Dates:
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:

  • Deconstruct the Exchange Control Act of Zimbabwe
  • Understand the latest Exchange Control Regulations
  • Hear what the Zimbabwe Reserve Bank is Doing to Solve and Manage the Foreign Currency Shortage
  • Receive Practical Tips and Advice for Companies Operating in Zimbabwe
  • Look at FCA Accounts in Detail as an Alternative
  • Understand Current Account and Capital Account Transactions
  • Learn how to Manage Returns to the Reserve Bank
  • Understand Authorised Dealers and how they Operate

 

CO-FACILITATED BY MR. VENGAI MADZIMA, OF LEADING ZIMBABWE LAW FIRM:
Titan Law

 

DESIGNED FOR THE FOLLOWING JOB FUNCTIONS, ACROSS ALL INDUSTRIES:

  • Chief Executive Officer / Managing Director / Country Manager
  • Chief Financial Officer / Financial Director / Financial Manager
  • Chief Operations Officer / Head of Operations
  • Accountant / Bookkeeper
  • Head of Legal / Lawyer
  • Head of Compliance / Compliance Officer

Attendee Fees:

1 Day Exclusive Briefing: R6900
Register 3 or more delegates: R5900 each

1 Day Exclusive Briefing: USD490
Register 3 or more delegates: USD440 each


Featured Downloads:


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. 

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Mr. Vengai Madzima

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. 

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