Minority shareholders may be prejudiced by majority shareholders due to lack of voice. The Companies and Other Entities Act (Chapter 24:31), (“the Act”), provides for the protection of minority shareholders
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Shareholders A company’s shareholders or members are the owners of the business. They appoint directors, also called the board of directors. The board plays an oversight role by, inter alia,
Contracts A valid contract or agreement, depending on its type, for example of sale, addresses aspects such as the parties and their capacity to act, consensus, offer and acceptance, goods
A deal and contractual provisions A deal, in simple terms, can be described as an agreement entered into by two or more people or parties establishing a business arrangement for
Bank loans, also known as borrowing facilities are a long established way of financing a business for both working capital and capital expenditure if the tenure is short term or
During periods of economic uncertainty a business should prioritise its survival. In the current situation there is global uncertainty brought about by the COVID-19 pandemic. Some of the challenges emanating
Globally the COVID-19 pandemic is wreaking havoc in many ways. These include loss of life, reduced economic activity and pressure on the health delivery system. On the business front local
I am sure we are all now familiar with COVID-19 and its global disruptions and destruction. No doubt the pandemic is causing untold suffering and loss of precious lives globally.
A deal, in simple terms, can be described as an agreement entered into by two or more people or parties establishing a business arrangement for financial gain. A deal can
Joint venture In a joint venture (“JV”) two or more parties, usually investors or existing businesses, join hands for purposes of carrying a business for mutual benefit. A joint venture
