Search results for 'Corporate Rescue'
Companies
Khayah Cement to Delist from ZSE, Plans Restructuring, Kiln Refurbishment

Khayah Cement Limited, one of the leading cement manufacturers plans to delist from the Zimbabwe Stock Exchange (ZSE) as part of a strategic restructuring effort to stabilize its operations according

Apr 29, 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
Companies
Truworths Delists from ZSE After 44 Years of Operation

The Zimbabwe Stock Exchange Limited (ZSE) has officially terminated the listing of Truworths effective 22 July 2025, following a series of developments that reflect the challenging operating environme

Jul 24, 2025
Companies
Revival of RioZim: Reopens Mines, Eyes Profitability in Soaring Gold Market

ioZim Limited, once a powerhouse in Zimbabwe's mining sector and the third-largest gold producer in 2020 just behind Caledonia and Freda Rebecca, has endured a prolonged period of decline marked by op

Nov 04, 2025
Zimbabwe
City Parking Fees Cut to US$0.50, Licensing Overhaul Takes Legal Effect

The Government has cut city parking fees to US$0.50 cents per hour from US$1 per hour as part of a sweeping overhaul of business licensing and municipal charges now formalised under Statutory Instrume

Mar 02, 2026
Companies
How Government Brought OK Zimbabwe to Its Knees: And Reformed Later

When OK Zimbabwe, the country's largest listed supermarket chain and a retail institution founded in 1953, filed for corporate rescue on 24 February 2026, it did not come as a shock to those who had

Mar 05, 2026
Companies
Telecel's Valuation Trap: Buying a Broken Network to Own a Permanent Licence

Telecel Zimbabwe, once the historically second-largest mobile operator in the country with 1.92 million active subscribers and a 15.1% market share as recently as 2015, is currently operating under vo

2 hours ago

Top Stories

Tobacco Output Hits 200m kg in 42 Days, But Prices Remain Compressed

Zimbabwe's 2026 flue-cured Virginia tobacco season had, by Day 42 of trading on 5 May 2026, moved 199,114,300 kilograms across both auction and contract floors at a combined average price of USD 2.60

1 hour ago

Telecel's Valuation Trap: Buying a Broken Network to Own a Permanent Licence

Telecel Zimbabwe, once the historically second-largest mobile operator in the country with 1.92 million active subscribers and a 15.1% market share as recently as 2015, is currently operating under vo

2 hours ago

Calm Before the Storm? ZERA Holds While SADC Peers Breach Historic Price Records

ZERA, Zimbabwe's energy regulator, has held flat petroleum pump prices for the period to 15 May 2026 with petrol (E20 blend) at USD 2.08 per litre and diesel at USD 2.09 per litre in United States dol

2 hours ago

Zimbabwe Tests Diesel Blending to Cut Fuel Import Costs

The numbers suggest that the stakes are high. Diesel consumption continues to grow, reflecting economic activity and structural dependence on road transport. Any intervention in this market will have

14 hours ago

Zimbabwe Resets Mining Fees, Introduces Tiered Fee Structure

Cabinet has approved a comprehensive review of licences, permits, levies, and fees charged across Zimbabwe's mining sector, introducing a tiered fee structure in which artisanal and small-scale miners

1 day ago

Xarani and the Platform Bet: What FBC Holdings Is Building, and Whether It Can Work

The platform bet is intellectually coherent, the Finserve trajectory demonstrates the commercial destination at maturity, and the internal group synergies with MicroPlan, OutRisk and FBC Bank are real

1 day ago

Zambia Rejects $2B US Health Carrot: Haimbe Exposes Secret 'Minerals-for-Medicine' Link

Zambia's Foreign Minister Mulambo Haimbe has disclosed on 4 May 2026 that negotiations with the United States over two proposed bilateral agreements, a health cooperation framework worth up to USD 2 b

1 day ago

Mozambique, South Africa Drive Zimbabwe’s Q1 Growth: America’s Slump Weakens March Arrivals

Zimbabwe's tourism sector has recorded 384,561 international arrivals in the first quarter of 2026, an 11% increase year-on-year, generating USD 251 million in tourism receipts, a 14% improvement from

1 day ago