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Corpus Legal Practitioners > Articles posted by Admin (Page 5)

2022 National Budget opinion piece – TAX INCENTIVES WILL BOOST FOREIGN DIRECT INVESTMENT

10 November 2021 The outbreak of the Coronavirus disease 2019 (Covid-19) was a global public health crisis, that hit the Zambian economy and the world economy hard. We believe that the reintroduction of tax incentives will encourage investment and give investors the necessary relief they need to recover from the disastrous impact of Covid-19. To note further that the Government in its quest to foster entrepreneurship and ensure that Zambian citizens are at the forefront in driving industrialization has reduced the investment threshold for a Zambian citizen operating in the MFEZ and industrial park to USD 50 000.00. Further, the Minister of Finance announced...

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2022 National Budget opinion piece – Mining, Energy and Infrastructure

05 November 2021 “We anticipate that the new Government, following the regime change, will introduce or enhance policy around the following key sectors which are areas of interest for us and our clients: 1. mining - pro investor tax regime and policy framework to unlock prospective investments to target an increase of copper production from about 2,000,000mt to 3,000,000mt and some of these are already reflected in the proposed 2022 budget which removes the thorny issue of non-deductibility of mineral royalty tax against corporate tax; 2. energy – is expected to introduce fundamental reforms that will restructure the fuel supply chain and promote an energy...

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Zambia’s Kafue Gorge Lower

We aim to lead in each practice and area of law we work in. Coming from in-depth understanding of the law and the industry, capitalizing on extensive experience, we provide hands-on advice that speaks the language of our client’s business. Whether in aviation, sales and distribution, antitrust, corporate and M&A, finance, employment, energy, IP, litigation, TMT, real estate, or any other area of law, our clients can expect excellence and commitment to their objectives. Ensuring the operational functioning of the organisation, the development of external relations, management of press relations and constant communication with the press....

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The Citizens Economic Empowerment (Transportation of Heavy and Bulk Commodities By Road) (Reservation) Regulations, SI No. 35 of 2021

Author: Jackie Jhala, Mwila Balungu Date: 06 May 2021 The President of the Republic of Zambia, His Excellency Dr. Edgar Chagwa Lungu, signed the Citizens Economic Empowerment (Transportation of Heavy and Bulk Commodities by Road) (Reservation) Regulations, Si No. 35 of 2021 (the “Reservation Regulations”) on 30 April 2021, pursuant to section 21 of the Citizens Economic Empowerment Act No. 9 of 2006 (the “CEEA”). Section 21 of the CEEA empowers the President, via Statutory Instrument, to reserve specific areas of commerce, trade, and industry for targeted citizens, citizen empowered companies, citizen influenced companies and citizen owned companies. The Reservation Regulations came into...

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The Citizens Economic Empowerment (Transportation of Heavy and Bulk Commodities by Road) (Reservation) Regulations, 2021

Author: Jackie Jhala, Mwila Balungu Date: 05 May 2021 The Citizens Economic Empowerment (Transportation of Heavy and Bulk Commodities by Road) (Reservation) Regulations, 2021. The President of the Republic of Zambia, His Excellency Dr. Edgar Chagwa Lungu, signed the Citizens Economic Empowerment (Transportation of Heavy and Bulk Commodities by Road) (Reservation) Regulations, 2021 (the “Reservation Regulations”) on 30 April 2021, pursuant to section 21 of the Citizens Economic Empowerment Act No. 9 of 2006 (the “CEEA”). Section 21 of the CEEA empowers the President, via Statutory Instrument, to reserve specific areas of commerce, trade, and industry for targeted citizens, citizen empowered companies, citizen...

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The Cyber Security and Cyber Crimes ACT

Author: Jackie Jhala, Rabecca Banda Date: 26 April 2021 The Cyber Security and Cyber Crimes Bill was assented into law by the President of the Republic of Zambia, His Excellency Dr. Edgar Chagwa Lungu, on 24 March 2021 and consequently enacted into law by the Cyber Security and Cyber Crimes Act No. 2 of 2021 on 1 April 2021. The Act has introduced elaborate provisions relating to cyber security and cyber crimes in Zambia. [embeddoc url="https://corpus.co.zm/wp-content/uploads/2021/11/Cyber-Security-and-Cyber-Crimes-Act-Legal-Alert.pdf" download="all" viewer="browser"]...

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Guide to Enforcement of Foreign Money Judgments and Arbitral Awards – Zambia Chapter

Author: Sydney Chisenga Date: 02 February 2021 The Zambian chapter of the Guide to Enforcement of Foreign Money Judgments and Arbitral awards was authored by Sydney Chisenga, The Managing Partner at Corpus Legal Practitioners. we hope that you will find the information useful. [embeddoc url="https://corpus.co.zm/wp-content/uploads/2021/11/Zambia-Enforcement-Guide-Chapter-002.pdf" download="all" viewer="browser"]  ...

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Guide to Enforcement of Foreign Money Judgments and Arbitral Awards

Author: Sydney Chisenga Date: 01 February 2021 Corpus Legal Practitioners is a member of Lex Africa which is an Alliance of African Legal firms with a membership of 26 countries. Each member is an independent law firm whose key specialist focus is on general corporate and commercial law as well as litigation and dispute resolution. Corpus contributed to the Guide to Enforcement of Foreign Money Judgments and Arbitral Awards. We hope you will find the information in the guide useful. [embeddoc url="https://corpus.co.zm/wp-content/uploads/2021/11/LEX-Africa-Enforcement-Guide-Digital.pdf" download="all" viewer="browser"]...

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Corpus Newsletter Sep – Dec 2020

Date: 23 September 2020 We are pleased to share with you the Sep-Dec edition of our newsletter, Insight, that highlights some of the pertinent legal and commercial developments in our country. In this issue we look at how businesses can cope in the 'New normal', we introduce our new managing partner & other new staff and share the latest changes in laws. [embeddoc url="https://corpus.co.zm/wp-content/uploads/2021/11/Corpus-Newsletter-Sep-Dec-2020.pdf" download="all" viewer="browser"]  ...

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