Author: MawereSibanda

What an investor needs to know about trading on the Victoria Falls Stock Exchange (VFEX)

WHAT IS THE VFEX? The Victoria Falls Stock Exchange (VFEX), a subsidiary of the Zimbabwe Stock Exchange (“ZSE”) established to kick start the Offshore Financial Services Centre (OFSC) earmarked for the special economic zone in Victoria Falls was established in 2020. Its trading currency is in United States Dollars. As such, dividends will be paid […]

Corporate Advisory |

Assessing the concept of Special Economic Zones – 5 years down the line

On 7th February 2020, the Zimbabwe government gazetted the much anticipated Zimbabwe Investment and Development Agency Act [Chapter 14:37]. The Act was introduced in order to promote and facilitate investment in the country, and also repealed and replaced the Special Economic Zones Act [Chapter 14:34]. This effectively made the ZIDA act the new legislation governing […]

3 Things You Need to Know Before Suing a Deceased Estate

1. Sue the executor or executrix by name and not the estate The Supreme Court recently restated the position of the law with regards to suits against deceased estates. (Cosma Chiangwa v David Katerere & Ors SC 2021) The court stated that one cannot sue the estate but the executor or executrix. Likewise, it is […]

Commercial Litigation & Arbitration |

You can now designate The Gambia in an ARIPO application

On 3 August 2021 it became possible to designate the Republic of the Gambia in an ARIPO application in terms of the Banjul Protocol. This brings the number of countries which may be designated in an ARIPO application to 12, namely, Botswana, the Kingdom of Eswatini, The Gambia, the Kingdom of Lesotho, Liberia, Malawi, Mozambique, […]

Intellectual Property |

“No jab, no job” – Can an employer force employees to get vaccinated?

The government of Zimbabwe has undertaken to have every eligible Zimbabwean vaccinated by end of August 2021. However, the government has acknowledge one major resistance, it cannot force everyone to be vaccinated hence it has revised its stance to urging everyone to be vaccinated. To date there is no law that mandates everyone to be […]

Employment Law |

Aspects of termination of employment for incapacity – some insights

Section 14(4) of the Labour Act permits an employer to terminate the employment of an employee who has exhausted the sick leave prescribed in the Act. A more often raised question relating to this subject matter is that, whether an employer is obliged to notify an employee in anticipation of, or upon, the expiry of […]

Employment Law |

COVID 19 Alert – Protocols at the Deeds, Companies and Intellectual Property Office

We wish to notify our valued clients of the new Deeds, Companies and Intellectual Property Office protocols which will affect our Real Estate and IP department in its usual efficiency in the provision of conveyancing, securitisation and local trade mark application services. Our Corporate Law department is also affected with regards to companies due diligences […]

COVID-19 Client Support |

COVID 19 Alert – Temporary shutting down of court operations

We wish to notify our valued clients of the Practice Direction Number 6 of 2021 issued by the Chief Justice of Zimbabwe with regards to the temporary shutting down of court operations until 19 August 2021 except for initial remands, urgent applications and processes and bail applications. During this period, new ordinary court filings such […]

Analysing the Pensions and Provident Funds Bill against the current challenges in the Insurance and Pensions sectors

The Pensions and Provident Funds Act [24:09] The Pensions and Provident Funds Act has been in force since 1st July 1976. Throughout the course of time, the Insurance industry has seen dynamic changes financially and administratively without any major adaption by the governing Act. As such, calls for change based on the challenges within the […]

Legal Clerk – Company Registrations

Position: Legal Clerk – Company Registrations   Position Overview We are looking for an experienced, organized and efficient Legal Clerk to join our firm. The main role for the Legal Clerk will be to do company registrations and general company secretarial work. The clerk must however be versatile and have knowledge of clerical work involved […]

Jobs |