Investor Protection
The article discusses the rights and remedies available to both foreign and domestic investors in the event of currency devaluation in the investee country. It begins by defining currency devaluation and outlining the circumstances that lead to it, such as excess supply of currency or trade imbalances. In Zimbabwe, investors are protected against indirect expropriation and guaranteed fair and equitable treatment of their investments under the Zimbabwe Investment Development Agency Act. They also have recourse to statutory remedies such as judicial and arbitration proceedings, as well as the option to seek National Project Status or invest in Special Economic Zones.
Children’s Act (Chapter 5:06)
The Children’s Amendment Act No. 8 of 2023 introduces significant changes to strengthen child protection in Zimbabwe and align the country’s laws with international standards. Part 1 of the series focuses on the introduction of various criminal sanctions aimed at protecting children from abuse and exploitation.
Surrogacy in Zimbabwe
The article provides an overview of surrogacy in Zimbabwe, highlighting the absence of a legal framework to govern surrogacy agreements and the associated risks. It explores the definition of surrogacy, different types of surrogacy arrangements, and contrasts commercial and altruistic surrogacy. The discussion delves into landmark surrogacy cases in the USA, such as the Baby M case, illustrating the legal complexities surrounding surrogacy arrangements in the absence of clear legislation.
Trade Contracts
The article delves into restraint of trade clauses in contracts, addressing their definition, purpose, history, and enforceability, as well as providing guidance for both employers and employees
Notarial General Covering Bonds (NGCBs)
The article discusses the shift away from Notarial General Covering Bonds (NGCBs) towards the Movable Property Security Interests Act in Zimbabwe, highlighting how this change impacts financial inclusion and access to credit.
International Trade
The article explores the importance of security agreements or financial instruments in facilitating international trade transactions, focusing on letters of credit, bank guarantees, and performance bonds. These instruments mitigate financial risks associated with non-payment or failed performance by transacting parties. Additionally, the article discusses the International Chamber of Commerce Uniform Customs and Practice for Documentary Credit (UCP 600) and Uniform Rules for Demand Guarantee (URDG 758) as regulatory frameworks governing these transactions.
Contracts for International Sale of Goods
The article compares two significant legal instruments governing contracts on the international sale of goods: the UK Sale of Goods Act 1979 (SGA) and the United Nations Convention on Contracts for the International Sale of Goods (CISG) 1980. Both aim to regulate transactions and resolve disputes arising from international trade, but they differ in their approaches and mechanisms.
Contracts 101
Explore the fundamentals of contracts, including their enforceability, consensus, performance, signing requirements, capacity, legality, and the principle of sanctity. Understand the importance of clarity, proper description of parties, legal capacity, and adherence to legal principles for contract enforceability.
Public Private Partnerships
Explore the challenges facing public-private partnerships (PPPs) for infrastructure development in Zimbabwe, including legal and policy frameworks, historical perspectives, and current obstacles such as poor creditworthiness, capacity constraints, high country risk, corruption, and lack of infrastructure maintenance culture.
Joint Ventures in the Agriculture Sector
Explore the dynamics of joint venture agreements in Zimbabwe’s agriculture sector, their legal framework under the Land Commission Act, and the benefits they offer in enhancing land utilization, productivity, and investor confidence
