Business / Companies
Zimbabwe crafting new Companies Act
07 Jul 2016 at 17:02hrs | Views
Zimbabwe is coming up with a new Companies Act that seeks to improve the ease of doing business across the country.
A corporate legal expert Canaan Dube says the new Companies Act is important towards improving the business operating climate.
"It is a critical element that can facilitate the growth of firms," said Dube.
The new Companies Act technical consultant Philipa Phillips says a draft copy of the act is being formulated with the final document expected in December.
"Everything is being modelled in its real systems for the benefit of stakeholders," Phillips said.
KPMG managing director Brian Njikizana says the business community is ready for the new Companies Act.
"Indeed it is long overdue and we really need it," said Njikizana.
The government is forging ahead with an ease of doing business strategy to increase local and foreign direct investments.
A corporate legal expert Canaan Dube says the new Companies Act is important towards improving the business operating climate.
"It is a critical element that can facilitate the growth of firms," said Dube.
The new Companies Act technical consultant Philipa Phillips says a draft copy of the act is being formulated with the final document expected in December.
"Everything is being modelled in its real systems for the benefit of stakeholders," Phillips said.
KPMG managing director Brian Njikizana says the business community is ready for the new Companies Act.
"Indeed it is long overdue and we really need it," said Njikizana.
The government is forging ahead with an ease of doing business strategy to increase local and foreign direct investments.
Source - ZBC
