Many countries already use Real Estate Investment Trusts, but Zimbabwe just started exploring this approach. These trusts help both big companies and everyday people put money into buildings that make cash. Think of them as clubs where many investors pool their money to buy apartments, offices, or shopping centers they couldn't afford alone.
Zimbabwe created special rules for these investment groups. The government watches them through the Securities and Exchange Commission based on several financial laws. Every trust needs official paperwork called a Notarial Deed that three different parties must sign together.
The first person helps create the trust and typically invests the most money. The second person manages how the trust...
Zimbabwe created a new group called the Real Estate Investment Trusts Association (ZIMREIT) in July 2023. The Zimbabwe Stock Exchange teamed up with market players to launch this organization in Bulawayo. They want ZIMREIT to make real estate investment trusts more popular across the country. They also plan to teach regular people how these investments work and advocate for REIT interests with government officials.
ZIMREIT picked its first leadership team when it started. Dr. Mike Juru leads the group as Chairperson, with Mrs. Sandra Musevenzo serving as his deputy. The board includes ten additional members: Bevin Ngara, Alfred Mthimkhulu, Chipo Hlabangana, Isaac Isaki, Farai Chizengeni, Patience Dhliwayo, Hamandishe Nhiwatiwa, Welcome...
You can't notarize Zimbabwean documents online yet. Although our digital economy keeps growing, Zimbabwe's laws haven't caught up with online notarization. You must visit a notary public in person to handle your documents. The digital option doesn't exist here despite being available elsewhere around the world.
The law requires physical presence for legal notarization. The case Knuttel N.N.O & Others v Bhana & Others from 2021 confirms this requirement. Many countries have moved toward remote notary services, but Zimbabwe remains traditional with this process. You'll need to plan for an in-person appointment instead of handling it from your computer.
Kids need special papers when they travel outside Zimbabwe. Many countries ask for these papers when you bring a child along. Airport staff and border guards often check for travel consent forms from parents. You must have both your child's birth certificate and a notarized permission form ready before your trip.
These papers help protect children from being taken across borders without proper approval. Zimbabwe still requires in-person notarization for these travel forms. You must visit a notary public to make the document official before your trip. Your travel consent form needs specific details.
Make sure you include both parents' names or the legal guardian's name. Add the travel dates, how you plan to travel, how long the child...
A notary public plays a key role in Zimbabwe's legal system. Anyone who wants to be a notary must have their name listed in the official register under section 3 of the Legal Practitioners Act. These professionals carry an embossed seal they press into documents to make them official. When they stamp papers with this seal, it shows the documents are real and properly signed.
The seal of a notary works everywhere in the world. Courts recognize these stamps as proof that papers are authentic, as shown in the 2006 case Tawanda v Ndebele. A notary can translate documents between English and any other language used in Zimbabwe or from other countries. They also handle protests about shipping delays and supervise lottery drawings for...
The Zimbabwe law defines a notary public as anyone listed in the register of legal practitioners, notaries public, and conveyancers according to section 3 of the Legal Practitioners Act. These professionals create several important legal papers for clients, including marriage contracts before wedding ceremonies, special lease agreements, and documents about property use rights. They also prepare official bonds, permission letters for others to act on your behalf, trust arrangements, and last testaments for after death.
When you visit a notary public, bring your current passport or national ID card with you. You must also carry the original papers you want them to authenticate or witness. The notary needs these items to verify your...
When you want to challenge government buying decisions in Zimbabwe, you need to send your paperwork to the right place. The law states you must apply through the Public Procurement Regulatory Authority, known as PRAZ. This comes from section 74 of the Main Procurement Act and section 56 of the related rules created in 2018.
PRAZ handles all the office work for review panels, taking care of the daily tasks needed to organize these challenges. They act like the front desk for the entire review system. Every proper application needs three key items: your filled-out challenge form, any proof documents that back up your claims, and legal permission papers if someone else files for you.
As soon as PRAZ receives your application papers, they...
If you want to challenge how the government buys things in Zimbabwe, you need to pay some money first. The law says you must put down cash as "security for costs" when you file your challenge. This comes from Section 73(4) of the Public Procurement Act and Section 44 of the related rules from 2018.
You pay this money directly to the government office buying the items, not to the Procurement Authority itself. Many people wonder if forcing them to pay money upfront blocks their right to fair treatment. The courts already answered this question in the Electricity Management Service case, saying the payment requirement stands and does not hurt your constitutional rights.
The security payment works like insurance for the system. It makes...
Procurement review panels cannot change their past decisions. After they make a ruling, the law says they completed their duty on that matter. The legal term "functus officio" describes this situation. A case between Tsholotsho Rural District Council and J Mambara shows this principle in action.
If someone dislikes what the panel decided, they must take a different path. They need to appeal to the Administrative Court instead of asking the panel to reconsider. The legal system works this way to maintain order and finality in decisions. We can see this process confirmed in the court case between the Twenty Third Century Company and the Minister of Higher Education.
