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
Government Opens Solar Market to Cash Payments, New Law Unlocks Surplus Electricity Credits
Zimbabwe has introduced virtual net metering and monetary compensation for surplus solar electricity under Statutory Instrument 127 of 2026, allowing qualifying consumers to transfer electricity credi
Oct 16, 2026Tagwirei Consolidates Economic Influence as ZANU PF Hands Him Politburo Portfolio Days After Cabinet Appointment
Zimbabwean businessman, Kudakwashe Tagwirei has secured a second senior economic position within three days, following his appointment to ZANU PF's Politburo as Secretary for Economic Affairs and Inve
Oct 15, 2026
