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
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
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
A consortium of Zimbabwean and Pakistani investors has officially taken over Tongaat Hulett Zimbabwe, offering renewed optimism for one of Zimbabwe's most strategic agro-industrial players. The acquis...
By Staff reporter | Published: 20 June 2025
Premier African Minerals is betting on a potential supply agreement with global commodities powerhouse Glencore Plc to breathe life into its financially embattled Zulu lithium project in Zimbabwe and ...
By Staff reporter | Published: 08 May 2025
MDC leader Nelson Chamisa last weekend rescued his beleaguered deputy Elias Mudzuri whom party officials wanted booted out.The MDC convened meetings of its three top organs, the standing committee, th...
By Staff reporter | Published: 20 December 2018
The Grain Millers' Association of Zimbabwe (GMAZ) has started supplying flour to small-scale bakers throughout the country to avoid artificial shortages of bread and other flour-related products.Some ...
By Staff reporter | Published: 20 July 2018
Local millers have turned to international non-governmental organisations (NGOs) to secure $100 million required for the importation of rice, wheat and other grains amid a worsening foreign currency c...
By Staff reporter | Published: 05 July 2018
International aid agencies contributed $931 million towards effective humanitarian support to vulnerable Zimbabweans since 2016, the United Nations (UN) has said.The statistics were revealed at a meet...
By Staff reporter | Published: 02 July 2018
Big Time Strategic Group CEO and founder Justice Maphosa is confident about Zimbabwe's economic recovery. The man who is credited of giving a helping hand to Zimbabwean President Emmerson Mnangagwa wh...
By CNBC Africa | Published: 31 May 2018
FORMER employees of displaced diamond producer Marange Resources (Marange), are set to receive their salary arrears and outstanding pension contributions in full by September 2020, the Zimbabwe Consol...
By Staff reporter | Published: 21 May 2018
In November 2017, Zimbabwe witnessed Robert Mugabe's unceremonious departure from power following a military coup staged by his own lieutenants. Having been in power for an unbroken 37 years of dictat...
By Staff reporter | Published: 14 May 2018
There is a flurry of investors angling for shareholding in companies whose debts were taken over by the Zimbabwe Asset Management Company (Zamco), a special purpose vehicle created by the Reserve Bank...
By Staff reporter | Published: 14 May 2018
Vice-President Constantino Chiwenga has come to the rescue of the family of a Zimbabwean cyclist who was found dead in Belgium by helping to source funds for the repatriation of his body.Abel Muchenje...
By Staff reporter | Published: 23 April 2018
ZANU-PF leader President Emmerson Mnangagwa is slowly girding himself for his first election, but his opponents claim his apparent confidence could be a sign he has something sinister up his sleeve.Mn...
By Staff reporter | Published: 17 April 2018
ZIMBABWE, which was on the verge of losing out on the construction of a US$25 million state-of-the- art national pharmaceutical warehouse bankrolled by the Chinese due to bureaucratic red tape and lac...
By Staff reporter | Published: 06 April 2018
Mystery surrounds MDC president Morgan Tsvangirai's emergency trip to South Africa amid swirling speculation that President Robert Mugabe's government paid for his chartered medical ambulance.Highly-p...
By Staff reporter | Published: 19 September 2017
THE Reserve Bank of Zimbabwe (RBZ) has begun allocating foreign currency for remittance of cash from ticket sales by international airlines, which have been failing to repatriate payments due to forei...
By Staff reporter | Published: 03 August 2017
PRESIDENT Robert Mugabe on Thursday came short of announcing his decision on beleaguered Zanu-PF national political commissar, Saviour Kasukuwere, declaring no party structure had the right to pass a ...
By Staff reporter | Published: 29 July 2017
The company is completely de-capitalised. Every unit has a working capital deficit. This is clear from the financials. This, in my view, clearly shows he doesn't know how to run a business of this mag...
By Staff reporter | Published: 14 July 2017
Zimbabwe's government is scrambling to re-establish lines of credit pledged by Southern African Development Community (SADC) member countries four years ago, as it seeks to rescue the faltering econom...
By Staff reporter | Published: 25 April 2014
Blue Ribbon Industries requires as much as $40 million to bring the grain milling and processing company back to viability, judicial manager Reggie Saruchera has said. Saruchera said in an inter...
By Staff reporter | Published: 26 February 2014
In the last decade, good governance and sensible policy-making have been in short supply in Harare. But in 2009, at least one good decision was made: to scrap the failed Zimbabwean dollar in favour of...
By Simon Allison | Published: 18 September 2013
Zanu-PF says it will use resources from indigenisation and mineral assets to recapitalise some State-owned financial institutions should it win the harmonised elections set to be held on July 31.Plan...
By Staff reporter | Published: 17 July 2013
Zimbabwe launches new airline 
Hichilema meets Chivayo 
Millions celebrate Diwali festival in India 
SA bitcoin firm mulls Zimbabwe listing 
Gold edges up as traders await guidance 
Airlink applies for Lanseria to Harare, Bulawayo route 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
