New Act curtails shelf company manipulation

New Act curtails shelf company manipulation Herald 27/2/2020   Ishemunyoro Chingwere Business Reporter Some criminals that for long, have been manipulating the laxity around the registration of shelf companies, will have their shenanigans curtailed by new provisions of the recently promulgated Companies and other Business Entities Act (Chapter 24:31), Herald Finance & Business can reveal. The Act, …

Getting value from the workers’ committee in the department

Getting value from the workers’ committee in the department   Chronicle 27/2/2020  Labour Matters, Davies Ndumiso Sibanda  MANY progressive and successful organisations have long realised the immense value that is added by a well-trained workers’ committee working with managerial employees who have good people management skills. For the workers’ committee to add or not to …

New law forces companies to submit annual returns

New law forces companies to submit annual returns by Staff reporter NewsDay 25/2/2020 GOVERNMENT has gazetted a new law which forces private, public and shelf companies to submit annual returns within 21 days after the date of the anniversary of their incorporation. Statutory Instrument 46 of 2020 is a follow-up to the Companies and Other …

Zimra configures customs clearance system

Zimra configures customs clearance system Herald 25/2/2020   Zimra Thupeyo Muleya Beitbridge Bureau The Zimbabwe Revenue Authority (Zimra) has configured the Automated System for Customs Data (ASYCUDA) to accept the clearance of designated goods in foreign and local currency. The move is expected to minimise technical challenges importers have been facing in processing the customs …