IN last week’s piece, I dealt with some of the key points to present to a court when handling a chieftainship dispute. This week, I turn to ecclesiastical disputes. My goal is to make you aware of the main issues that parties must be mindful of to which a court will apply its mind. These…
RAINBOW Tourism Group (RTG) says it will increase focus on technology driven business to consolidate gains recorded during the Covid-19 pandemic. The group’s profit was up by 48 percent to $164 million during the six months to June 30, 2021, spurred by its digitisation strategy, which it says has enabled it to navigate hurdles presented…
AFRICAN Sun (AfSun) says it made a profit of $6,45 billion from its acquisition of a 91,17 percent stake in Dawn Properties (Dawn) earlier this year. In its results for the six months to June 30, 2021 released last week, the hotel and leisure group said its operating income for the period was $6,4 billion…
AUTHORITIES are pulling all the stops to deter the resurgent parallel foreign currency market, which experts say is threatening Zimbabwe’s economic recovery. This comes as the Reserve Bank of Zimbabwe (RBZ) has upped the ante against some of the people it accuses of being at the forefront of driving the parallel forex market in the…
THE Insurance and Pensions Commission (Ipec) says the book value of pension funds’ asset base doubled in real terms during the 12 months to June 30, 2021, after refinements to valuation models, which had been wrecked by Zimbabwe’s currency changes in 2019. In June 2019, the southern African country reintroduced its own currency after a…
THE cabinet has approved the Labour Amendment Bill of 2021, which seeks to align the constitution to international best labour practices and to promote the ease of doing business in the labour market. Information minister Monica Mutsvangwa told journalists after this week’s cabinet meeting that the bill seeks to entrench fair labour standards contemplated in…
FOREIGN currency-denominated insurance has gained popularity in Zimbabwe, amid high inflation, with US$ policies accounting for close to half of the business on short-term insurers books as at June 30, 2021, regulator statistics show. Following a ban on the use of foreign currencies in domestic transactions in 2019, insurers were given an exemption starting November…
THE government says it will come up with measures for financial institutions to bankroll farmers without demanding collateral, which had become an albatross to industrialisation of the sector since the country’s agrarian reforms of two decades ago. The authorities announced this week that they would be coming up with various non-collateral financial models to finance…
SOUTH African Airways (SAA) is eager to re-launch daily flights between Johannesburg and Victoria Falls in the first quarter of 2022, as activity in the resort town continues to grow in the wake of subsiding Covid-19 infections. The airline, which ran into business rescue in 2019 and suspended all commercial, cargo, and repatriation flights for…
I HAVE been dealing with an ecclesiastical dispute of late that got me thinking about how the law relates to matters involving churches and how they worship on one hand, and traditional leaders and how they are appointed on the other. The common thread between the two is that the facts in such cases are…
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