When a company proposes a project or an investment in Zimbabwe, it is asked for information and documents under the headings below. The checks may include visits to the company’s completed projects and inspections of its plant and equipment.
Download the due diligence guide (PDF, 3 pages, 2.2 MB)
What the guide asks for
- General company information: name, trade name, registration number, registered office, year of establishment, and a profile of key management and the board of directors.
- Financial: audited financial statements for the past three years, the fixed asset register, budgets and capital expenditure, contingent liabilities, tax assessments and any tax disputes, loan agreements, and insurance policies.
- Legal: the legal structure, certificate of incorporation, memorandum and articles of association, shareholding and shareholders’ agreement, leases and licences, and details of any litigation, investigations, environmental issues, fraud or disputes.
- Operations: site visits to completed projects.
- Proof of the availability of funds: equity (cash in the bank) and debt financing (signed or arranged loan agreements), and the plant, equipment, facilities, technology and skills available for the project, with past contracts for the last ten years.
- Human resources: the company’s organisation chart.
- Concession management: the company’s track record of investments in the region, and lessons learnt from them.
- Other information: any other documents that matter for the business, its finances or its prospects.