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

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

Zimbabwe Heads for Third Consecutive Wheat Record: ARDA Grows Nearly Half as National Plantings Hit 133k Hectares

Zimbabwe has planted 106% of its 125,000 hectare winter wheat target, up from 101% at the same point in 2025, taking the national area to roughly 132,500 hectares. The Agricultural and Rural Developme

Jul 23, 2026

Afdis’ Q1 Revenue Hits 47% of Last Year’s Full Year on Volume Boom, Grey Market Crackdown

Spirits and Wines maker, African Distillers  has grown the first quarter revenue  by 47% to USD 27.9 million on volumes 43% ahead of the comparable quarter, taking a single quarter's turnover to 46.7

Jul 23, 2026

Idle Factories, Falling Prices: Why Zimbabwe’s Tobacco Boom Is Not Reaching Growers

Zimbabwe’s growers delivered 353,813,565 kilogrammes of tobacco across the 2026 marketing season at an average of USD 2.49 per kilogramme according to the latest data from the Tobacco Industries and M

Jul 23, 2026

GMB’s Unpaid Balance Rebuilds Ahead of Wheat Intake

The Grain Marketing Board's unpaid balance to farmers on 2025/2026 summer crop deliveries stood at ZiG 81.424 million and USD 7.419 million  by 20 July 2026, against payments already made of ZiG 135,1

Jul 23, 2026

Zambia's Green Pivot: Unpacking Chisamba’s Ambitious Milestone

Zambia commissioned the 100MW second phase of the Chisamba Solar Power Plant on 21 July 2026, doubling installed capacity at the Central Province site to 200MW and creating the country’s largest solar

Jul 22, 2026

From Household Security to Breadbasket:How Pfumvudza Can Unlock Zimbabwe’s Agricultural Scale

Zimbabwe's Pfumvudza/Intwasa programme has done what it was designed to do, delivering a bumper harvest, turning Zimbabwe’s 2024 cereal deficit story into a surplus one.  The 2025/26 summer season pro

Jul 22, 2026

Zimbabwe’s Lithium Rail Service Intensifies Regional Port Competition

The National Railways of Zimbabwe, Beitbridge Bulawayo Railway and logistics company Silvergill have transported the first 1,000 tonnes of lithium concentrate from Tsingshan Holding Group’s Gwanda Lit

Jul 22, 2026

Competition Watchdog Flags Exchange Deals as Dairibord Sale Looms

The Competition and Tariff Commission has warned investors, listed companies, stockbrokers and corporate advisers that acquisitions through the Zimbabwe Stock Exchange and Victoria Falls Stock Exchan

Jul 22, 2026