OK Zimbabwe’s corporate rescue sparks fears of shareholder losses
AS retail giant OK Zimbabwe enters corporate rescue, a chilling precedent involving clothing retailer Truworths suggests investors could have their…
Category: Companies
News and updates on specific companies and industries
Econet delisting, unbundling plans receive shareholder nod
Econet Wireless Zimbabwe’s minority shareholders have overwhelmingly endorsed a sweeping restructuring that will see the telecoms giant voluntarily delist from…
PPC Zimbabwe pushes Arlington Estate sale deadline to June 30
PPC ZIMBABWE and the buyer of its US$30 million Arlington Estate have extended the sale deadline to June 30, 2026,…
Econet opens exit offer after ZSE delisting gets nod
ECONET Wireless Zimbabwe has opened its US$0,50 per share exit offer following overwhelming shareholder approval for the company’s voluntary delisting…
Mega superstore launch highlights business-friendly environment
MANICALAND Province’s economic resurgence is steadily taking shape, with senior Government officials highlighting renewed private sector investment as tangible proof…
Prof Ncube leads academia-industry dialogue on 2026 fiscal strategy
FINANCE, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is today expected to headline a high-level academia-industry engagement in…
Econet shareholders approve ZSE exit, InfraCo restructuring
Minority shareholders of Econet Wireless Zimbabwe Limited (both institutional and retail) have voted overwhelmingly to approve the group’s voluntary delisting…
ZSE suspends trading in OK shares after corporate rescue deal
The Zimbabwe Stock Exchange (ZSE) has suspended trading in OK Zimbabwe Limited (OK) shares after the once-dominant retailer—one of the…
Simbisa posts robust 78,34% increase in profit in H12026
FAST-FOOD giant, Simbisa Brands Limited (Simbisa) has posted a 78,34% increase in profit after tax to US$15,84 million during its…
Global business network launches in Zimbabwe
Global business network, She Means Business International, launched its Zimbabwe chapter at a highly attended event in Harare over the…