Zifa will start engaging its creditors this week to come up with a payment plan as the new leadership led by Felton Kamambo begins efforts to turn around the fortunes of the association.The associatio...
The African Development Bank is leading talks with Zimbabwe and its creditors to make plans for the nation to pay off some of its arrears so it can restore relations with lenders, said Akinwumi Adesin...
HWANGE Colliery Company Limited (HCCL) has assured its employee creditors that it will comply with the provisions of a scheme of arrangement agreed upon last year.The firm's scheme of arrangement was ...
AFRASIA Bank Zimbabwe says it will not be able to pay its creditors this year due to ongoing legal proceedings and an acute shortage of money on the market, which have delayed liquidation of the colla...
CREDITORS have approved a $100 million investment deal paving way for the revival of Gweru-based giant ferrochrome producer, Zimbabwe Alloys, an official said.The firm has been on judicial management ...
KWEKWE based chrome smelting company, Zimbabwe Mining and Smelting Company (Zimasco), has agreed on a scheme of arrangement with its creditors and is set to be removed from judicial management next mo...
Kwekwe-based chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco), met its creditors yesterday to deliberate on the proposed scheme of arrangement. This comes after Zimasco, which is...
THE High Court in Bulawayo has postponed Merlin's creditors and members' meeting to October 18. The creditors and members' meeting was supposed to be held at the High Court in Bulawayo yesterday.In an...
Border Timbers sets Creditors and Members meeting for Thursday January 26, 8:30am at Master's House, Herbert Chitepo Avenue, Harare and Friday January 27, 8"30am, Mutare Hall, 1 Queensway Road, Mutare...
The Reserve Bank of Zimbabwe (RBZ) is negotiating with creditors in an effort to reduce and find ways to pay off its staggering $1,35 billion debt.John Mangudya, the RBZ governor, told Parliament this...
1. SCHEME OF ARRANGEMENTThe Scheme of Arrangement between Starafricacorporation Limited (“the Company” or “Starafrica”) and its members and creditors (“the Scheme Members”), which was sanc...
The country's fixed telecommunications operator, TelOne, says it is failing to complete the digitalisation of its exchange centre in Gweru due to failure by its customers to settle debts. TelOne is ow...
The Scheme of Arrangement between Starafricacorporation Limited ("the Company" or "Starafrica") and its members and creditors ("the Scheme Members"), which was sanctioned by the High Court on 7 August...
Notice is hereby given that the first meeting of members and creditors of Phoenix will be held on Wednesday the 29th of January 2014, at the High Court of Zimbabwe, Mapondera Building, Samora Machel A...
Shareholders are hereby advised that all resolutions put to vote at the first meeting of Members and Creditors of Phoenix Consolidated Industries Limited held on Wednesday the 29th of January 2014 wer...
1. SCHEME OF ARRANGEMENTThe Scheme of Arrangement between Starafricacorporation Limited ("the Company" or "Starafrica") and its members and creditors ("the Scheme Members"), which was sanctioned by th...
BULAWAYO-based textile firm Archer Clothing (Pvt) Ltd creditors would this month submit their final financial claims as the troubled firm's liquidation draws to a close.According to officials from the...
The Scheme of Arrangement between Starafricacorporation Limited and its lenders and creditors ("the Scheme") was overwhelmingly voted for at the creditors' meetings held on 5 June 2013. The Scheme was...
Bindura Nickel Corporation shareholders have approved the conversion of some of the mining group's liabilities into equity in a move that will see the company placing shares translating to a 10% stake...
Steelnet (Private) Limited members and creditors will hold their first meeting at the High Court of Zimbabwe on Wednesday next week.According to a statement by the company, which is now under liquida...