294. Voting agreements among shareholders must be disclosed to the company and to the stakeholders.

295. All transactions involving property of the company whose value is equal to or in excess of 2% of the current assets of the company and which may affect the market price of the company’s shares must be disclosed.

296. Reasons for issuing new shares and the names of the purchasers, especially those who purchased or intended to purchase a large percentage of the shares , should be disclosed to the company’s stakeholders.

297. The company’s financial position should be disclosed as required by law, in particular –
(a) the net profit of the company as a whole, including the net operating profit, the net profit per share, and the net operating profit per share;
(b) debt to equity ratios;
(c) details of change in asset composition and structure over the three years preceding the reporting date;
(d) estimates of current and prospective liquidity of assets;
(e) profitability analysis;
(f) the percentage share of export income of the company, if any;
(g) assessment of the factors that influence the company’s financial position and the results of its financial operations in the preceding year; and
(h) market trends that are likely to affect the company’s financial position.

• According to the NATIONAL CODE ON CORPORATE GOVERNANCE ZIMBABWE