Services

First Mutual Life is a wholly owned subsidiary of Afre Corporation Limited (formerly First Mutual Limited) whose primary business activities are the provision of life assurance, retirement benefit products and other long-term financial security products.   The life assurance industry is currently comprised of many players, namely First Mutual Life, Old Mutual Life Assurance Company Limited, ZB Life, Fidelity Life Assurance of Zimbabwe Limited, Zimnat Life Assurance Company Limited, Altfin Life, Evolution, IGI  and CBZ life. First Mutual Life is currently the second largest life assurer in the market on a gross premium income basis.   Although most sectors had been affected negatively for the past few years by the economic downturn, the insurance industry has managed to work extensively on regaining consumer confidence and recent statistics reveal a welcome increase in new business sales. This emphasizes the success of the industry in reforming itself and winning back the faith of the Zimbabwean consumer.   In efforts to diversify services that meet clients’ needs and various tastes, First Mutual Life offers a wide range of insurance services. In addition, a regional expansion programme is being actively pursued.   Prospects The company sees opportunities in the future that will arise out of providing a consistently high level of service through improved technology and above average investment returns, as well as the replication of its successful model throughout the region. Several markets in the region are currently being examined and considered.   Competitive Advantages First Mutual Life has significant advantages and strengths at its disposal, which include:   A strong distribution network First Mutual Life has branches and agents throughout the country. The company currently employs salaried staff, who are complemented by tied agents and independent agents.   A good reputation with clients and regulators The company's life business has enjoyed a high reputation for quality service delivery and superior investments returns, which First Mutual Life is conscious of the need to maintain. First Mutual predecessor, the Society, had an exceptionally good and close relationship with industry regulators, a situation that has prevailed for many years and which First Mutual Life is committed to maintaining.   • We offer unique and comprehensive product solutions • We allow you access to your life insurance cover in times of need • We guarantee objectivity when we assess claims • Your whole body system is covered • We offer global protection • Your benefits change according to how your needs change • Skilled and committed staff   First Mutual Life has a comprehensive program for the continuous development and up-skilling of its staff and agents. Incentives for relevant academic achievement are in place, along with sound human resources practices.   High quality products and services First Mutual Life boasts a highly skilled personnel base whose expertise has been instrumental to the culture of continuous innovation that has ensured a consistent provision of relevant and quality products designed to suit a changing market. The products and services offered which include:   Medical cover   First Mutual Medical Savings Fund Individual Business   • Platinum Plan • University Cover Plan • Funeral Cash Plan • Wealth Life Plan • Ultimate Life Plan • Employee benefits   Retirement Benefits • Preservation Fund These are sufficiently diverse to ensure maximum choice and flexibility for customers.

We offer you a complete sound and audio visual service using the highest standard of equipment and a wide range of music. Our members have many years of experience at weddings, corporate functions, product launches as well as a wide variety of other functions. We have worked at most of the venues in Kwa Zulu Natal and can assist with ideas on set up and feel of venues.  Our members pride themselves on making each function memorable and unique, whether it be a wedding or 60th birthday party. We can provide music and audio visual equipment for any function anywhere in KZN with professionalism, competitive rates and a first class service to match

A non-profit organisation that promotes women and child rights and HIV/AIDs interventions, headquartered in Kisumu, Kenya. Development Knowledge Link Africa (DEVLINK) is a civil society organization committed to the promotion of human rights for women and children with special emphasis on poverty, health and socio-cultural factors that lead to gender disparities in our community. It was registered in Kenya under the NGO Coordination Act in April 2003 as a National Non-Governmental Organization and Non-profit making organization with a mandate to work countrywide.  \DEVLINK is engaged in several frontline human rights initiatives geared towards health promotion, dignified livelihood and access to justice by the poor and vulnerable in our community.

MOJUFISC is a competent team which from inception, has been in perpetual partnership and collaboration with numerous Law and Fiscal/ Tax Firms. We are comprised of experienced Legal professionals predisposed to furnish legal succor and redress to you in challenging fields such as; Family Law, Business Law, Insurance Law, Labor Law, Banking Law, Land Tenure etc. We are also bestowed with a number of Certified CEMAC Tax Consultants. SERVICESOnline legal counseling Legal assistance and Representation Drawing-up of company articles of association, Establishment of Deeds, Labor contracts, Lease agreement, Management reports etc. Domiciliation of company head quarters/Registered office Transformation of companies( Merger, scission, reduction and increase of authorized capital, etc) Legal assistance and orientation on investments within the OHADA zone (Incorportaion of companies, etc) Legal Secretary ship Analyse fiscale Analyse des projets de financement Analyse juridique  

A firm of Namibian Commercial Attorney. We are able to assist in the development of your business in Namibia. In addition to our core business, which is the practice of law in Namibia, we assist a number of international clients in structuring, commencing and managing their operations in Namibia.     Our services include the drafting and reviewing of commercial agreements, preparing and submission of merger notices with the Namibian Competition Commission, conducting of Namibian legal due diligence exercises, advising on the appropriate corporate governance structures, advising on applicable Namibian Law and structuring of business operations.     We further have specialised skills pertaining to trust and estate planning.  To this extent we regularly present courses on Namibian estate planning.   We trust that our website will provide you with a broad overview of the services rendered by our firm of Namibian Attorneys.  Should you require further information on how we can add value to your Namibian operations, you are invited to contact us.   NAMIBIAN CORPORATE STRUCTURES When investing in Namibia one of the first aspects to be considered by an investor is the type of entity or structure through which the operations in Namibia are to be conducted.   It is important to note that Namibia has no restrictions on the ownership of shares in Namibian entities by foreign nationals.  The exception to this rule applies to agricultural land.  No foreigner is allowed to own a majority of the shares in any entity that is the owner of agricultural property.    In Namibia a business can be run and property purchased through companies, closed corporations and business trusts.     Namibia further has different types of companies which are incorporated in terms of the provisions of the Namibian Companies Act; i.e. Public Namibian Companies and Private Namibian Companies.   In terms of Namibian law, an entity which has been incorporated has a distinct and separate legal personality.  Under most circumstances a shareholder can not be held liable for the liabilities of the entity.   There are however certain exceptions to this rule in terms whereof a shareholder or director may be held liable should such a person have acted in bad faith in breach of the provisions of the Companies Act.     Should you require a Namibian Company or Namibian Close Corporation we are able to assist therein.  We regularly assist clients in the incorporation of Namibian Companies as well as Namibian Close Corporations.  We have further pre-registered a number of shelf companies and shelf close corporations.  These are entities that have not traded that have been registered with the objective of providing clients with a incorporated Namibian entity should they urgently require same.     We further assist clients in the registration of Namibian Trusts.  A Namibian Trust provides a vehicle through which assets can be held, whilst being removed from the personal estate of the founder.  Namibian trust law provides interesting and unique opportunities to individual investors.  The Namibian Income Tax Act provides for a beneficial tax regime towards Namibian Trusts.     PROTECTION OF FOREIGN INVESTORS IN NAMIBIA A further practical concern faced by new investors to Namibia pertains to the protection of their investments in Namibia.   Foreign investors to Namibia are protected by the provisions of the Namibian Foreign Investment Act.  In terms of the provisions of the act a foreign investor may not be treated differently to a local Namibian .  This provision in the Namibian Foreign Investment Act ensures that investors to Namibia can be assured of  a measure of security which is not normally present with investments in developing countries.  A foreign investor to Namibia will therefore have all the protections that are available to Namibians, together with the additional protections and benefits offered by the Namibian Foreign Investment Act.   A Certificate of Status Investment may be issued in terms of the Namibian Foreign Investment Act to a investor of whom the Minister is satisfied that the investor has invested (r intends to invests) an amount of no less than N$ 2 million in Namibia. A person to whom a Certificate of Status Investment in terms of the Foreign Investment Act has been issued obtains certain rights.  These rights include the right to repatriate foreign capital from Namibia.   We have experienced that once an investor has obtained a Namibian Certificate of Status Investment he normally also has less difficulty in obtaining a Namibian Employment Permit.    NAMIBIAN TAXATION The Namibian income tax system is based source based regime. It is therefore not concerned with where a taxpayer is domiciled, but rather takes into account the source of the  income has been earned.  Should such income be from a Namibian source or a deemed Namibian source, the income will be taxable in Namibia.   Non-residents temporarily employed in Namibia, or a foreign company trading in Namibia, will be deemed to have earned the income relating to the services or goods in Namibia.  The income will therefore be taxable in Namibia.  This situation may be regulated by a double-taxation agreement which may alter the situation. Investors are however advised to obtain specific advice prior to relying on a double taxation agreement.    Individuals in Namibia are taxed on a marginal scale over a series of income brackets, while Namibian Income Tax is levied on legal entities at a rate of 34% on taxable income (less allowable deductions) which is derived from a Namibian source.  .   Namibia further levies value added tax (VAT) on all transactions entered into by a registered vendor.  VAT is levied at a rate of 15%.  A registered enterprise is allowed to reclaim input VAT on its inputs. In order to be able to reclaim (deduct) the VAT which is paid on local purchases or on imports a person or entity should first be registered as a VAT vendor.   Namibia further imposes number of withholding taxes on a broad range of payments to foreign entities.  Unless a foreign investor correctly structures its operations, these withholding taxes may severely impact the profitability of its Namibian operations.