|12 February 2019|
|Location and Venue:|
|Meikles Hotel, Harare|
Comply with the Exchange Control Act & Regulations,
whilst Ensuring Business Continuity!
Managing the Exchange Control Act & Regulations of Zimbabwe
The business environment in Zimbabwe is facing “severe viability challenges” because of the shortage of hard currency. The foreign-exchange shortage has left companies with insufficient funds to cover production and operating costs.
Furthermore, companies are having to procure goods locally at a cost of up to 300% of the actual fair value. This is leading to major operational challenges. Inability to access foreign currency is exposing companies to “inflationary pressures in the procurement of consumables from domestic suppliers”.
In September, Zimbabwe’s inflation spiked to its highest levels since 2010 due to the shortage of foreign exchange
During this exclusive briefing, you will receive much needed clarity on the Exchange Control Act and will understand how to transact in an environment where foreign currency is limited, whilst still ensuring compliance, avoiding penalties and maintaining a positive cash flow.
DURING THIS EXCLUSIVE BRIEFING, WE WILL:
CO-FACILITATED BY MR. VENGAI MADZIMA, OF LEADING ZIMBABWE LAW FIRM:
DESIGNED FOR THE FOLLOWING JOB FUNCTIONS, ACROSS ALL INDUSTRIES:
1 Day Exclusive Briefing: R6900
Register 3 or more delegates: R5900 each
1 Day Exclusive Briefing: USD490
Register 3 or more delegates: USD440 each
Foreign exchange shortages crippling Zimbabwe precious metal miners. Read more here.
Zimbabwe Wheat Supplies Dwindle on Foreign-Exchange Shortage. Read more here.
Zim inflation spikes as forex shortage weighs on supplies. Read more here.
Zim banks impose tough conditions on foreign currency accounts opening. Read more here.
Vengai is a partner at Titan Law, which has been recently recognized as one of the top 10 law firms in Zimbabwe. He heads the Banking, Mining and Investment Law department.
He has over 10 years experience in mining law, which include among other accomplishments, formulating together with the Ministry of Education, National Diploma modules for Mining and Property law.
He is also a director in one of Zimbabwe's largest Ferrochrome producing companies.