BUSINESS INTERRUPTION INSURANCE AND THE COVID-19 PANDEMIC
The Covid-19 pandemic has affected everyone across the Republic of Zimbabwe, with the vast majority of Zimbabweans subject to executive orders to contain the transmission of Covid-19. Consequently, such orders resulted in major business disruptions and closures. In such circumstances, business owners facing major financial disruption sought money to help assuage the loss. One source […]
Mergers and Acquisitions: Safeguarding the rights of buyers even after the conclusion of an acquisition.
Mergers and Acquisitions (“M & As”) have been on the rise in Zimbabwe. Most of the transactions are motivated by the need for survival. The business landscape of Zimbabwe is not friendly to start-ups thus the weak dish themselves up for the strong. The main thrust of having your trusted lawyers by your side as […]
What employers should expect with the changes in Zimbabwean labour laws with the advent of 2022
Over the past decade, Zimbabwe’s Labour laws have been evolving in a bid to meet the changes in the modern economy. One of the major developments include the Labour amendment bill 2021 which has been of major interest among Zimbabweans. This article seeks to highlight key aspects that an employer might be interested to know. […]
How to choose a company name
Companies Weekly is a series of articles in which we enlighten interested persons in all matters relating to company law in Zimbabwe and the associated procedures in the Companies Office. In this week’s update, we focus on how to choose a company name. Often times various names have been rejected for reservation without sufficient explanation […]
Alec Muza Appointed to INTA Leadership Development Committee
Alec Muza has been appointed the International Trademark Association INTA Leadership Development Committee for the 2022–2023 term. “The Leadership Development Committee develops insightful, engaging, and interactive educational programs and services specifically designed for the professional growth and development of INTA volunteers to perform leadership roles within the Association or their organizations. Work includes content development, identification […]
Legal due diligence in private equity transactions
by Zola Ndlovu What is private equity? “Private equity” is an investment in the equity of a non-listed company. A private equity investor is a shareholder of the company whose rights are not governed by the rules of a stock exchange. In terms of section 85 of the Companies and Other Business Entities Act [Chapter […]
A Look into the Proposed Changes in the Insurance Bill, 2021
The Insurance Bill; which recently got a thumbs up from Cabinet, seeks to repeal and replace the current Insurance Act [Chapter 24:07]. The lobbyists for the Bill have highlighted that the major motive behind the Bill is to usher in best practices which have long been begged for in the insurance industry as well as […]
The African Continental Free Trade Area Agreement: A Step Closer Towards Achieving Integration
The African Continental Free Trade Area Agreement “AfCFTA” is an agreement amongst African Union member states who have signed and ratified the agreement, to create a single liberalized African market. It was approved by the 18th ordinary Session of Assembly of Heads of State and Government, held in Addis Ababa, Ethiopia in January 2012. Zimbabwe […]