The Reserve Bank of Zimbabwe has suspended the 30-day liquidation requirement on un-utilized foreign currency balances for exporters to support its use of free-funds policy. Last week the RBZ announce...
By Staff reporter | Published: 31 March 2020
THE liquidation of Capital Bank is yet to proceed four years after its licence was revoked amid concerns over rising costs being accrued against the financial institution to the detriment of its credi...
By Staff reporter | Published: 06 July 2018
RANI Investments LLC, majority shareholder in, Limpopo Mining Resources (Pvt) Limited (LMR), has filed an application with the High Court seeking removal from liquidation due to a change in circumstan...
By Staff reporter | Published: 19 April 2018
GOVERNMENT-OWNED stationery retailer Kingstons Holdings could soon face an avalanche of lawsuits and writs of execution after the High Court revoked its provisional liquidation status.Kingstons was pl...
By Staff reporter | Published: 02 February 2018
The Insurance and Pensions Commission (Ipec) has approved the liquidation of Allied Banking Group Pension Fund, after it found it practicable to bring the fund into sound financial position.The liquid...
By Staff reporter | Published: 17 July 2017
Tetrad Investment Bank's future hangs in the balance as creditors and depositors meet for the last time today in the capital to decide the troubled financial institution's fate.At the last meeting hel...
By Staff reporter | Published: 21 June 2015
Renaissance Financial Holdings has implored the Reserve Bank of Zimbabwe to stop the National Social Security Authority from liquidating Capital Bank Limited saying the State-owned institution is not ...
By Staff reporter | Published: 26 February 2014
The liquidation hearing of Trust Bank Corporation has been postponed to next month after the Reserve Bank of Zimbabwe failed to file its heads of arguments in response to the opposing affidavit from ...
By Staff reporter | Published: 21 February 2014
GOVERNMENT has introduced a motion to stop the liquidation of troubled lint-processor, David Whitehead Textiles, saying the move would have adverse effects on workers, goods and services in the countr...
By Staff reporter | Published: 10 February 2014
More than 300 companies in Bulawayo and the Midlands applied for liquidation last year alone as the operating environment continued to worsen, records from the Bulawayo High Court have shown. Official...
By Staff reporter | Published: 28 January 2014
Leading precast wall manufacturer Durawall Private Limited (Durawall) is undergoing liquidation, the company owner confirmed to the Daily News yesterday.Durawall has already laid off about 240 employe...
By Staff reporter | Published: 13 December 2013
THE application for the liquidation of the country's sole manufacturer of knitting yarn, Karina Textiles (Pvt) Ltd was approved last Thursday. Karina Textiles shareholders had applied for liquidation ...
By Staff reporter | Published: 12 December 2013
EMBATTLED telecommunications company Valley Technologies was placed under final liquidation by the High Court, but the company's ownership remains unclear after both Nigel Chanakira and Zachary Wazara...
By Staff reporter | Published: 27 November 2013
BULAWAYO-based textile firm National Blankets (Pvt) Ltd creditors will next month submit their financial claims as the troubled firm's liquidation draws to a close.According to officials from the PMA ...
By Staff reporter | Published: 25 November 2013
Struggling telecoms company Valley Technologies has been put under provisional liquidation following a High Court application by one of its creditors, DHL International Zimbabwe. According to the appl...
By Business reporter | Published: 09 August 2013
STEELNET Zimbabwe has been placed under final liquidation and the liquidator has invited tenders from interested parties to purchase operating assets.Steelnet liquidator Mr Christopher Maswi of Fair...
By Mafu sithabile | Published: 10 June 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
