What Happens After You Sign an Agreement of Sale? Or, Why Buying Property in Zimbabwe Is Not Quite Like Ordering Takeaways There is a magical moment in every property transaction. Pens come out.Pages are signed.Photographs are taken.The buyer smiles.The seller smiles.The estate agent smiles the hardest. And somewhere in the background, a conveyancer quietly opens […]
INTRODUCTION Corporate rescue is a debtor friendly administration of financially distressed companies with a hope of resuscitating them from the solvency struggle, as provided for under the Insolvency Act [Chapter 6:07]. Introduced through the 2018 Insolvency Act, this process replaced the former system of judicial management and has become an essential element of Zimbabwe’s commercial […]
One of the most important ideas in contract law is Pacta Sunt Servanda, which states that contracts must be honoured and enforced. This article examines this maxim’s definition, history, benefits and drawbacks The Latin phrase Pacta Sunt Servanda supports the idea that once a contract has been legally made, the parties to it should behave in […]
The Mines and Minerals Act (Chapter 21:05) governs tribute agreements (the Act). A tribute agreement, as defined by section 283 of the Act, is any arrangement or contract in which a person grants a tributer a tribute, license, concession, authority, or other right to mine a mining location. It also includes any agreement to modify […]
The Mines and Minerals Act (Chapter 21:05) governs tribute agreements (the Act). A tribute agreement, as defined by section 283 of the Act, is any arrangement or contract in which a person grants a tributer a tribute, license, concession, authority, or other right to mine a mining location. It also includes any agreement to modify […]
In Zimbabwe, one of the most crucial factors to take into account when selling immovable property is whether Capital Gains Tax (CGT) will be payable. CGT is levied on the profit arising from the sale of a “specified asset”, including real estate, as provided in the Capital Gains Tax Act [Chapter 23:01]. The law does […]
Do you have a written agreement with a debtor, but they haven’t paid you yet? What comes next? Learn more below! The High Court regulations of 2021 stipulate that a provisional sentence is the remedy. After the summons is issued, this process enables the Plaintiff to obtain a prompt remedy if the Defendant provides a […]
What is civil contempt? Civil contempt is conduct that is not itself a crime but is conduct which is punishable by the court to ensure that court orders are observed. Deliberately disobeying an order of the court or breaching an undertaking given in the course of litigation are common examples of conduct that constitutes a […]
Child custody, access, and maintenance are significant issues in family law in Zimbabwe, and many parents and guardians seek clarity on these matters. Here are some frequently asked questions (FAQs) regarding child custody, access, and maintenance in Zimbabwe, along with their answers: 1. What is child custody in Zimbabwe? Answer: Child custody refers to the […]
The Government of Zimbabwe is mounting pressure on informal retailers popularly known as tuckshops to formalize their operations so as to enhance Government tax revenues, economic stabilization and growth. Formal businesses are enduring unfair competition from informal businesses and as a result their survival is at stake and some are shutting down operations. The move […]