ChimukaMafungaCommercial Attorneys

FIRM PROFILE

About Us

ChimukaMafunga Commercial Attorneys

(CMCA) is a commercial law practice in

Zimbabwe with offices situated in Harare.

ChimukaMafunga Commercial Attorneys

render legal advice that is practical, relevant

and individually tailored to meet the specific

needs of each client. We believe that the best

advice is achieved by working in close

cooperation with our clients and developing a

thorough knowledge of each of our client's

business. This collaborative approach with our

clients enables us to provide workable,

operational and value-adding solutions for

both the short and long term. We provide

Innovative and commercially apt solutions.

“I am delighted to announce the inception of CMCA. Our goal is to build

our capacity in order to be strategically composed to meet the needs of our

clients and thereby proffer practical and effective solutions to them.”

Managing PartnerMrs. C.M. Mafunga

Values

At CMCA we take pride in providing our clients with value-adding solutions that are based on a thorough knowledge of their business. Our cooperation with clients is characterised by commitment and attentiveness, and we continually strive to remain a reliable and responsible partner in all respects.

Results We provide practical solutions with commercial and professional insight. Results.01Commercial Understanding We take the time to understand the business and needs of each client.02Spirited teamwork We stand together as a team, dedicated and attentive in our work with each other and with our clients.03CredibilityWe take responsibility for our actions, for our development and for one another.04

Our Expertise

Business rescue,Restructuring & Insolvency

Energy, Mining andinfrastructure

Tax Law

Intellectual property law Litigation & ADR

Finance and Banking

Corporate & InstitutionalCompliance

Real Estate, Securitization& Construction Law

Corporate & Institutional Compliance

Common guidelines and a consistently

high level of integrity in all parts of the

organisation are of decisive importance to

achieving permanent business success.

Enterprises often have a number of

employees, numerous cooperate partners

and widespread activities, including in

international growth markets which differ

greatly from our Zimbabwe markets in

terms of culture and business ethics

standards. In that regard, we advise

corporations in the negotiation, structuring,

implementation and monitoring of different

kinds of transactions, which advice

includes:

Ÿ Corporate and Trust formations, Ÿ Mergers and Acquisitions,Ÿ Regulatory compliance,Ÿ Stock exchange rules and

regulations,Ÿ Private equity investments,

Ÿ Corporate re-structure and re-

organisation,Ÿ Capital raising,Ÿ Corporate Governance,Ÿ Exchange Control Regulations, andŸ Employment Law.

Business rescue, Restructuring & Insolvency

A business in economic crisis means

uncertainty not just for the owners

and employees, but also for any

creditors. It is therefore important to

quickly identify the best possible

solution for the business and act to

minimise any losses suffered by the

parties involved. We advise on all

aspects of general contingency

planning in a distressed debt

environment, formal and informal

restructures, business rescue

proceedings and insolvencies. Our

advice is premised on fast and

informed recommendations that

identify solutions to maximise value

for the relevant business or creditor

– from a legal and commercial point

of view.

The energy and mining market is

characterised by complex market

structures and regulations. In-depth

knowledge of energy and mining policy

development and the regulatory and

financial frameworks that market

players operate within is essential to

successfully navigate this market. For

our clients in the energy, mining and

infrastructure industry, we advise on:

Ÿ Pro ject finance & Investment

advisory,Ÿ Partnerships and concessions, Ÿ Due diligence,Ÿ Drafting and review of agreements,Ÿ Regulatory approvals and advice, andŸ Environmental regulations law.

Energy, Mining and infrastructure

The financial sector is continuously changing

and heavily influenced by the global financial

markets. Now more than ever, especially after

the history of collapsing banks in Zimbabwe,

financial institutions need to perform under

strict regulation and evolving market

conditions. The requirements for companies

operat ing in the financial sector are

increasingly sophisticated and complex.

Maintaining a successful presence requires

specialist knowledge about the regulatory

Finance and Banking

environment and market conditions. With our professional approach, we have

the legal and commercial understanding of the need to improve efficiency and

performance in a strongly regulated sector. This means that we can help secure

our clients a strong position in the rapidly changing environment. We advise on

all aspects of banking and finance law, including:

Ÿ Corporate finance,Ÿ Acquisition financing,Ÿ Bonds, Ÿ Project finance,Ÿ Restructuring,Ÿ Financial Regulation,

Ÿ Loan Syndication,Ÿ Corporate Lending,Ÿ Real Estate Financing, Ÿ Asset Financing,Ÿ Exchange Control Regulations, and Ÿ Debt Management and Recoveries.

The industry works with some of the

economy's largest assets but is constantly

challenged by limited access to liquidity and

fluctuating profitability levels. Other industry

hurdles include an increasingly recognised

need for readjustment and development, and

particularly within building and construction –

a need for optimization for planning and

development to reduce the scope for errors

and defects, and increase earnings. While

Real Estate, Securitization & Construction Law

many have an opinion on real estate matters, we have knowledge about all

aspects of it – including buying and selling, leasing, construction and

development projects, and the public rules restricting the use of real estate. We

advise on: Ÿ Commercial and residential developments, sale agreements and lease

agreements,Ÿ Transfers of title as a result of or in terms of sale transactions, liquidations,

auctions, court orders, foreclosures, divorces, donations, deceased estates

and insolvent estates,Ÿ Financial structuring of property transactions,Ÿ Securitization of property deals,

Enterprises gain from the benefits of

incorporating in jurisdictions that are tax

efficient. ChimukaMafunga Commercial

Attorneys provides focused advice, planning

and litigation in the fields of both local and

international tax law and in relation to

questions company formations. We advise on

planning and litigation in the fields of

Zimbabwean and international tax law and in

relation to questions regarding VAT, Capital

Gains Tax, customs duties and indirect taxes.

Tax Law

In close cooperation with the firm's other practice areas and external partners,

we combine leading tax law expertise with strategic and commercial insight to

create innovative and integrated solutions. Our tax expertise include:Ÿ Taxation in connection with business formation and restructuring and tax

efficient jurisdictions,Ÿ Tax issues relating to the purchase and sale of businesses and real estate,Ÿ Tax issues in corporate re-organisation,Ÿ Succession planning,Ÿ Group taxation and joint taxation,Ÿ Tax litigation,Ÿ Taxation of individuals, andŸ Taxation of Financial products.

We recognize that intellectual property is one

the greatest assets that our clients hold, and

unlocking its value is a key element in any

business success. They are intangible assets

that, like physical property, can be financially

exploited through sale or licenses. Further,

effective protection of intellectual property

protects our clients' image, reputation and

goodwill. We have extensive knowledge on

the registration and robust enforcement of

intellectual property rights, both under the

Intellectual property law

Zimbabwe Intellectual Property Organisation (ZIPO) and African Regional

Intellectual Property Organisation (ARIPO) systems. We advise our clients on the

following:Ÿ Registration and/or assignment of trademarks, copyright, patents, industrial

designs and geographical indications,Ÿ IP licensing and assignment agreements,Ÿ Software development and maintenance agreements,Ÿ IP due diligence and audits,Ÿ Surveillance and enforcement of intellectual property, andŸ Litigation on infringement of IP rights.

Taking a matter to court is a big step for most

businesses, with a number of resource-

intensive challenges. It requires mastering

the lega l ru les , factua l deta i l s and

commercial considerations – and combining

these elements to present a logical and

convincing case. We conduct a large number

of complex cases before the Zimbabwean

courts at all levels, including the Supreme

Court. We have in-depth knowledge of the

formal processes and the pract ica l

Litigation & ADR

framework for structuring and presenting cases. With extensive knowledge of

the case law, we can guide our clients safely through negotiations, litigation and

alternative proceedings that are relevant to resolve disputes and ensure cost-

effective solutions. We identify all risks and opportunities down to the last detail

- legal as well as commercial - and create a clear strategy for your case.Our advice includes:Ÿ Dispute resolution,Ÿ Settlement negotiations,Ÿ Litigation, andŸ Arbitrations.

CHIPO M. MAFUNGA Co-Founding and Managing Partner

Chipo studied at the University of Cape Town and

obtained a Bachelor of Commerce in Economics &

Law and further read for her LLB with the University

of South Africa. Thereafter, she obtained a Post-

Graduate Certificate in International Construction

Law from Aarhus University in Denmark. Her career

commenced as an Investment Analyst for a Pan -

African stock broking firm for 6 years, before

training at one of Zimbabwe's leading commercial

Law firm for another 6 years. Chipo left the firm as

Associate Partner to co-found ChimukaMafunga

Commercial Attorneys. In the course of her career

Chipo gained unique insight on keeping focus

throughout high-pressure situations. Managing

deadlines efficiently and dealing with tense clients

have become second nature for her. At

ChimukaMafunga Commercial Attorneys, Chipo is

the Managing Partner and she deals mainly with

Real Estate, Securitization and Construction Law.

Partners

+263 78 279 8098 chipo@chimukamafunga.com

NORMAN CHIMUKACo-Founding Partner

Norman graduated from the University of

Zimbabwe with a Bachelor of Laws (Hons) and

began his career with one of Zimbabwe's leading

Commercial Law Practice and left the firm as an

Associate Partner to co-found ChimukaMafunga

Commercial Attorneys. Norman's experience is in

corporate strategies, executing business

transactions in Investment, Banking, Energy,

Mining and Infrastructure. He runs the Litigation

and ADR, Corporate and Institutional Compliance

as well as the Energy, Mining and Infrastructure

departments. He sits on the Boards of a number of

Zimbabwean companies and is a former Board

Member of the National Building Society. He has

successfully executed tactical legal initiatives for a

number of listed entities in Zimbabwe and abroad.

+263 775 267 373 norman@chimukamafunga.com

We are on the 9th Floor of the landmark ZB Life Towers. This

nineteen-storey office complex was built on the site of the original

Meikles hotel. The building is arguably one of Harare's most

attractive high-rise commercial buildings and prestigious business

addresses, with commanding views of the city and Africa Unity

Square right in the middle of the City's Financial District at the

physical address indicated below:

9th FloorZB Life TowersCnr Sam Nujoma Street /Jason Moyo AvenueHarareZimbabwe

Our contact numbers are as follows:

Tel: +263 242 254 531 242 254 532Tel: +263

Website: www.chimukamafunga.com Email: consult@chimukamafunga.com

CONTACT US

ChimukaMafungaCommercial Attorneys