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Zimbabwe

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Zimbabwe f

Official name: Zimbabwe

Official languages:  Shona, English, Ndebele

Government: Semi-presidential system, Republic

 

Zimbabwe g

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Zimbabwe

 

Zimbabwe, located in southern Africa, has a rich history, diverse culture, a mixed economy, and a complex political landscape. This page provides an overview of these aspects, highlighting the unique characteristics and contributions of Zimbabwe.

History: Zimbabwe’s history is intertwined with the rise and fall of ancient African civilizations. The region was home to the Great Zimbabwe Kingdom, known for its impressive stone structures and vibrant trade networks. European explorers, including David Livingstone, arrived in the 19th century, leading to British colonial rule. The country, then known as Rhodesia, experienced a tumultuous struggle for independence, with notable figures like Joshua Nkomo and Robert Mugabe playing key roles. Zimbabwe gained independence in 1980 and has since faced various political, economic, and social challenges.

Culture: Zimbabwe’s culture is diverse, influenced by numerous ethnic groups such as the Shona, Ndebele, Tonga, and Manyika. Traditional beliefs and practices are still deeply rooted in society, with ancestral worship and rituals playing significant roles. The country is known for its vibrant music, with genres like chimurenga and mbira gaining international recognition. Shona and Ndebele sculptures are highly regarded for their artistic expression and craftsmanship. Zimbabwean cuisine typically includes staple foods like sadza (maize meal) and a variety of meats, vegetables, and fruits.

Economy: Zimbabwe has a mixed economy with agriculture, mining, manufacturing, and services as key sectors. Agriculture, particularly tobacco, maize, and cotton farming, has been the backbone of the economy, employing a significant portion of the population. The country is also rich in mineral resources, including gold, platinum, diamonds, and chrome. Manufacturing industries focus on textiles, food processing, and steel production. Tourism plays a potential role in the economy, with attractions such as Victoria Falls, Hwange National Park, and the ancient ruins of Great Zimbabwe drawing visitors.

Politics: Zimbabwe’s political landscape has been marked by a complex history. Since gaining independence, the country has experienced political shifts and challenges. Robert Mugabe, who served as the country’s leader for nearly four decades, faced both praise and criticism for his policies. In recent years, Zimbabwe has undergone significant political change, with Emmerson Mnangagwa assuming the presidency in 2017. The country continues to work towards strengthening democratic institutions, promoting human rights, and revitalizing the economy. However, challenges such as corruption, unemployment, and social inequalities remain focal points for ongoing reform efforts.

In conclusion, Zimbabwe’s history, culture, economy, and politics shape its unique identity and aspirations for progress. The country’s ancient civilizations, artistic traditions, and cultural heritage make it a captivating destination. Zimbabwe’s mixed economy, with its agricultural and mineral resources, presents opportunities for growth and development. The political landscape, while complex, showcases ongoing efforts to foster democratic governance and address socio-economic challenges. Zimbabwe invites visitors to explore its rich history, encounter its diverse cultures, and witness a nation striving for stability, prosperity, and social harmony.

 

Types of Companies in Zimbabwe

 

Mining Companies: Zimbabwe is rich in mineral resources, and mining plays a significant role in the country’s economy. Mining companies in Zimbabwe extract minerals such as gold, platinum, diamonds, coal, and chrome. Examples include Zimplats Holdings, RioZim, and Mimosa Mining Company.

Agriculture Companies: Zimbabwe has a strong agricultural sector, with companies involved in crop farming, livestock rearing, and agribusiness. These companies contribute to food production, export activities, and the overall development of the agricultural industry. Companies like Seed Co Limited, Hippo Valley Estates, and Ariston Holdings operate in the agricultural sector.

Manufacturing Companies: Zimbabwe has a manufacturing sector that produces goods for domestic consumption and exports. Manufacturing companies in Zimbabwe are involved in industries such as food processing, textiles, beverages, pharmaceuticals, and automotive. Examples include Delta Corporation (beverages), National Foods Holdings (food processing), and Innscor Africa Limited (food and retail).

Financial Institutions: Banks, insurance companies, and other financial institutions operate in Zimbabwe’s financial sector. These institutions provide banking services, insurance coverage, investment opportunities, and financial advisory services to individuals and businesses. Notable financial institutions in Zimbabwe include CBZ Bank, Stanbic Bank, and Old Mutual Zimbabwe.

Telecommunications Companies: Zimbabwe has a growing telecommunications sector, providing mobile and fixed-line telecommunication services, internet connectivity, and digital solutions. Leading telecommunications companies in Zimbabwe include Econet Wireless, Telecel Zimbabwe, and NetOne.

Energy Companies: Zimbabwe’s energy sector comprises companies involved in power generation, distribution, and renewable energy projects. The Zimbabwe Electricity Supply Authority (ZESA) is the state-owned power utility, while independent power producers (IPPs) are also present in the energy industry.

Retail and Consumer Goods Companies: Retail companies in Zimbabwe operate supermarkets, department stores, and convenience stores, offering a variety of consumer goods. Examples include OK Zimbabwe, Pick n Pay, and Spar Zimbabwe. Additionally, there are companies engaged in the production and distribution of consumer goods such as toiletries, beverages, and household products.

Construction Companies: Construction companies play a crucial role in infrastructure development, residential and commercial building projects, and civil engineering works. These companies undertake construction contracts and provide services in areas like building, road construction, and infrastructure development. Some prominent construction companies in Zimbabwe include Murray & Roberts Zimbabwe, Masimba Holdings, and Costain Africa.

Tourism and Hospitality Companies: Zimbabwe’s natural beauty and cultural heritage make it a popular tourist destination. Companies in the tourism and hospitality sector operate hotels, resorts, safari lodges, tour operators, and travel agencies. Examples include Meikles Hotel, African Sun Limited, and Imvelo Safari Lodges.

Technology and Software Companies: Zimbabwe has a growing technology sector with companies engaged in software development, IT services, e-commerce, and digital solutions. These companies contribute to the digital transformation and technological advancement in Zimbabwe. Examples include Cassava Smartech, Webdev, and Afrosoft Holdings.

“Our team can provide assistance if you need help registering a company in Zimbabwe.”

 

Common Questions

 

What is the legal framework for company registration in Zimbabwe?

The legal framework for company registration in Zimbabwe is governed by the Companies and Other Business Entities Act [Chapter 24:31].

What types of business entities can be registered in Zimbabwe?

The common types of business entities that can be registered in Zimbabwe are private limited companies, public limited companies, and private business corporations.

What is the minimum number of directors required to register a company?

A private limited company in Zimbabwe requires a minimum of one director, while a public limited company needs at least three directors.

Can foreign nationals or foreign companies register a business in Zimbabwe?

Yes, foreign nationals and foreign companies can register businesses in Zimbabwe, subject to compliance with relevant regulations.

What is the minimum share capital requirement for company registration?

Zimbabwe has abolished the minimum share capital requirement, allowing companies to be registered with any amount of share capital.

How long does the company registration process take in Zimbabwe?

The registration process typically takes around 5 to 10 working days, depending on the workload at the Companies and Deeds Registry Office.

What documents are required for company registration?

The required documents include the company’s memorandum and articles of association, completed CR6 and CR14 forms, identification documents of directors and shareholders, and proof of address for the registered office.

Can I reserve a company name before registration?

Yes, you can reserve a company name with the Companies and Deeds Registry Office for up to 30 days before proceeding with registration.

Are there any restrictions on company names?

Yes, company names must not be identical or similar to existing companies and should not contain offensive or restricted words.

Can a single person register a company in Zimbabwe?

Yes, a single individual can register a private limited company and be both the shareholder and director.

What is the validity period of a company registration certificate?

The company registration certificate is valid indefinitely unless the company is deregistered or dissolved.

“Our team can provide assistance if you need help registering a company in Zimbabwe.”

 

Can I change the company name after registration?

Yes, a company can change its name by filing the necessary forms and paying the prescribed fees.

Are there any ongoing compliance requirements for registered companies?

Yes, companies must file annual returns and financial statements with the Registrar of Companies.

Can I register my company online?

As of my last update in September 2021, the company registration process could not be completed online. It required physical submission of documents to the Companies and Deeds Registry Office. However, check for any updates, as online registration processes may have been introduced.

Can I operate my business immediately after registration?

Yes, once your company is registered, you can start operating your business immediately.

What taxes do companies in Zimbabwe have to pay?

Companies in Zimbabwe are subject to various taxes, including corporate income tax, value-added tax (VAT), and withholding tax, among others.

Is there a requirement to appoint an auditor for the company?

Yes, companies are required to appoint an auditor within 90 days of incorporation.

Can I register a company with foreign shareholders only?

Yes, a company in Zimbabwe can be fully owned by foreign shareholders.

Can I register a company with a virtual office address?

No, a physical registered office address is required for company registration in Zimbabwe.

“Our team can provide assistance if you need help registering a company in Zimbabwe.”

 

Can I register a non-profit organization (NPO) in Zimbabwe?

Yes, non-profit organizations can be registered under the Private Voluntary Organizations Act or the Trusts Act in Zimbabwe.

Can I register a branch or subsidiary of a foreign company in Zimbabwe?

Yes, foreign companies can register branches or subsidiaries in Zimbabwe under the Companies and Other Business Entities Act.

Are there any restrictions on foreign ownership of companies in Zimbabwe?

Zimbabwe has certain restrictions on foreign ownership in specific sectors, such as mining and agriculture. It is important to consult the relevant laws and regulations for specific sectoral requirements.

Is it necessary to have a local director or shareholder in a Zimbabwean company?

There is no requirement for a local director or shareholder in a Zimbabwean company. Foreign individuals or entities can fully own and manage a company.

Can I register a sole proprietorship in Zimbabwe?

Yes, you can register a sole proprietorship under the Business Names Act in Zimbabwe.

What are the costs associated with company registration in Zimbabwe?

The costs include registration fees, legal fees, and other incidental expenses, which may vary depending on the company type and services sought.

Can I register a company with a foreign currency bank account?

Yes, companies in Zimbabwe can maintain bank accounts in foreign currency.

Can I register a company with different classes of shares?

Yes, companies in Zimbabwe can issue different classes of shares with varying rights and privileges.

Can I register a company with bearer shares?

No, Zimbabwe has abolished the use of bearer shares, and companies cannot issue them.

Can I register a company with an offshore bank account?

Zimbabwe has regulations regarding offshore bank accounts, and it is essential to comply with applicable laws and regulations.

“Our team can provide assistance if you need help registering a company in Zimbabwe.”

 

Can I register a company with a nominee director or shareholder?

Nominee directors or shareholders can be appointed, but it is important to comply with disclosure requirements and adhere to corporate governance principles.

Are there any specific regulations for foreign-owned companies in Zimbabwe?

Foreign-owned companies are subject to the same laws and regulations as domestic companies, but certain sectors may have specific regulations or restrictions.

Can I register a company with an online business model?

Yes, companies with online business models can be registered in Zimbabwe, subject to compliance with relevant laws and regulations.

Can I register a company with multiple business activities?

Yes, a company can engage in multiple business activities within the scope of its defined objectives.

Can I register a company with an intellectual property (IP) portfolio?

Yes, companies in Zimbabwe can register with an IP portfolio, including trademarks, patents, and copyrights.

Can I register a company without a physical office space?

While a physical registered office address is required, it is possible to use shared office spaces or serviced offices as the registered office address.

Can I register a company as a foreign investor without being physically present in Zimbabwe?

It is possible to register a company as a foreign investor without being physically present by appointing an authorized representative or engaging the services of a registered agent.

Can I register a company in Zimbabwe if I am a Zimbabwean citizen residing abroad?

Yes, Zimbabwean citizens residing abroad can register a company in Zimbabwe by appointing a local representative or engaging the services of aregistered agent.

Can I register a company with a non-Zimbabwean director?

Yes, companies in Zimbabwe can have non-Zimbabwean directors, as long as they comply with relevant regulations.

Can I register a company with a foreign company as a shareholder?

Yes, foreign companies can be shareholders in a Zimbabwean company, subject to compliance with applicable laws and regulations.

Can I register a company with a foreign company as a director?

Yes, foreign companies can appoint directors to a Zimbabwean company, but it is important to comply with relevant regulations.

“Our team can provide assistance if you need help registering a company in Zimbabwe.”

 

Can I register a company with a local and foreign company as shareholders?

Yes, a company in Zimbabwe can have both local and foreign companies as shareholders.

Are there any sector-specific licenses or permits required for company registration?

Certain sectors, such as mining, healthcare, telecommunications, and financial services, may require additional licenses or permits for company registration.

Can I register a company with a foreign currency share capital?

Yes, companies in Zimbabwe can have their share capital denominated in foreign currency.

Can I register a company with a foreign company as a secretary?

Yes, a foreign company can appoint a secretary for a Zimbabwean company, but it is important to comply with relevant regulations.

Can I register a company if I have been previously declared bankrupt?

Individuals who have been previously declared bankrupt may face restrictions or requirements when registering a company. It is advisable to seek legal advice in such cases.

Can I register a company if I have criminal convictions?

Criminal convictions may not necessarily prevent you from registering a company, but it is important to disclose any relevant information during the registration process.

Can I register a company if I am a minor (under 18 years old)?

Generally, minors cannot register companies in their own names. However, a guardian or parent can establish a company on behalf of a minor.

Can I register a company with a trading name different from the registered name?

Yes, a company can trade under a different name, also known as a “trading as” (T/A) name, as long as it is registered and disclosed.

Can I register a company with an unlimited number of shareholders?

Yes, companies in Zimbabwe can have an unlimited number of shareholders.

Can I register a company for tax planning purposes?

Registering a company for tax planning purposes should be done in compliance with relevant tax laws and regulations. It is advisable to consult with tax professionals for proper guidance.

 

Major Banks in Zimbabwe

 

“Our team can provide assistance if you need to open a bank account in Zimbabwe.”

 

The top universities in Zimbabwe

 

University of Zimbabwe

  • Location: Harare
  • Website: https://www.uz.ac.zw/
  • Major Courses: Medicine, Law, Engineering, Accounting, Economics

National University of Science and Technology (NUST)

  • Location: Bulawayo
  • Website: https://www.nust.ac.zw/
  • Major Courses: Engineering, Applied Sciences, Commerce, Medicine

Midlands State University (MSU)

  • Location: Gweru
  • Website: https://ww5.msu.ac.zw/
  • Major Courses: Law, Business Management, Computer Science, Education

Zimbabwe Open University (ZOU)

  • Location: Harare
  • Website: https://www.zou.ac.zw/
  • Major Courses: Business Administration, Development Studies, Education, Applied Social Sciences

Chinhoyi University of Technology (CUT)

  • Location: Chinhoyi
  • Website: https://www.cut.ac.zw/
  • Major Courses: Information Technology, Engineering, Business Studies, Agriculture

Great Zimbabwe University (GZU)

  • Location: Masvingo
  • Website: https://www.gzu.ac.zw/
  • Major Courses: Archaeology, African Languages and Culture, Development Studies, Commerce

Africa University

  • Location: Mutare
  • Website: https://www.africau.edu/
  • Major Courses: Agriculture, Business Administration, Theology, Peace, Leadership and Governance

Bindura University of Science Education (BUSE)

  • Location: Bindura
  • Website: https://www.buse.ac.zw/
  • Major Courses: Science Education, Agriculture, Environmental Science, Social Sciences

Lupane State University (LSU)

  • Location: Lupane
  • Website: https://www.lsu.ac.zw/
  • Major Courses: Development Studies, Languages and Communication Studies, Science and Technology

Women’s University in Africa (WUA)

  • Location: Harare
  • Website: https://www.wua.ac.zw/
  • Major Courses: Gender Studies, Development Studies, Education, Business Administration

“If you need assistance registering for college or university, our team is here to help.”

 

Strange or unusual to visitors in Zimbabwe

 

Greetings: In Zimbabwe, greetings are an important part of the culture. It is customary to greet people with a handshake and a warm smile, even when meeting someone for the first time. Visitors may find the level of friendliness and the emphasis on greetings different from what they are used to.

Currency: Zimbabwe has had a history of currency instability, and at the time of writing, the country primarily uses a multi-currency system. Visitors might find it unusual to see a wide variety of currencies in circulation, including the US dollar, South African rand, and local bond notes.

Roadblocks: It is not uncommon to encounter police roadblocks in Zimbabwe, particularly in urban areas. These roadblocks are set up for security and traffic control purposes. Visitors may find it strange to be stopped and questioned by police officers, but it is a common practice in the country.

Power Outages: Zimbabwe has experienced periods of power shortages and load shedding. Visitors may encounter power outages, especially during peak demand periods. It is advisable to be prepared with flashlights or other sources of light during these times.

Food: Zimbabwean cuisine may be different from what visitors are accustomed to. Local dishes often include staple foods like sadza (a thick maize meal porridge), nyama (meat), and various vegetable-based dishes. Visitors may find the flavors and ingredients unique and worth exploring.

Public Transportation: Public transportation in Zimbabwe, especially in urban areas, can be crowded and operate on flexible schedules. Visitors may find the informal nature of public transportation, such as minibus taxis called “kombis,” unusual compared to more formal systems in their home countries.

Prolonged Meal Times: Zimbabweans often enjoy leisurely meals, especially during social gatherings or when dining out. Visitors may find that meals can take longer than expected due to the relaxed pace and emphasis on socializing.

Road Etiquette: The driving culture in Zimbabwe may differ from what visitors are accustomed to. It is not uncommon to encounter drivers who may not strictly adhere to traffic rules, such as speeding or overtaking in unconventional ways. It is advisable to exercise caution and adapt to local driving practices.

Cash Shortages: Zimbabwe has experienced cash shortages in the past, leading to challenges in accessing physical currency from ATMs and banks. Visitors may find it unusual to rely more on electronic payment methods or to encounter difficulties in obtaining cash.

Wildlife Encounters: Zimbabwe is known for its diverse wildlife, and visitors may have the opportunity to see animals up close in national parks and game reserves. The experience of encountering wild animals in their natural habitat can be both exciting and unusual for some visitors.

 

“Tips for Newcomers: Adjusting to Life in Zimbabwe”

 

Learn about the Culture: Take the time to understand Zimbabwean culture, traditions, and social norms. Respect local customs, greetings, and traditions to build positive relationships with the local community.

Engage with Locals: Zimbabweans are known for their warmth and friendliness. Engage with locals, strike up conversations, and show genuine interest in their culture and experiences. This can help you make connections and feel more at home.

Adapt to the Pace of Life: Zimbabwe has a more relaxed pace of life compared to some other countries. Embrace this slower rhythm and be patient with administrative processes, transportation, and daily routines.

Dress Appropriately: Zimbabwe is a conservative society, and it’s important to dress modestly, particularly in rural areas and when visiting religious sites. Respect local customs and traditions when it comes to clothing choices.

Be Mindful of Safety: Like any other country, it’s important to take safety precautions. Stay informed about the current security situation, be cautious with your belongings, and avoid walking alone at night in unfamiliar areas.

Embrace the Cuisine: Zimbabwean cuisine is diverse and flavorful. Try local dishes such as sadza, nyama, and various vegetable-based stews. Explore the vibrant food markets and street food scene for an authentic culinary experience.

Learn Basic Phrases in Shona/Ndebele: Shona and Ndebele are the most widely spoken languages in Zimbabwe. Learning a few basic phrases in these languages, such as greetings and common expressions, can go a long way in building rapport with locals.

Respect Wildlife and Nature: Zimbabwe is renowned for its natural beauty and wildlife. When visiting national parks and reserves, follow the guidelines provided by park authorities, respect the environment, and practice responsible tourism.

Stay Informed: Keep yourself updated on local news, current affairs, and any developments that may affect your stay in Zimbabwe. This includes being aware of any travel advisories or safety concerns.

Seek Support and Join Community Groups: Connect with other expats, join local community groups, or seek support from organizations that cater to newcomers. This can help you build a support network, make new friends, and navigate the challenges of settling into a new country.

 

Top recruitment agencies in Zimbabwe

 

CV People Africa Website: https://www.cvpeopleafrica.com/

Jobs Zimbabwe Website: https://jobszimbabwe.co.zw/

The Recruitment Council Website: https://www.therecruitmentcouncil.co.zw/

Workforce Management Centre Website: http://www.workforce.co.zw/

People Connect Africa Website: https://www.peopleconnectafrica.com/

Innovate CVs Website: http://www.innovatecvs.com/

Careerlink Recruitment Agency Website: http://careerlink.co.zw/

Jobs Today Website: https://jobstoday.co.zw/

Zimrecruiters Website: http://www.zimrecruiters.com/

Expat-Dakar Website: https://www.expat-dakar.com/

 

Necessary phone numbers in Zimbabwe

 

Emergency Services

    • Police: 995
    • Ambulance: 994
    • Fire Department: 993
    • National Emergency: 112

Health Services

    • AIDS and TB Helpline: 0800 322 322
    • Harare Central Hospital: +263 4 74871/9
    • Parirenyatwa Hospital (Harare): +263 4 290 5000
    • Mpilo Central Hospital (Bulawayo): +263 29 226 441-8
    • Emergency Medical Rescue Ambulance: 0773 911 119 / 0712 616 116

Tourism and Travel

    • Zimbabwe Tourism Authority: +263 242 575 751-9
    • Zimbabwe Parks and Wildlife Management Authority (ZPWMA): +263 4 707 600-9

Embassies and Consulates

    • United States Embassy: +263 867 701 1000
    • British Embassy: +263 4 8585 000
    • Canadian Embassy: +263 4 8585 000
    • Australian Embassy: +263 4 853 235
    • South African Embassy: +263 4 253 706/15

Utilities and Services

    • ZESA (Electricity): 0242 708 118-21 / 0800 4222
    • City of Harare (Water): +263 4 700 717/8 / 0800 4722
    • TelOne (Landline and Internet): 0800 4750 / +263 4 700 466/ 702 201-10
    • Econet (Mobile Network): 111

Zimbabwe Revenue Authority (ZIMRA)

    • General Inquiries: +263 242 703 501-5 / 0808 2300
    • Customs and Excise: +263 242 703 201-5

 

 

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