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Zimbabwe Manpower Development Fund

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uuid005nbjz

Namestring
Zimbabwe Manpower Development Fund
Legal namestring
Zimbabwe Manpower Development Fund
Websiteurl
zimdef.org.zw
Company typeenum
Private
Founded yearint
1984
Descriptiontext

ZIMDEF is a Zimbabwean statutory government agency established in 1984 under Section 23 of the Manpower Planning and Development Act (Chapter 28:02), operating under the Ministry of Higher and Tertiary Education, Science and Technology Development. It is the sole statutory body mandated to mobilize and disburse resources for human capital development in Zimbabwe. Its primary funding mechanism is the collection of a 1% Training Levy calculated from the gross wage bill of all registered employers operating in Zimbabwe, supplemented by interest from short-term investments and rental income from leased properties. The fund is wholly government-owned with no private shareholders or external investors.

The organization's core services include financing apprenticeship training (reimbursing apprentice wages for the first two years), funding equipment procurement for tertiary institutions, undertaking infrastructure development projects such as innovation hubs, research hospitals, and agro-industrial parks, paying rebates to compliant employers participating in human capital development programs, and disbursing monthly attachment allowances to tertiary students. In November 2023, ZIMDEF launched the ZEEPAY digital payment platform in partnership with ZIMSWITCH, enabling employers to remit monthly levies digitally across all Zimbabwean banks with transactions completing in under a minute. The customer base consists of registered Zimbabwean employers (statutory levy payers) on the revenue side and state universities and tertiary institutions receiving infrastructure funding on the disbursement side.

ZIMDEF operates through eight core departments (Revenue, Finance and Administration, Procurement Management Unit, Human Capital Development, ICT, Audit, Facilities and Projects, and Legal and Corporate Affairs) and maintains four offices across Zimbabwe, with headquarters in Harare and additional offices in Bulawayo, Gweru, and Mutare. The organization employs 88 staff and is led by CEO Sebastian Marume.

Short descriptiontext

ZIMDEF is a Zimbabwean statutory government agency that collects a 1% training levy from all registered employers and disburses funds for human capital development, including apprenticeship training, tertiary institution infrastructure, employer rebates, and student attachment allowances.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersHarare, Zimbabwe
HQ citystring
Harare
HQ countrystring
Zimbabwe
HQ regionstring
Africa
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
statutory training levy, human capital development, workforce development fund, apprenticeship training financing, skills development funding
Industry1 code
1Government & Public Sector Disbursements (Tax Refunds, Benefits)
CodeFSAMAKAJPrimaryYes
NAICS code2 codes
  • Financial Transactions Processing, Reserve, and Clearinghouse Activities52232
  • Insurance and Employee Benefit Funds5251
SIC code2 codes
  • Federal & Federally-Sponsored Credit Agencies6111
  • Finance Services6199
Product category
Workforce Development Fund
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
11% Training Levy Collection
TypeTransaction Fee
Description

ZIMDEF collects 1% Training Levy calculated from the gross wage bill of all registered employers operating in Zimbabwe, collected in terms of section 53 of the Manpower Planning and Development Act through Statutory Instruments.

zimdef.org.zw
2Investment Income
TypeSubscription Recurring
Description

Interest from short-term investments of fund reserves.

zimdef.org.zw
3Property Rentals
TypeLicensing Royalties
Description

Rentals collected from leased properties owned by ZIMDEF.

zimdef.org.zw
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D, Supply Chain
Pricing details1 tier
1Statutory Training Levy
ModelTransaction based/ take rateBilling cadenceMonthly
Notes

1% of monthly gross wage bill - statutory requirement for all registered employers in Zimbabwe under Manpower Planning and Development Act Chapter 28:02

zimdef.org.zw
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

ZIMDEF collects a statutory 1% training levy from the gross wage bill of all registered employers operating in Zimbabwe, then mobilises and disburses those resources for human capital development. The fund finances apprentice training (including wages for the first and second years and college course expenses), equips tertiary institutions with training equipment, funds infrastructure development projects at universities (innovation hubs, research hospitals, agro-industrial parks), pays student attachment allowances, and provides rebates to compliant employers. The ZEEPAY digital payment platform, launched November 2023 in partnership with ZIMSWITCH, enables employers to remit the monthly levy digitally with all Zimbabwean banks integrated.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Funded UZ research hospital with $200 million for COVID-19 pandemic research
+1 more record
Product overview1 text field

ZIMDEF operates as a government agency under the Ministry of Higher and Tertiary Education, responsible for mobilising and disbursing resources for human capital development in Zimbabwe. The organisation functions as a unified fund management entity offering multiple interconnected services: financial support for apprentices and students, rebates to compliant employers, procurement of training equipment for tertiary institutions, and infrastructure development projects including innovation hubs, research hospitals, and agro-industrial parks. Additionally, ZIMDEF launched the ZEEPAY digital payment platform in November 2023 to facilitate employer levy remittances. The organisation manages these offerings through eight core departments: Revenue, Finance and Administration, Procurement Management Unit, Human Capital Development, ICT, Audit, Facilities and Projects, and Legal and Corporate Affairs.

Product and service10 records
1Apprentices Training Financing
CategoryApprenticeship Training Funding
Description

ZIMDEF finances the training of apprentices in Zimbabwe, reimbursing apprentice wages up to the minimum prescribed for apprenticeship for the first and second years, along with college course expenses and related incidental costs. Available to employers participating in apprenticeship programmes.

2Rebates Programme
CategoryEmployer Rebates
Description

ZIMDEF pays rebates to employers who participate in human capital development programmes such as indenturing apprentices, releasing skilled workers for upgrade training, providing trade testing facilities, and training in non-designated trades.

3Equipping Tertiary Institutions
CategoryTraining Equipment Procurement
Description

ZIMDEF funds the procurement of training equipment including computers, computer accessories, engineering materials, workshop machinery, laboratory equipment, and training consumables for institutions of higher learning.

4Infrastructure Development at Tertiary Institutions
CategoryUniversity Infrastructure Development
Description

ZIMDEF undertakes infrastructure development projects at selected institutions of higher learning, including universities and polytechnics, funding construction of innovation hubs and other facilities.

5Students' Attachment Allowances
CategoryStudent Financial Support
Description

Students from institutions of higher learning receive a monthly allowance from ZIMDEF to help cushion them during their industrial attachment periods.

6ZEEPAY Online Payment Platform
CategoryDigital Levy Remittance Platform
Description

Online payment platform developed in partnership with ZIMSWITCH, enabling employers to remit the monthly 1% manpower training levy digitally with faster payments and instant receipting. Transactions can be completed in under a minute and capture BP numbers. Accessible at https://zeepay.zimswitch.co.zw/zpas/.

7Innovation Hubs Construction
CategoryUniversity Infrastructure Development
Description

ZIMDEF funds the construction of innovation hubs at state universities including University of Zimbabwe, Midlands State University, National University of Science and Technology, Chinhoyi University of Technology, Harare Institute of Technology, and Great Zimbabwe University.

8Research and Teaching Hospitals Funding
CategoryMedical Research Infrastructure Funding
Description

ZIMDEF funds the construction of specialised research and teaching hospitals at State universities including Midlands State University and University of Zimbabwe, promoting research on pandemics such as COVID-19. Funded UZ with $200 million for research hospital.

9Agro-Industrial Parks Establishment
CategoryAgricultural Infrastructure Development
Description

ZIMDEF funds the establishment of agro-industrial parks at Gwanda State University, Lupane State University, and Marondera University of Agricultural Sciences and Technology.

10Pathology and Diagnostic Research Centre
CategoryMedical Research Infrastructure Funding
Description

ZIMDEF established the Midlands State University National Pathology and Diagnostic Research Centre to enable local pathological testing rather than sending samples to South Africa.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2023-11-16
Description

ZIMDEF partnered with ZIMSWITCH to launch the ZEEPAY online payment platform for employers remitting the monthly 1% manpower training levy. The platform was officially launched by the Minister of Higher and Tertiary Education, Innovation, Science and Technology Development on 16 November 2023. ZEEPAY enables faster payments and instant receipting, with transactions completed in under a minute and capturing BP numbers. All banks in Zimbabwe are integrated on the platform.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1National Training Authority (NTA) - Uganda
TypeRegional player
Description

Ugandan statutory authority coordinating workplace-based learning, industrial training, and apprenticeships. A relevant regional comparator for ZIMDEF's apprenticeship financing and student attachment allowance programmes.

TypeRegional player
Description

Zambian statutory agency administering the 1% industrial training levy and funding apprentice training and trade testing. Closest geographic and structural peer to ZIMDEF, both in levy design and in focus on apprenticeship and trade testing facilities.

TypeBroad incumbent
Description

Malaysia's statutory agency funded by a 1% employer training levy (HRDF) that funds workforce upskilling programmes. Operates a more mature, employer-driven rebate model at greater scale, making it a useful benchmark for ZIMDEF's rebate programme design and platform strategy.

TypeDirect peer
Description

Kenyan statutory body that collects a training levy from employers and funds industrial attachment, apprenticeship, and skills development. Operates the same employer-levy, government-disbursement model as ZIMDEF, providing a regional benchmark for scale and compliance rates.

TypeDirect peer
Description

South Africa's 21 SETAs collect a 1% skills development levy from employers and disburse it for training, apprenticeships, and workplace skills planning. Functionally the closest peer cluster to ZIMDEF's levy-funded human-capital mandate, with stronger sectoral specialisation.

TypeDirect peer
Description

Nigerian statutory agency funded by a 1% payroll levy on employers, mandated to finance industrial training and manpower development. Closest structural analogue to ZIMDEF, with the same levy-based funding model and workforce-development remit, but operating in a much larger economy.

7National Skills Fund (NSF) - South Africa
TypeDirect peer
Description

South African statutory fund financed by a 20% share of the 1% skills development levy, disbursing grants for skills development projects. Comparable to ZIMDEF in being a national fund rather than a sectoral SETA, with a similar project-funding role.

TypeBroad incumbent
Description

National statutory initiative that funds lifelong learning, workforce upskilling, and enterprise training via a levy-credit system. Provides a high-end benchmark for digital platform operations, employer credit management, and training-market design relevant to ZIMDEF's evolution.

TypeDirect peer
Description

Tanzanian statutory body overseeing vocational and industrial training, funded in part through a training levy on employers. A regional African peer with a similar mandate around apprenticeship financing and TVET infrastructure investment.

TypeOthers
Description

Zimbabwe's national payment switch and ZIMDEF's technology partner for the ZEEPAY platform. Listed as a peer because of its enabling role in ZIMDEF's levy collection infrastructure rather than direct competition.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Zimbabwe Manpower Development Fund

Workforce Development Fundzimdef.org.zw

ZIMDEF is a Zimbabwean statutory government agency that collects a 1% training levy from all registered employers and disburses funds for human capital development, including apprenticeship training, tertiary institution infrastructure, employer rebates, and student attachment allowances.

What Zimbabwe Manpower Development Fund does

ZIMDEF is a Zimbabwean statutory government agency established in 1984 under Section 23 of the Manpower Planning and Development Act (Chapter 28:02), operating under the Ministry of Higher and Tertiary Education, Science and Technology Development. It is the sole statutory body mandated to mobilize and disburse resources for human capital development in Zimbabwe. Its primary funding mechanism is the collection of a 1% Training Levy calculated from the gross wage bill of all registered employers operating in Zimbabwe, supplemented by interest from short-term investments and rental income from leased properties. The fund is wholly government-owned with no private shareholders or external investors.

The organization's core services include financing apprenticeship training (reimbursing apprentice wages for the first two years), funding equipment procurement for tertiary institutions, undertaking infrastructure development projects such as innovation hubs, research hospitals, and agro-industrial parks, paying rebates to compliant employers participating in human capital development programs, and disbursing monthly attachment allowances to tertiary students. In November 2023, ZIMDEF launched the ZEEPAY digital payment platform in partnership with ZIMSWITCH, enabling employers to remit monthly levies digitally across all Zimbabwean banks with transactions completing in under a minute. The customer base consists of registered Zimbabwean employers (statutory levy payers) on the revenue side and state universities and tertiary institutions receiving infrastructure funding on the disbursement side.

ZIMDEF operates through eight core departments (Revenue, Finance and Administration, Procurement Management Unit, Human Capital Development, ICT, Audit, Facilities and Projects, and Legal and Corporate Affairs) and maintains four offices across Zimbabwe, with headquarters in Harare and additional offices in Bulawayo, Gweru, and Mutare. The organization employs 88 staff and is led by CEO Sebastian Marume.

Zimbabwe Manpower Development Fund firmographics

Firmographics
Name
Zimbabwe Manpower Development Fund
Legal name
Zimbabwe Manpower Development Fund
Website
https://zimdef.org.zw
Company type
Private
Founded year
1984
Operating status
Operating
Headcount range
51–100 employees
Short description
ZIMDEF is a Zimbabwean statutory government agency that collects a 1% training levy from all registered employers and disburses funds for human capital development, including apprenticeship training, tertiary institution infrastructure, employer rebates, and student attachment allowances.
Ownership category
akta.pro rank

Zimbabwe Manpower Development Fund industry classification

Industry
Product category
Workforce Development Fund
NAICS
Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Insurance and Employee Benefit Funds (5251)
SIC
Federal & Federally-Sponsored Credit Agencies (6111), Finance Services (6199)
akta.pro primary industry
Government & Public Sector Disbursements (Tax Refunds, Benefits) (FSAMAKAJ)

Keywords

  • Statutory training levy
  • Human capital development
  • Workforce development fund
  • Apprenticeship training financing
  • Skills development funding

Where Zimbabwe Manpower Development Fund is headquartered

Location

Headquarters

HQ city
Harare
HQ country
Zimbabwe
HQ region
Africa

Offices4 records

Markets served

Zimbabwe Manpower Development Fund business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

  1. 1% Training Levy Collection: ZIMDEF collects 1% Training Levy calculated from the gross wage bill of all registered employers operating in Zimbabwe, collected in terms of section 53 of the Manpower Planning and Development Act through Statutory Instruments.
  2. Investment Income: Interest from short-term investments of fund reserves.
  3. Property Rentals: Rentals collected from leased properties owned by ZIMDEF.

Pricing tiers

ModelBillingPrice
Transaction based/ take rateMonthlyStatutory Training Levy

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Zimbabwe Manpower Development Fund product offering

Product offering

Core offering

ZIMDEF collects a statutory 1% training levy from the gross wage bill of all registered employers operating in Zimbabwe, then mobilises and disburses those resources for human capital development. The fund finances apprentice training (including wages for the first and second years and college course expenses), equips tertiary institutions with training equipment, funds infrastructure development projects at universities (innovation hubs, research hospitals, agro-industrial parks), pays student attachment allowances, and provides rebates to compliant employers. The ZEEPAY digital payment platform, launched November 2023 in partnership with ZIMSWITCH, enables employers to remit the monthly levy digitally with all Zimbabwean banks integrated.

Product overview

ZIMDEF operates as a government agency under the Ministry of Higher and Tertiary Education, responsible for mobilising and disbursing resources for human capital development in Zimbabwe. The organisation functions as a unified fund management entity offering multiple interconnected services: financial support for apprentices and students, rebates to compliant employers, procurement of training equipment for tertiary institutions, and infrastructure development projects including innovation hubs, research hospitals, and agro-industrial parks. Additionally, ZIMDEF launched the ZEEPAY digital payment platform in November 2023 to facilitate employer levy remittances. The organisation manages these offerings through eight core departments: Revenue, Finance and Administration, Procurement Management Unit, Human Capital Development, ICT, Audit, Facilities and Projects, and Legal and Corporate Affairs.

Differentiator

Problem solved

Functional benefit

Products and services

  • Apprentices Training Financing ZIMDEF finances the training of apprentices in Zimbabwe, reimbursing apprentice wages up to the minimum prescribed for apprenticeship for the first and second years, along with college course expenses and related incidental costs. Available to employers participating in apprenticeship programmes.
  • Rebates Programme ZIMDEF pays rebates to employers who participate in human capital development programmes such as indenturing apprentices, releasing skilled workers for upgrade training, providing trade testing facilities, and training in non-designated trades.
  • Equipping Tertiary Institutions ZIMDEF funds the procurement of training equipment including computers, computer accessories, engineering materials, workshop machinery, laboratory equipment, and training consumables for institutions of higher learning.
  • Infrastructure Development at Tertiary Institutions ZIMDEF undertakes infrastructure development projects at selected institutions of higher learning, including universities and polytechnics, funding construction of innovation hubs and other facilities.
  • Students' Attachment Allowances Students from institutions of higher learning receive a monthly allowance from ZIMDEF to help cushion them during their industrial attachment periods.
  • ZEEPAY Online Payment Platform Online payment platform developed in partnership with ZIMSWITCH, enabling employers to remit the monthly 1% manpower training levy digitally with faster payments and instant receipting. Transactions can be completed in under a minute and capture BP numbers. Accessible at https://zeepay.zimswitch.co.zw/zpas/.
  • Innovation Hubs Construction ZIMDEF funds the construction of innovation hubs at state universities including University of Zimbabwe, Midlands State University, National University of Science and Technology, Chinhoyi University of Technology, Harare Institute of Technology, and Great Zimbabwe University.
  • Research and Teaching Hospitals Funding ZIMDEF funds the construction of specialised research and teaching hospitals at State universities including Midlands State University and University of Zimbabwe, promoting research on pandemics such as COVID-19. Funded UZ with $200 million for research hospital.
  • Agro-Industrial Parks Establishment ZIMDEF funds the establishment of agro-industrial parks at Gwanda State University, Lupane State University, and Marondera University of Agricultural Sciences and Technology.
  • Pathology and Diagnostic Research Centre ZIMDEF established the Midlands State University National Pathology and Diagnostic Research Centre to enable local pathological testing rather than sending samples to South Africa.

Quantifiable outcome

  • Funded UZ research hospital with $200 million for COVID-19 pandemic research
  • +1 more outcomes

Companies that use Zimbabwe Manpower Development Fund

Customer profile

Segments3 records

Ideal customer profiles3 records

Zimbabwe Manpower Development Fund technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Zimbabwe Manpower Development Fund partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • ZIMSWITCHcoreTechnology or Integration · 16 November 2023ZIMDEF partnered with ZIMSWITCH to launch the ZEEPAY online payment platform for employers remitting the monthly 1% manpower training levy. The platform was officially launched by the Minister of Higher and Tertiary Education, Innovation, Science and Technology Development on 16 November 2023. ZEEPAY enables faster payments and instant receipting, with transactions completed in under a minute and capturing BP numbers. All banks in Zimbabwe are integrated on the platform.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Zimbabwe Manpower Development Fund competitors and assessment

Company assessment

Regional players

  • National Training Authority (NTA) - Uganda: Ugandan statutory authority coordinating workplace-based learning, industrial training, and apprenticeships. A relevant regional comparator for ZIMDEF's apprenticeship financing and student attachment allowance programmes.
  • National Industrial Training (NIT) - Zambia: Zambian statutory agency administering the 1% industrial training levy and funding apprentice training and trade testing. Closest geographic and structural peer to ZIMDEF, both in levy design and in focus on apprenticeship and trade testing facilities.

Broad incumbents

  • Human Resource Development Corporation (HRDCorp) - Malaysia: Malaysia's statutory agency funded by a 1% employer training levy (HRDF) that funds workforce upskilling programmes. Operates a more mature, employer-driven rebate model at greater scale, making it a useful benchmark for ZIMDEF's rebate programme design and platform strategy.
  • SkillsFuture Singapore: National statutory initiative that funds lifelong learning, workforce upskilling, and enterprise training via a levy-credit system. Provides a high-end benchmark for digital platform operations, employer credit management, and training-market design relevant to ZIMDEF's evolution.

Direct peers

  • National Industrial Training Authority (NITA) - Kenya: Kenyan statutory body that collects a training levy from employers and funds industrial attachment, apprenticeship, and skills development. Operates the same employer-levy, government-disbursement model as ZIMDEF, providing a regional benchmark for scale and compliance rates.
  • Sector Education and Training Authorities (SETAs) - South Africa: South Africa's 21 SETAs collect a 1% skills development levy from employers and disburse it for training, apprenticeships, and workplace skills planning. Functionally the closest peer cluster to ZIMDEF's levy-funded human-capital mandate, with stronger sectoral specialisation.
  • Industrial Training Fund (ITF) - Nigeria: Nigerian statutory agency funded by a 1% payroll levy on employers, mandated to finance industrial training and manpower development. Closest structural analogue to ZIMDEF, with the same levy-based funding model and workforce-development remit, but operating in a much larger economy.
  • National Skills Fund (NSF) - South Africa: South African statutory fund financed by a 20% share of the 1% skills development levy, disbursing grants for skills development projects. Comparable to ZIMDEF in being a national fund rather than a sectoral SETA, with a similar project-funding role.
  • Vocational Education and Training Authority (VETA) - Tanzania: Tanzanian statutory body overseeing vocational and industrial training, funded in part through a training levy on employers. A regional African peer with a similar mandate around apprenticeship financing and TVET infrastructure investment.

Others

  • ZIMSWITCH: Zimbabwe's national payment switch and ZIMDEF's technology partner for the ZEEPAY platform. Listed as a peer because of its enabling role in ZIMDEF's levy collection infrastructure rather than direct competition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Zimbabwe Manpower Development Fund social profiles

Digital presence

Zimbabwe Manpower Development Fund financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Zimbabwe Manpower Development Fund leadership team

Management profile

Number of profiles

Profiles1 record

Zimbabwe Manpower Development Fund funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Zimbabwe Manpower Development Fund M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zimbabwe Manpower Development Fund

What does Zimbabwe Manpower Development Fund do?

ZIMDEF collects a statutory 1% training levy from the gross wage bill of all registered employers operating in Zimbabwe, then mobilises and disburses those resources for human capital development. The fund finances apprentice training (including wages for the first and second years and college course expenses), equips tertiary institutions with training equipment, funds infrastructure development projects at universities (innovation hubs, research hospitals, agro-industrial parks), pays student attachment allowances, and provides rebates to compliant employers. The ZEEPAY digital payment platform, launched November 2023 in partnership with ZIMSWITCH, enables employers to remit the monthly levy digitally with all Zimbabwean banks integrated.

Is Zimbabwe Manpower Development Fund a public or private company?

Zimbabwe Manpower Development Fund is a private company. It is classified as state government owned and is currently operating.

When was Zimbabwe Manpower Development Fund founded?

Zimbabwe Manpower Development Fund was founded in 1984. It employs 51 to 100 people.

Where is Zimbabwe Manpower Development Fund based?

Zimbabwe Manpower Development Fund is headquartered in Harare, Zimbabwe, in the Africa region.

How does Zimbabwe Manpower Development Fund make money?

Three revenue lines are on record. 1% Training Levy Collection is the primary driver. The others are investment Income and property Rentals.

Who are Zimbabwe Manpower Development Fund's main competitors?

Regional players on record are National Training Authority (NTA) - Uganda and National Industrial Training (NIT) - Zambia. Broad incumbents are Human Resource Development Corporation (HRDCorp) - Malaysia and SkillsFuture Singapore. Direct peers are National Industrial Training Authority (NITA) - Kenya, Sector Education and Training Authorities (SETAs) - South Africa, Industrial Training Fund (ITF) - Nigeria, National Skills Fund (NSF) - South Africa and Vocational Education and Training Authority (VETA) - Tanzania. ZIMSWITCH is listed as an others.

Does Zimbabwe Manpower Development Fund have an API?

No public API is recorded for Zimbabwe Manpower Development Fund.

What industry is Zimbabwe Manpower Development Fund in?

Zimbabwe Manpower Development Fund's product category is Workforce Development Fund. Its primary akta.pro industry code is FSAMAKAJ, Government & Public Sector Disbursements (Tax Refunds, Benefits). Its NAICS code is 52232 and its SIC code is 6111.

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