As a Corporate Law firm in Zimbabwe we are approached by various clients and potential clients who seek our guidance, not only on the general regulatory and compliance framework in Zimbabwe, but also on areas of opportunity that we see in the Zimbabwean economy.
Jabulani Nhongo is a Partner at Manokore Attorneys in the firm’s Corporate, Banking and Finance and Tax practice groups.
Jabulani has extensive experience in matters involving mergers and acquisitions, private equity, corporate finance, secured lending, tax, real estate and real estate finance, commodity finance, competition / antitrust and tax.
Experience has included advising:
- Redan Petroleum (Private) Limited in respect of the acquisition of an equity stake by Puma Energy
- Societe Industrielle Lesaffre in respect of the acquisition of the business of Anchor Yeast (Private) Limited
- A South African DFI on a USD60 million line of credit facility to a Zimbabwean financial institution
- A regional financial institution in respect of its various banking activities in Zimbabwe and the region, including drafting facility documents, security documents, legal opinions and assisting in formulation and implementation of transaction structures
- A property developer in respect of its property development business involving mixed-use development measuring 6,4 million m2 located near the Harare International Airport, which targets the middle to high income demographic
- A financial and investment management firm specializing in Africa in respect of its financial advisory, fund management and asset management businesses in Zimbabwe
- A Scandinavian private equity firm in respect of its investment portfolio in Zimbabwe, in the fast-moving consumer goods and dairy sectors
- A financial institution on its subscription for a USD50 million portion of a USD100 million bond issued by Zimbabwe National Road Administration in respect of an Emergency Road Rehabilitation Bond
- A multinational beverages manufacturing company in respect of its operations in Zimbabwe
- A commodity financer on a USD2.5 million commodity financing facility in the tobacco sector
- The African Development Bank on a USD25 million trade line of credit to the Central African Building Society (CABS)
- Registered Legal Practitioner of the High Court of Zimbabwe (2013)
- University of Cape Town, South Africa, BA (2007)
- University of Cape Town, South Africa, LLB (2010)
- Law Society of Zimbabwe
- Board member of TAJATA Investments (Private) Limited)
As a Corporate lawyer in Zimbabwe, I am frequently asked by prospective and current investors “What does the future hold for Zimbabwe’s economy?”
Zimbabwe’s industries have faced significant challenges over the last 20 years, with the ultimate result being that production in Zimbabwe has suffered immensely; with high levels of cheaper imports from neighbouring countries, resulting in a shrinking of Zimbabwe’s fiscus and a liquidity crisis, being the main by-products of these challenges.
The registration of private companies in Zimbabwe is governed by the Companies Act [Chapter 24:03], and the purpose of this article is to outline the requirements for registering a private company in Zimbabwe; a service which Manokore Attorneys, a corporate law firm in Zimbabwe, is able to provide.