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.
