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Zimbabwe is a small developing country that has been independent for 17 years. In its short post‐colonial history it has been attempting to grapple with lessening the imbalances on resource distribution, like land, water and other natural resources, from its colonial path. The path towards achieving “growth and equity” in the economy has not been easy. It has moved from a centrist approach to one that is governed by market forces ushered in by economic reforms that encourage deregulation of state controls. Water pricing policy and distribution are reviewed, in the light of this background. Some key issues relating to institutions, legislation, and economic theory considerations in the management of scarce water resources are discussed in the light of Zimbabwe’s experience.

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