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
Zimbabwe Entrepreneurship Exchange: ZSE Builds Its Most Ambitious Market as Blue Chips Flee
The Zimbabwe Stock Exchange has spent the better part of 2026 building the institutional architecture of a market that does not yet exist, five confirmed partnerships in the space of four months, tw
10 hours agoStar Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery
Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions
Jul 02, 2026
