In a notable move, the government has introduced a Statutory Instrument (S.I.) Number 25 of 2024, which effectively raises the value of a fee and penalty unit to forty ngwee. This new regulation came into force on 19 April 2024, marking a significant adjustment from the previous value of thirty ngwee.
AGMs are vital for companies, providing a platform for shareholders, directors, and management to discuss performance and future strategies.
Annual General Meetings (AGMS) are crucial events for organizations, offering opportunities to engage stakeholders, review company performance, and plan for the future.
Pre-incorporation contracts refer to contracts made before a company is incorporated. They are contracts made by a pre-existing company’s company promoters.
Secretarial and legal compliance are vital for corporate governance, ensuring efficient board administration and adherence to legal requirements for all types of entities.
The article discusses how technology and social media are globally prevalent, the need for cybersecurity laws, and Zambia's efforts to regulate cyberspace and protect personal information.
Employees are a vital asset, so it's important to value and motivate them. Implementing an effective human resource management system is essential for their growth and increasing productivity.
The type of business entity that is chosen will have implications for the way the business is run, how profits are shared, and the level of legal and financial liability that the owners will face. This simple yet insightful article highlights the most common types of business entities in Zambia and provides a brief feature of the advantages and disadvantages of each type of entity.
Employers and their human resource departments would be interested in knowing that the Court of Appeal recently passed a decision in which it awarded 42 months as damages for wrongful dismissal.
We are delighted to welcome you to the Bellmac Boot Club. We recognize the importance of strengthening Zambia’s SME sector.
