Corpserve Registrars (Private) Limited

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Frequently Asked Questions

Request for holding reports are done in writing addressed to the shareholder services department. Reports are then printed and dispatched after payment has been confirmed.

Companies listed on the ZSE have different policies regarding dividends. Ordinarily dividends are paid out when a company has made a profit. Companies that declare dividends are mandated to issue a dividend announcement in the local paper. You can also check our media updates for any dividends that have been declared.

Yes, however this is also possible by completing the bank account mandate forms on part “C” giving a third party mandate. After the  bank verification on part “D” ,the instruction must be submitted with the following documents:

  • Letter of acceptance  written the third party.
  • Certified copy of ID or passport of the third party.
  • Certified copy of ID or passport of the shareholder.
  • Can Corpserve reinvest my dividends? 

This facility is not available in Zimbabwe except when a dividend is declared with offer for script, one has to election the letter of election to receive shares.

Yes please download the bank Mandate Form. Please note the requirements on the form, submit the form and attached requirements to our offices.

Corspeserve has to be notified immediately by submitting a certified copy of death certificate and US$1.00 to facilitate notting of the system. We will then issue an evaluation certificate which is needed at the High Court to have the estate registered.

After High Court has issued letters of administration and Consent to transfer (ED15) , the executor has to submit the following documents to enable transfer of shares to the beneficiary:

  • Completed transfer form duly signed by executor.
  • Original share certificate(s)
  • Letter of administration from High Court.
  • Consent to transfer (ED15) from High Court.
  • Certified copy of death certificate.
  • Certified copy of executor’s ID or passport.
  • Certified copy of power of attorney if lodged by a third party.

NB: Letter of administration & Consent to transfer may be replaced by a certificate of authority which clearly states counter and number of shares. 

  • Transfer form must be fully completed indicating name of executor & capacity.
  • Ensure that name and address of person lodging the transfer form is correctly   entered.
  • Consent to transfer (ED15) must be original unless if it has other items besides shares.

In respect to representatives of registered shareholders e.g. Executors of Deceased Estates, the report must be submitted in writing supported by appropriate and legal documentation indicating the relationship between the shareholder and the representative e.g Power of attorney, letter of administration, master’s consent or letter of appointment.

Once your share certificate is lost, you are required to immediately advise us of the loss. Our office will then place a stop on the noted certificate. For the replacement of the certificate, you will be required to provide the following;

Requirements for replacing lost share certificate(s)

Stock Brokers

  • Fully completed indemnity form duly signed before a registered commissioner of oaths.
  • Letter of instruction on a letter head.
  • Proof of residence of the authorized signatory.
  • Certified copy of  ID or passport
  • US$5.00 processing fee for all other counters except Old Mutual which is US$30.00.
  • In case of Old Mutual Indemnity provide affidavit explaining circumstances of loss. 

Individuals.

  • Fully completed and signed indemnity form duly signed before registered commissioner of oaths.
  • Police report.
  • Proof of residence.
  • Certified copy of ID or passport.
  • US$5.00 processing fee on all other counters except Old Mutual plc which is US$30.00.
  • In case of Old Mutual Indemnity provide affidavit explaining circumstances of loss

Corporates

  • Fully completed indemnity form duly signed before a registered commissioner of oaths.
  • Police report.
  • Letter of instruction on a letter head.
  • Proof of residence of the authorized signatory.
  • Certified copy of ID or passport.
  • US$5.00 processing fee for all other counters except Old Mutual plc which is US$30.00.
  • Certified copy of CR 14 or association’s constitution.
  • If signatory is not a director or is not on the cr14, a board resolution must be provided.

Estate late documents.

  • Fully completed indemnity form duly signed before a registered commissioner of oaths.
  • Letter of administration or certificate of authority.
  • Certified copy of death certificate.
  • Proof of residence of the executor.
  • Certified copy of the executor’s ID or passport.
  • US$5.00 processing fee for all other counters except Old Mutual plc which is US$30.00.

Notes: All submissions should be of one person e.g. signatory of the letter of instruction should sign indemnity form; provide his proof of residence & copy of ID.

  • Person signing corporate indemnity forms should be on CR14.
  • All Stock brokers should ensure that we have their signature mandate forms.
  • In case of Old Mutual Indemnity, a separate affidavit is needed explaining in detail circumstances of loss and it replaces the police report.
  • If indemnifying on behalf of another person , certified copy of power of attoney is required or written consent by shareholder accompanied by certified  copy of ID or passport.
  • Provide full names in all cases.

Once your share certificate is lost, you are required to immediately advise us of the loss. Our office will then place a stop on the noted certificate. For the replacement of the certificate, you will be required to provide the following;

Requirements for replacing lost share certificate(s)

Stock Brokers

  • Fully completed indemnity form duly signed before a registered commissioner of oaths.
  • Letter of instruction on a letter head.
  • Proof of residence of the authorized signatory.
  • Certified copy of  ID or passport
  • US$5.00 processing fee for all other counters except Old Mutual which is US$30.00.
  • In case of Old Mutual Indemnity provide affidavit explaining circumstances of loss.

Individuals.

  • Fully completed and signed indemnity form duly signed before registered commissioner of oaths.
  • Police report.
  • Proof of residence.
  • Certified copy of ID or passport.
  • US$5.00 processing fee on all other counters except Old Mutual plc which is US$30.00.
  • In case of Old Mutual Indemnity provide affidavit explaining circumstances of loss

Corporates

  • Fully completed indemnity form duly signed before a registered commissioner of oaths.
  • Police report.
  • Letter of instruction on a letter head.
  • Proof of residence of the authorized signatory.
  • Certified copy of ID or passport.
  • US$5.00 processing fee for all other counters except Old Mutual plc which is US$30.00.
  • Certified copy of CR 14 or association’s constitution.
  • If signatory is not a director or is not on the cr14, a board resolution must be provided.

Estate late documents.

  • Fully completed indemnity form duly signed before a registered commissioner of oaths.
  • Letter of administration or certificate of authority.
  • Certified copy of death certificate.
  • Proof of residence of the executor.
  • Certified copy of the executor’s ID or passport.
  • US$5.00 processing fee for all other counters except Old Mutual plc which is US$30.00.

Notes: All submissions should be of one person e.g. signatory of the letter of instruction should sign indemnity form; provide his proof of residence & copy of ID.

  • Person signing corporate indemnity forms should be on CR14.
  • All Stock brokers should ensure that we have their signature mandate forms.
  • In case of Old Mutual Indemnity, a separate affidavit is needed explaining in detail circumstances of loss and it replaces the police report.
  • If indemnifying on behalf of another person , certified copy of power of attoney is required or written consent by shareholder accompanied by certified  copy of ID or passport.
  • Provide full names in all cases.

Please download the change of address form, complete it, sign it, scan and email it back to us.

No. If you wish to purchase shares you should contact any of the stockbrokers registered by the Zimbabwe Stock Exchange (ZSE), Below is a list of the stockbrokers that you may contact.

ABC Stockbrokers, 1st Floor, Heritage House, 67 Samora Machel Avenue, HARARE, Telephone: 752756 fax -781837

ABC Asset Stockbrokers, Endeavor Crescent, MT Pleasant Business Park, MT Pleasant, HARARE, Tel: 703071-9, 369270-9

Barclays Nominees P/L, Corporate Banking Centre, Birmingham Road Southerton ,754470-6

Datvest Nominees, 1st Floor, Cecil House, 2 Central Avenue, HARARE, Tel: 702809/724333/700871

E.F.E Securities, 8th Floor, Pegasus House, 52-54 S Machel Avenue, HARARE, Tel:  799122-5

Fidelity Life Asset Mgt (FLAM), 6th Floor North Wing, 101 K Nkurumah Avenue, HARARE, Tel: 791910/28/32/38/42/48, 251106-9

Imara Edwards, 1st Floor, Block 2, Tendeseka Office Park, S. Machel Avenue Club Chambers, HARARE, Telephone: 790090,791046

Imara Edwards Securities, 4 Fanum House, Cnr L. Takawira & Josiah Tongogara Street, BULAWAYO, Telephone: 09-74554

Interfin Securities, T/A Msasa Stockbrokers, 3rd  Floor NSSA Social  Security Centre, Cnr Julius Nyerere and Sam Munjoma Telephone: 738396, 738400/50 fax -704993

ISB Stockbrokers 5th floor Unity Court ,750915,750721-2

Kingdom Stockbrokers, 5th & 10th Floor Karigamombe Centre, 53 S. Machel Avenue, HARARE; Telephone: 758857/9, 774331/2, 749404 

Mast Stockbrokers, Samuel Leon Building, 52 Josiah Chinamano Avenue, HARARE, Tel:  252439, 252893, 252594, 794098

M B C A Bank Ltd, 14th Floor, Old Mutual Centre, 3rd Street, HARARE, Tel: 701636/52

M Lynton Edwards Stockbrokers, 129  K Nkurumah Avenue,cnr 5th/6th HARARE; Tel: 797031/796477/732272 

New Africa Securities, 10th Floor Old Mutual Centre, cnr  3rd/Jason Moyo HARARE, Tel: 799676/702127/702039

Platinum Securities, 1st Floor N/W MIPF Hse, 5 Central Ave, HARARE, Tel: 706881/2, 705082

Remo Investment Brokers P/L, 14 S Machel Avenue, Between Chinhoyi Street/Harare Street, HARARE, Tel: 798725-30

Renaisance Securities, 2nd Floor, NSSA Bld, Cnr S. Nujoma/J Nyerere, HARARE, Tel:  794932 ,794493

Stanbic Nominees, Stanbic Centre, 59 S Machel Avenue, HARARE, Tel: 759471, 759399

Tetrad Financial Services,Block 5, Aurandel Office Park,Norfolk Road, HARARE, Tel: 704272-5/704145-8

TA Prime Stockbrokers, 198 Herbert Chitepo Road, HARARE, Tel: 738400/732510