Search results for 'Corporate rescue'
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
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
May 07, 2026
Companies
RioZim Faces Fresh Corporate Rescue Bid as Second Distress Claim Hits in 12 Months
RioZim Limited, one of Zimbabwe's most storied mining companies, has been forced into a public defensive posture after a minority shareholder holding a fraction of a percent of its issued share capita
May 11, 2026
Top Stories
Kenya Licensing Controls Cut Hippo Sugar Exports 59%, Raises Dependence on Zimbabwe Market
Hippo Valley Estates, Zimbabwe’s biggest sugar producer and exporter has registered a 59% fall in sugar exports in first quarter sugar, providing the first major test of how Zimbabwe’s sugar industry
41 minutes agoJobs That Were Never Taken: Over 178k Migrants Leave South Africa, Unemployment Hits 4-Year High
South Africa's unemployment rate has risen to 33.6% in the second quarter of 2026, a four year high, after more than 178,000 African migrants reportedly left or were deported during an immigration cra
Aug 13, 2026
