The modes of acquisition in Zimbabwe include a merger as envisaged by the COBE Act (Chapter 24:31), takeover bid through a tender offer where an offeror presents an offer to shareholders, major asset transactions involving public companies where such a company acquires or disposes of a significa...
According to statistics by the Zimbabwe Congress of Trade Unions, over 100 companies have closed shop since 2014, causing the loss of 10 000 jobs annually. In 2014, the Registrar of Companies struck off more than 176 companies off the register and deregistered over 634 companies after they fail...
He is also seeking an order directing Matsika to “attend all procedures obligated and necessary in terms of the Companies Act to effectuate the registration and lodgement of requisite documents recording the respective issued shareholding, directors and secretaries with the registrar of companies”. Bu...
A check with the Registrar of Companies shows he does not own a registered company. At the Reserve Bank of Zimbabwe, records show that Ranguna’s only bank account with Standard Chartered Bank never held funds enough to purchase the properties in question. ...
RegistrarofCompanies; vi.Proposeddirectors(FormCR14)dulyauthorisedbytheRegistrarof Companies; vii.Proofofavailabilityofminimumpaid-upsharecapitalintheformofbank statementinthenameoftheproposedinstitution,andproofofthesources ofthefunds; viii.Abusinessplan,whosecontentsaredetailedhereinunder;and ...
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“I will see to it that it’s done properly,” Mushayi, who is also the Companies and Intellectual Property of Zimbabwe chief registrar, said. On Thursday, outgoing chairperson of the council of ministers, Mawine Diggs, said Africa was the cradle of creativity and through the protocol on ...
He said the list must be compiled with reference to the circumstances that were anticipated to prevail from August 9, a day before the matter is set down to be heard in the Pietermaritzburg High Court. This list of considerations must be sent to the registrar on or before August 2 and...
"They will apply at least three months before expiry of their registration and will be obliged to disclose any material changes in the particulars they gave the Registrar when they were granted registration or when their registration was last reviewed," the Microfinance Amendment Bill read. ...
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