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.
Did you know that the Non-Governmental Organizations Act no. 16 of 2009 (the “NGO Act”) provides for self-regulation of non-governmental organizations (“NGOs”).
In organizations, the board of directors is in charge of strategic oversight. Board responsibilities are time-consuming, and board meetings lack the comfort to effectively discuss agenda items to the bone.
Theories of corporate governance are defined by the causes and effects of variables such as the configuration of the board of directors, the audit committee, the independence of managers,
In business, management and other employees need to act under the highest ethical standards i.e., act with honesty and integrity, no conflicts of interest, accuracy...
Did You Know? The first accounting software was developed in 1978 when Visicalc and Peachtree Software were introduced. Visicalc was the first spreadsheet software that enabled financial modeling on the computer, while Peachtree Software was an accounting software package for the early personal computer.
We are delighted to welcome you to the Bellmac Boot Club. We recognize the importance of strengthening Zambia’s SME sector.
