POLITICS

Zanu-PF suspends Harare, Bulawayo restructuring

ZANU-PF has suspended its restructuring of Harare and Bulawayo provinces despite completing the setting up of district coordinating com- mittees (DCCs) in the capital city. Last weekend, the ruling pa...

By Staff reporter | Published: 17 October 2019
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CONSTRUCTION & PROPERTY

Zimre records US$1,42m loss after property arm restructuring

ZIMRE Property Investments Limited (ZPI) says the restructuring of its portfolio led to a loss of US$1,42 million for the year ended December 31, 2018 from a profit after tax of US$2,48 million in the...

By Staff reporter | Published: 01 May 2019
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POLITICS

Zanu-PF restructuring moving at snail's pace

ZANU PF's ongoing restructuring of Harare and Bulawayo provinces is moving at a snail's pace.In February, President Emmerson Mnangagwa dissolved the party's two provincial executives and appointed his...

By Staff reporter | Published: 26 April 2019
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CONSTRUCTION & PROPERTY

ZHL profits up 1 137% on restructuring

Zimre Holdings Limited (ZHL), saw its profits growing by 1 137% to $2,7 million in the half-year ended June 30 from the comparable period last year, as the financial services group reaps from its rest...

By Staff reporter | Published: 26 September 2017
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LANDS & AGRICULTURE

Zimplow pleased with restructuring

Zimplow CE Zondi Kumwenda told an analysts briefing today that they are pleased by the group's structure which emerged after the restructuring last year and they are "now focused on the businesses the...

By zfn | Published: 05 March 2014
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TRANSPORT & TOURISM

Afsun debt restructuring to be complete by 1H

African Sun CE Shingi Munyeza says the debt restructuring process will be complete before the end of the first half.The group also expects to raise $6 million through a rights offer with the commitme...

By Staff reporter | Published: 16 January 2014
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TRANSPORT & TOURISM

Zim to oversee RETOSA restructuring

A committee of made up of tourism ministers from, Zimbabwe, Zambia, South Africa, Mozambique, and Malawi were named to oversee the restructure transition of the Regional Tourism Organisation for South...

By Staff reporter | Published: 13 December 2013
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MINING & RETAIL

Board restructuring looms at ZMDC, Marange

ZIMBABWE Mining Development Corporation (ZMDC) and Marange Diamonds boards of directors will soon have fresh faces as the appointment process is almost done, business digest can reveal.Minister of Min...

By Staff reporter | Published: 06 December 2013
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MINING & RETAIL

HCC - Willoughby's restructuring proposal

The Board of Directors of Hwange Colliery Company Limited convened a Special Board meeting on the 4th of November 2013 to deliberate on the $50.0m shareholder loan and restructuring proposed by Willou...

By Staff reporter | Published: 12 November 2013
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BUSINESS NEWS

RBZ restructuring set for September

THE government is set to restructure the Reserve Bank of Zimbabwe (RBZ)'s balance sheet by end of September as part of plans to improve the stability of the financial sector.In a letter of intent co-...

By Business reporter | Published: 08 July 2013
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MINING & RETAIL

RioZim to focus on debt restructuring

RioZim will continue focusing on debt restructuring with the company expecting to generate $8.6 million cash in total and $7.7 million before the end of the year from the sale of reverts of Xstrata, ...

By Business reporter | Published: 10 June 2013
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FINANCIAL SERVICES

Restructuring of POSB begins

Restructuring of the People's Own Savings Bank has started, following the engagement of legal and financial advisors to facilitate the transaction, Parastatals and State Enterprises Minister Gorden M...

By Business Reporter | Published: 10 June 2013
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