INDUSTRIALS & ENERGY

David Whitehead re-opening imminent

DAVID Whitehead Textiles (DWT) intends to "immediately" restart operations at Chegutu factory after several years of intermittent operations, following acquisition of the company's majority shareholdi...

By Staff reporter | Published: 04 July 2019
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INDUSTRIALS & ENERGY

Private equity firms eye David Whitehead

David Whitehead is in serious negotiations with two unnamed investors seeking to inject fresh capital and revive the struggling textile firm, sources familiar with the talks have revealed. The company...

By Staff reporter | Published: 19 December 2018
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INDUSTRIALS & ENERGY

David Whitehead resumes operations

TEXTILE Company, David Whitehead Limited (DWTL), has resumed operations at its Chegutu factory after receiving a $2 million bailout from the Reserve Bank of Zimbabwe.The company had ceased operations ...

By Staff reporter | Published: 30 January 2018
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INDUSTRIALS & ENERGY

David Whitehead to re-open after $2m govt injection

Government has injected $2 million into David Whitehead to resume operations. David Whitehead, a large textile firm that used to employ 2 500 people in Chegutu, 100km southwest of Harare, collapsed in...

By Staff reporter | Published: 16 January 2018
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INDUSTRIALS & ENERGY

David Whitehead to resume operations

TEXTILE firm David Whitehead will resume operations in the next two months after the completion of maintenance work and the procurement of working capital support, the company's judicial manager Knowl...

By Martin Kadzere | Published: 21 July 2014
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INDUSTRIALS & ENERGY

David Whitehead set for partial re-opening

TEXTILE firm David Whitehead, is on course for  partial re-opening with technicians expected to begin maintenance work at the Chegutu and Kadoma factories next week, an official said."Zesa Holdin...

By Business Reporter | Published: 26 May 2014
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INDUSTRIALS & ENERGY

Lifeline for David Whitehead Textiles

DAVID Whitehead Holdings has been saved from liquidation after the High Court granted a final judicial management order for the company. Knowledge Hofisi of Aurifin Capital has been confirmed the fina...

By Staff reporter | Published: 08 April 2014
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INDUSTRIALS & ENERGY

Govt stops David Whitehead liquidation

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
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INDUSTRIALS & ENERGY

David Whitehead collapses

THE collapsed David Whitehead could be thrown into liquidation due to insolvency, denting the hopes of more than 3 000 employees who were expecting to return to work.The provisional judicial manager...

By Business Reporter | Published: 10 June 2013
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