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
Old Mutual Targets US$46 Million Development REIT to Unlock US$150 Million Property Pipeline
Old Mutual Zimbabwe is preparing a US$46.2 million Development Real Estate Investment Trust which mobilises institutional capital through the Victoria Falls Stock Exchange rather than conventional ban
17 hours agoZiG, USD Inflation Converge: ZiG Drops Sharpest Fall of 2026, Validates RBZ’s Mid-Year Turning Point
imbabwe Gold’s (ZiG) annual inflation has fell to 3.2% in July 2026 from 4.7% in June, a drop of 1.5 percentage points that reverses three months of gradual increase and marks the sharpest single-mont
18 hours ago
