Mnangagwa's Zimbabwe faces bankruptcy

ZIMBABWE has been named among seven countries destined to go broke by year end if it does not address its basket of economic and financial woes, a United Kingdom-based company has said.Love Money, a U...

By Staff reporter | Published: 18 March 2018


Turnall on the brink of bankruptcy

Roofing and piping products manufacturer, Turnall Holdings, has approached the RBZ seeking a $10 million bailout package it requires to retire toxic debt. Turnall is saddled by a $15 million debt, whi...

By Staff reporter | Published: 12 January 2018


Bankruptcy court approves Patriot Coal labor deal

New York-A U.S court approved a labor deal between bankrupt Patriot Coal Corp (PCXCQ.PK) and its miners' union on Tuesday, putting the company on track to emerge from bankruptcy by the end of the year...

By Reuters | Published: 21 August 2013

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