BUSINESS NEWS

Zimbabwe's corporate rescue law faces scrutiny

Corporate rescue - Zimbabwe's version of bankruptcy protection - is increasingly being tested as more companies turn to the law to avoid liquidation and preserve jobs.The legal mechanism, introduced ...

By Staff reporter | Published: 09 November 2025

BUSINESS NEWS

Telecel Zimbabwe enters voluntary corporate rescue

Telecel Zimbabwe, the country's smallest mobile telecommunications operator, has placed itself under voluntary corporate rescue effective 27 October 2025, in a move aimed at stabilising and reviving i...

By Staff reporter | Published: 29 October 2025

BUSINESS NEWS

CSC set to exit corporate rescue

The Cold Storage Commission (CSC), once one of southern Africa's largest meat processors, is poised to exit corporate rescue after its parent company, Mutapa Investment Fund (MIF), paid approximately...

By Staff reporter | Published: 21 October 2025

CONSTRUCTION & PROPERTY

Corporates leaving CBD in favour of suburbs

First Mutual Property (FMP) has reported a notable migration of corporate tenants from Harare's Central Business District (CBD) to suburban office locations, citing increased convenience and improved ...

By Staff reporter | Published: 06 May 2025

ZSE TODAY

ZSE falls as RBZ readies corporate OMO Bills to mop up excess liquidity

The stock market fell on Wednesday but at a much slower pace as investors have adopted a somewhat wait and see approach until the dust settles on the ongoing currency reforms that Treasury and the Res...

By Staff reporter | Published: 18 March 2020

FINANCIAL SERVICES

'Bureaus not allowed to transact with corporates'

Bureaux de Change are not allowed to transact with corporates or enter into twining arrangements with customers to prefund foreign currency purchases, according to a directive from the Reserve Bank of...

By Staff reporter | Published: 05 October 2019

BUSINESS NEWS

Corporate 24 Medical Aid launches new package

CORPORATE 24 Medical Aid has launched a new package meant for low-income earners called Ndine Plan.The medical aid package has three plans - Gold, Standard and Lite - which are meant for different seg...

By Staff reporter | Published: 27 April 2019

OPINION

Mnangagwa risks capture by corporate leaders

PRESIDENT Emmerson Mnangagwa's idea that the industrialists and bankers he met on October 29, 2018 should constitute and second some advisers from within their ranks to his office stinks of inviting c...

By Brian Sedze | Published: 16 November 2018

BUSINESS NEWS

Bad corporate governance affecting investment

FAILURE by local companies to adhere to good corporate governance practices has stifled efforts to attract capital for retooling among other things, a financial expert has said.Institute of Chartered ...

By Staff reporter | Published: 05 June 2018

BUSINESS NEWS

Making Zimbabwe Incorporated work

In 1998, Zimbabwe deployed its military to the Democratic Republic of Congo to fight rebels backed primarily by Rwanda and Uganda.Since then, Zimbabwe and Rwanda did their best to ignore each other. Z...

By Staff reporter | Published: 16 April 2018

TRANSPORT & TOURISM

Tourism body appoints corporate affairs head

THE Zimbabwe Tourism Authority (ZTA) has appointed former Zimpapers marketing and social media manager Mr Godfrey Koti as head of corporate affairs.He replaces Mr Sugar Chagonda who left the tourism a...

By Staff reporter | Published: 08 February 2018

BUSINESS NEWS

'Company secretaries key to good corporate governance'

Company secretaries play a pivotal role in ensuring good corporate governance is practised in the institutions they work for, according to the Institute of Chartered Secretaries and Administrators (IC...

By Staff reporter | Published: 27 September 2017

BUSINESS NEWS

Corporate incest at Cimas

Stakeholders in Cimas Medical Aid Society are questioning the seemingly incestuous relationship between board chair Mr Mordecai Mahlangu and the law firm that has been representing the company, Gill, ...

By Staff reporter | Published: 10 September 2017

ANNOUNCEMENTS

ZIMR.zw| Corporate Announcement

Zimre Holdings Limited published the following announcement:"We refer to recent press reports on the above which implied that ZHL is currently involved in discussions with FMLH for the merger of the t...

By A | Published: 04 July 2017

FINANCIAL SERVICES

Zimbabwe banks shun corporates, says AfDB

Zimbabwe's financial services now prefer lending to individuals in favour of risky corporate borrowers, the African Development Bank (AfDB) has said.In its March 2015 Monthly Report on Zimbabwe, the r...

By Staff reporter | Published: 22 June 2015

FINANCIAL SERVICES

CABS unveils new corporate identity

CABS is running unsecured payroll lending at $127 million and corporate sector loans amounting to just under $100 million including to the Distressed and Marginalised Areas Fund. Unveiling CABS new co...

By Conrad Mwanawashe | Published: 24 July 2014

OPINION

Of CEO salaries, corporate governance, corruption

Accounting and the function of parliament in ZimbabweOf late the local media has been awash with reports of the astronomical salaries being paid to CEOs of parastatals in particular the salaries of Ha...

By Patrick Ndlovu | Published: 10 February 2014

BUSINESS NEWS

Companies default on corporate tax

Zimbabwe's tax collector is owed over $500 million by companies through taxes making it difficult for the tax collector to meet revenue targets. This has forced the tax collector to engage government ...

By staff reporter | Published: 30 January 2014

BUSINESS NEWS

'Poor corporate governance behind corporate failures'

ZIMBABWE's struggling economy risks further weakening under the weight of corporate failures that have so far turned the country's key industrial heartlands such as Bulawayo into scrap yards, a centr...

By Staff reporter | Published: 21 November 2013

OPINION

The importance of Corporate Social Responsibility

In this week's newsletter, we tackle the importance of Corporate Social Responsibility (CSR), Corporate Social Investment (CSI) and the ethics surrounding both, in a global as well as South African co...

By Regenesys | Published: 07 November 2013

FINANCIAL SERVICES

Agribank to incorporate leasing

The Ministry of Agriculture, Mechanisation and Irrigation Development is working on a Statutory Instrument to allow Agribank to incorporate the functions of a lease bank as government tries to ensure...

By Staff reporter | Published: 01 November 2013

BUSINESS NEWS

ICSAZ launches Excellence in Corporate Governance Awards

The Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) has launched Excellence in Corporate Governance Awards to recognise corporate governance practitioners and organisations ...

By Chris Chinamhora | Published: 28 October 2013

BUSINESS NEWS

Corporate governance code limits multiple directorships

The proposed corporate governance code for Zimbabwe, work on which was recently completed, is expected to limit the number of boards an individual can serve on, DHM Legal Practitioners senior partner ...

By Staff reporter | Published: 30 September 2013

BUSINESS NEWS

Corporate governance values should be embedded in corporate DNA

Good corporate governance should be embedded within an organisation's corporate DNA, not be a policy document filed away in a cabinet, Institute of Chartered Secretaries and Administrators in Zimbabwe...

By Staff reporter | Published: 30 September 2013

BUSINESS NEWS

Chartered Secretaries discuss how corporate governance adds value

Chartered secretaries will discuss how stakeholder value can be enhanced through good corporate governance, when they meet in Victoria Falls on Friday (September 27) for their three-day annual confere...

By Chris Chinamhora | Published: 23 September 2013
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