Search results for 'financial restructuring'
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025
Companies
Khayah Cement to Go Private as Creditors Back Delisting, Fossil Mining Exit Looms
Khayah Cement creditors have approved a plan to delist the company from the Zimbabwe Stock Exchange, a move that sets the stage for majority shareholder Fossil Mining to potentially exit its investmen
May 21, 2025
Top Stories
Zimbabwe to Seek Sovereign Credit Rating as Mthuli Tests Reform Gains Against Country Risk
Zimbabwe intends to seek a sovereign credit rating as its re-engagement programme advances. * Public and publicly guaranteed debt stood at an estimated US$22.8 billion at the end of 2025. * A rating w
15 hours ago
