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Muvingi Mugadza

The New Wealth Tax in Zimbabwe: An Overview

The new Finance Act, 2023 (No. 13 of 2023), which came into operation on the 1st of January 2024 introduces a new tax, a wealth tax. This article seeks to provide an understanding into the new wealth tax.  

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Muvingi Mugadza

What the Zimbabwean 2024 financial budget entails for the mining community

The fiscal budget for 2024 comes at a time when the Zimbabwean government is focusing on keeping its promise of building a more fair society, consolidating stability, and driving economic progress coming from the theme “Consolidating Economic Transformation”. Amongs..

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Muvingi Mugadza

New Investment Regulations In Zimbabwe

The facilitation of investment and any matters related to investment in Zimbabwe are generally governed by the Zimbabwe Investment and Development Agency [Chapter 14:38]. Zimbabwe Investment and Development Agency (‘the Agency’) which was established by t..

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Muvingi Mugadza

Investment Opportunities in Carbon Credits Trading in Zimbabwe

At the United Nations Framework Convention on Climate Change (UNFCCC) held in New York, in May 1992, the countries present committed to reduce atmospheric concentrations of greenhouse gasses with the goal of preventing human activities interference with the earth’s climat..

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Coghlan, Welsh and Guest

Labour Amendment Discussion: Removal of 3 Months Notice Period

The new labour amendment repealed section 12(4a) of the Labour Act which allowed both employers and employees to terminate a permanent contract of employment or a contract for a period of two or more years upon giving three months’ notice. This previous position per..

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Kanokanga & Partners

Medical Cannabis In Zimbabwe

The growing and selling of cannabis for medical and research purposes became legal in Zimbabwe in 2018 after the government gave the green light to farmers and investors alike. This made Zimbabwe the second African state to do so.

 

The growing of med..

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Scanlen & Holderness

Zimbabwe: New case on enforceability of choice of law clauses

The issue of choice of law has come to the forefront with the advent of the African Continental Free Trade Area (AfCFTA) and the increase in international agreements.

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Adams & Adams

Important trade mark and passing-off finding: Cairns Foods Limited v Netrade Marketing (Pty) Ltd

This is an appeal decision relating to Cairns Foods Limited and Netrade Marketing, two companies in the business of producing and marketing food products, in particular, fruit jam.

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Cliffe Dekker Hofmeyr

New merger thresholds and notification fees in Zimbabwe

In Zimbabwe, the financial thresholds and filing fees for mandatory merger notification, as well as the advisory opinion application fees have recently been amended.
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