POLITICS

Zifa engages creditors to clear debts

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...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

AfDB leading Zim, creditors talks to clear arrears

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...

By Staff reporter | Published: 08 May 2018

MINING & RETAIL

Colliery to honour employee creditors' agreement

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 ...

By Staff reporter | Published: 02 February 2018

FINANCIAL SERVICES

Defunct AfrAsia bank fails to pay creditors

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...

By Staff reporter | Published: 15 December 2017

MINING & RETAIL

ZimAlloys creditors approve $100m investment deal

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 ...

By Staff reporter | Published: 12 December 2017

MINING & RETAIL

Zimasco strikes deal with creditors

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...

By Staff reporter | Published: 11 December 2017

MINING & RETAIL

Zimasco engages creditors

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...

By Staff reporter | Published: 30 November 2017

INDUSTRIALS & ENERGY

Merlin postpones creditors' meeting

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...

By Staff reporter | Published: 28 September 2017

ANNOUNCEMENTS

BRDR.zw | Notice to Creditors

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...

By A | Published: 04 July 2017

FINANCIAL SERVICES

RBZ creditors agree to lower payments

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...

By Staff reporter | Published: 07 June 2015

ANNOUNCEMENTS

SACL | Scheme of arrangement between Starafrica and its Members and its Creditors

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...

By SACL | Published: 06 June 2014

TELECOMS & TECHNOLOGY

Creditors stall TelOne digitalisation

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...

By Staff reporter | Published: 17 April 2014

ANNOUNCEMENTS

SACL | Update on the scheme of arrangement between Starafrica and its Creditors

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...

By SACL | Published: 07 February 2014

ANNOUNCEMENTS

PHOE | Notice of the first members and creditors meeting

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...

By PHOE | Published: 07 February 2014

ANNOUNCEMENTS

PHOE | Results of the first members and creditors meeting

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...

By PHOE | Published: 07 February 2014

ANNOUNCEMENTS

SACL | Update on the scheme of arrangement between Starafrica and its Creditors

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...

By SACL | Published: 23 January 2014

INDUSTRIALS & ENERGY

Archer Clothing creditors submit final claims

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...

By Staff reporter | Published: 13 November 2013

ANNOUNCEMENTS

SACL | Update on the scheme of arrangement between Starafrica and its creditors

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...

By SACL | Published: 27 September 2013

MINING & RETAIL

BNC places 10% to creditors

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...

By Business reporter | Published: 20 September 2013

INDUSTRIALS & ENERGY

Steelnet calls for meeting with creditors

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...

By Business Reporters | Published: 04 July 2013
Pages:
1

Latest News

Latest Published Reports

Latest jobs