Ear wax, as you read above, is a substance naturally produced in your ears. The ceruminous glands of your outer ear canal secrete cerumen, which then mixes with dead skin cells and skin oil (sebum) to produce the waxy, oily stuff you call ear wax.
The ZDA Act regulates both local and foreign investment in the Country and the ZDA promotes and facilitates both local and foreign investment. CORPORATE GOVERNANCE. Corporate Governance on the country is primarily governed by the Companies Act Chapter 388 of the laws of Zambia (âCompanies Actâ). The Company Act provides for the formation, management, administration and winding up of Companies.
THE COMPANIES ACT AND PRESCRIBED OFFICER EMPLOYEES. Sections 75, 76 and 77 of the new Companies Act, 2008 (the Act) impose important duties and liabilities on directors of companies. To a significant extent these provisions are not new and reflect existing common law duties or were contained in previous legislation.ection 77 provides that a prescribed officer may be held liable for any loss, cost or damages suffered by a company in accordance with the common law principles relating to breaches of a fiduciary duty arising from a failure to comply with the provisions of sections 75 and 76.