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ANNUAL GENERAL MEETINGS & GOOD CORPORATE GOVERNANCE

By Adrian, Compliance and Governance Officer at Corpus Globe Corporate Solutions (CGCSo)

Section 57(3) of the Companies Act No. 10 of 2017 allows private companies to dispense with the holding of Annual General Meetings (AGMs), other than the first financial year if all members agree in writing, but overreliance on this provision risks undermining good corporate governance.

The Importance of Professional Clearance as a Prerequisite for Employment Permit Applications in Zambia

By Marian, Immigration Specialist at Corpus Globe Corporate Solutions (CGCSo)

Zambia’s immigration framework is structured to ensure that foreign nationals seeking employment within its borders meet specific professional and regulatory standards. One of the key prerequisites for an Employment Permit application is obtaining Professional Clearance, which serves as official recognition of an individual’s qualifications and eligibility to practice in Zambia.