Government & Regulatory Compliance <

In order to give effect to many of the dealings mentioned in this proposal, Government and regulatory approvals are key to the success of these transactions. It is for this reason that we have a devoted team who liaise with the Government of Zimbabwe to apply for and obtain regulatory approvals, which include the National Indigenisation and Economic Empowerment Board (“NIEEB”), The Zimbabwe Investment Authority (“ZIA”), Environmental Management Authority (“EMA”), clearance for Capital Gains Tax, compliance with Exchange Control and company registration. Some of our key clients in this regard have been foreign investors who have identified the potential of our country, and who have aimed their resources at financing local businesses or projects. We have assisted clients to draft and prepare the implementation plans for indigenisation approvals, conducted on-site legal annual compliance reviews and provided assistance in compliance procedures with the Reserve Bank of Zimbabwe for Exchange Control for large international companies, which include a multinational agriculture company.