement of US$440 million of ICSID awards against Zimbabwe, after agreeing with the lower court that the state had waived its sovereign immunity in the land dispute. 

15 November 2024

The Court of Appeal of England and Wales has affirmed that states cannot rely on sovereign immunity to oppose the registration of ICSID awards rendered against them – dismissing appeals lodged by Spain and Zimbabwe.

22 October 2024

A Malaysian court has recognised a US$200 million ICSID award against Zimbabwe, in what counsel are calling a first of its kind decision.

16 February 2024

A US court has refused to dismiss a South African mining group’s bid to collect on a US$50 million ICC award against a Zimbabwean state-owned mining company, finding that it can be considered an alter ego of Zimbabwe.

15 February 2024

In a “novel” ruling that goes against international case law, the Commercial Court in London has declined to set aside an order for the registration of a decade-old ICSID award against Zimbabwe, finding that sovereign immunity has no relevance at that stage of proceedings.

24 January 2024

A US court has rejected Zimbabwe’s bid to dismiss actions to enforce a pair of ICSID awards worth US$440 million that held the state liable for “racially discriminatory” land expropriations.

11 August 2023

A Zimbabwean forestry company is preparing to settle a dispute with its former owners over the division of US$124 million in proceeds from two overlapping ICSID awards against Zimbabwe – which has given rise to litigation between the creditors in the UK and competing enforcement actions in the US.

21 January 2022

Two Mauritian subsidiaries of South African mining group Amari have brought a US action against Zimbabwe to collect on a US$50 million ICC award issued eight years ago over nickel and platinum projects that were terminated on the basis of corruption allegations.

11 January 2022

An ICC tribunal has ruled that Zimbabwe’s state-owned electricity company was entitled to pay a hydropower producer in its local currency, a case that could reportedly affect other renewable energy projects.

25 October 2021

Two sets of ICSID creditors have applied to a US court to enforce overlapping ICSID awards against Zimbabwe over land expropriations as they sue each other in London.

27 September 2021