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 […]
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 […]
MawereSibanda Celebrates 20 Years of Establishment
When a man looks into a mirror, the image reflects who he is today, but it also reveals who he used to be. Although appearances change, many of the underlying characteristics remain the same. The same is true of MawereSibanda Commercial Lawyers, as we celebrate our 20th anniversary and reflect on who we are now. 2021 is […]
Labour: Minimum wages gazetted in first quarter of 2021
In the first quarter of 2021, a number of industries reviewed the minimum wage payable by an employer. The industries covered in this note are the Engineering Iron and Steel Industry, Printing, Packaging and Newspaper Industry, Textile Industry, Insurance and Pensions Industry and Catering Industry. Download Minimum wages gazetted in first quarter of 2021 (free […]
MawereSibanda recognised in Chambers 2021 ranking of the world’s leading lawyers
MawereSibanda has been highly recommended by London-based international directory Chambers Global 2021. According to Chambers & Partners commentary, MawereSibanda is lauded for being professional, knowledgeable and responsive,” and sources perceive it to be “one of the most respected firms in Zimbabwe.” In addition to the firm ranking, V. B. Sibanda and Tatenda Mawere, founding partners […]
MawereSibanda advises ZimRe on acquisition of control block of Fidelity Life Assurance of Zimbabwe Limited and entire shareholding of ZPI
MawereSibanda was the legal advisor in ZimRe Holdings Limited’s (ZHL) acquisition of 38,224,928 Fidelity Life Assurance of Zimbabwe Limited shares and ZHL’s acquisition of all the ordinary shares in ZimRe Property Investments Limited. Prior to the transaction, ZHL held 20.57% shareholding in Fidelity Life Assurance Zimbabwe. The acquisition of shares in Fidelity Life Assurance, which […]
MawereSibanda advises Zimplow Holdings Limited on its acquisition of Scanlink, Tredcor and Birmingham Investments
MawereSibanda advised Zimplow Holdings Limited in its acquisition of the entire issued share capital of Scanlink (Private) Limited, Tredcor Zimbabwe (Private) Limited, Birmingham Investments (Private) Limited, and Stand 30001 Dagenham Road, Willowvale Township, Harare.
NEWSFLASH: Extension of time for companies to re-register
The period within which all companies and private business corporations must re-register in terms of the new Companies and Other Business Entities Act has now been extended to 13th February 2023. Under the new the Companies Act, all companies and private business corporations were supposed to re-register by 13th February 2021 failing which they would […]
New statutory measures on the protection of domestic and international investments in Zimbabwe
The Zimbabwe Investment Development Agency Act [Chapter 14:37] (hereinafter Z.I.D.A Act) became law on 7 February 2020. It heralds a new legal regime whose intention is to restore investor confidence in Zimbabwe. The Z.I.D.A Act repealed the Zimbabwe Investment Authority Act [Chapter 14:30] (Z.I.A), Special Economic Zones Act [Chapter 14:34] and Joint Ventures Act [Chapter […]