A Laws.Africa project
16 January 2004

Zimbabwe Government Gazette dated 2004-01-16 number 6

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                                                                                    ZIMBABWEAN                                                           1

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                                    GOVERNMENT GAZETTE
                                                                                 EXTRAORDINARY
                                                                                      Published by Authority

                                Vol. LXXXII, No. 6                                   16th JANUARY, 2004                                                      Price $600,00
    *9                       General Notice 41 of 2004.                                                  Any person who ha^ objection's to the proposed merger or
                                           BANKING ACT {CHAI’mi^4:0I\                                  representations in connection therewith shall lodge the same, in
                                                                                                       writing, with the Registrar of Banking Institutions, Private Bag
    ■                                                                                 >                7705, Causeway, Harare, not later than the 6th February, 2004.
             ^          .
                              Proposed Merger between Barclays Bank of Zimbabwe Limited                                                                    M. S. MPOFU,
                                        and Fincor Finance Corporation Limited                         16-1-2004.                        Registrar of Banking Institutions..
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i                               IT is hereby notified, in terms of section 25(4) of the Banking Act    General Notice 42 of 2004.
                             [Chapter 24:20], that Barclays Bank of Zimbabwe Limited and
                             Fincor Finance Corporation Limited, both incorporated under the                     LAND ACQUISITION ACT [CHAPTER 20:10]
                             laws of Zimbabwe and carrying on banking business have applied
                             to the Minister of Finance and Economic Development in terms                        Preliminary Notice to Compulsorily Acquire Land
                             of section 25(2) of the said Act for his approval of the merger
                             of Barclavs Bank of Zimbabwe Limited and Fincor Finance                     NOTICE is hereby given, in terms of subsection (1) of .section 5
                             i'.A         I
                                                                                                      'of the Land ,4cquisition Act [Chapter 20:10], that the President
                               Fincor I'inance Corporation Limited is a w holly owned subsidiary >     cccco.- .c requr? .■•.'erpois,.-!-y ;-e .land dstertihsdir.lie ScotdUe
                            of Barclays Bank of Zimbabwe Limited. The two financial                   for resettlement purposes.
                            iv.s’iitv.'.'.c.v.s }, bu'ader r.vige of ictivitles in the financial        A plan of the land is available for inspection at the following
                            service industry. In order to facilitate an integration of these          offices of the Mmistrj of Lands. Agr-iC-j\tare awSRrsrelRssev.k-'S^r
                    /       activities. Barclays Bank of Zimbabwe Limited, will acquire'and           between 8 a.m. and 4 p.m. from Monday to Friday other than on a
                             fake-over all the staff, assets and liabilities of Fincor Finance        public holiday on or before the 16th February, 2004.
               %:

0                            (Tirporation Limited in conformity with a Memorandum of
                             Agreement.
                               The agreement under which the merger is to be effected will be
                                                                                                         (a) Ngupgunyana Building. No. 1. Borrowdale Road, Harare;
                                                                                                         (b) Department of Lands and Rural Resettlement, CF 119, Gov­
                                                                                                             ernment Composite Block, Robert Mugabe Way, Mutare;
                             open for inspection by any person for a period of 21 days from the
                                                                                                         (c) Department of Lands and Rural Resettlement, Office 146,
                             date of publication of this notice at the following offices—
                                                                                                             Fourth Floor, Block H, Mhlahlandlela Government Com­
                             Harare Branches                   Bulawayo Branches                             plex, Bulawayo;
    ,j> ^
                              Barclay House,                 Main Street Branch                          (d) Department of Lands and Rural Resettlement, M & W
                              Cnr. Jason Moyo Avenue/        Cnr. Main Street/Eighth Avenue                  Building, Corner Park/Link Street, Chinhoyi;
                              First,Sheet___ ______ __ __ _________________        , .
                                                                                                      .....(e) Department of Lands and Rural Res^^^ent, First Floor.
                              Pearl House Branch T           Leopold I'akawira Branch
                              Cnr. Samora Machel Avenue/ Cnr. Leopold Takawira Avenue/
                              I eopold Takawira Street       Five .Avenue                                (f) Department of Lands and Rural Resettlement, 19, Hellet
                            J^dsoii Mandela Avenue__ ^       Belmont Branch                             i,
                                                                                                             Streep. Masvingo;
             L •                 Branch               ^      fd^Plunitree Rbad^ ’                       (g)^Department of Lands and Rural Resettlement, Exchange
                             ,Cnr. Nelson Mandela Avenue/                                                   Building, Main Street, Gwent;
                             Leopold Takawira Street
                                                                                                        (h) Department of Lands and Rural Resettlement, Office No.
                            Gweru Branch . .                   Kwekwe Branch                                F20, First Floor, Mtshabezi Building, Gwanda;
                            63, Main Street                    Stand 270, Nelson Mandela Way            (i) Department of Lands and Rural Resettlement, Ndodahondo
                            Mutare Branch                      Karol Branch                                 Building, Bindura.
                            Stand 90, Herbert Chitepo          43, Fred Jameson Avenue
                            Avenue                                                                       Any owner or occupier or any other person who has an interest and
                                                                                                      right in the said land, and who wishes to object to the proposed
                            Kndoina Branch                    Masvingo Branch                         compulsory acquisition, may lodge the same, in writing, with the
                            Cnr. Mukwati Street/Herbert       Cnr. Robert Mugabe Street/              Minislerof Lands, Agriculture and Rural Resettlement, Privatc^ag
                            Chitepo Avenue                    Leopold Takawira Avenue                 7701. Causeway, Harare, on or before the l'6th February, 2(X^.
                            Rusape Branch                                                                                                                  J.M.MADE,^
                            I Robert Mugabe Street/                                                                                        Minister of Lands, Agriculture
                                                                                                      16-1-2004.                                 and Rural Resettlement.
                            Herbert Chitepo Avenue




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